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How a Mobile Airtime Vendor Became Zimbabwe’s Fastest-Growing Bank: EcoCash has reached a million subscribers in less than 6 months
Money is whizzing through the airwaves and cell towers of Zimbabwe, as a mobile cash transfer system is on track to become the country’s biggest bank. EcoCash, a mobile money transfer service operated by telecommunications company EcoNet Wireless Zimbabwe, has reached a million subscribers in under six months since its launch.
- Categories
- Technology, Telecommunications
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Initiative for Global Development teams with Accenture to develop electricity, connectivity in Uganda
The University of Notre Dame Initiative for Global Development (IGD) and Accenture — a global management consulting, technology services and outsourcing company — are taking the lead to empower disconnected communities in northern Uganda by harnessing solar energy to generate electricity for Internet and communications technologies, education and training centers, and new locally developed ventures.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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iHub: Experiencing the Energy at Nairobi’s Innovative ICT Hotspot
iHub currently connects to more than 8,500 members through a weekly newsletter and events that include Start-up Pitch Night, Fireside Chats, and Hack-a-Thons. A tiered membership scheme gives select members daily access to the facility, including the 20MB Internet connection and space for meetings, Internet use, networking, and collaborative projects.
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- Technology, Telecommunications
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How the Arab World Can Build a Tech Sector of its Own
Unemployment in MENA is 10.3 percent, according to the International Labor Organization, the highest anywhere in the world. That rate grows to 23.8 percent for those between the ages of 15 and 25. But where should youth turn to look for meaningful jobs? Maybe the same place they turned to stage protests against their governments: online.
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- Technology, Telecommunications
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Weekly Roundup: Bringing Broadband to the BoP and Other Insights From OMJ’s BoP Week
Like housing, expanding broadband requires close collaboration with public and private stakeholders, and a willingness to build trust across them. Building that trust was part of the mission of the Opportunities for the Majority’s Strategic Partners Dialogue, which brought together government officials, financers, NGOs, and, of course, entrepreneurs to discuss how policy innovation can be a catalyst for market-based solutions to poverty in both broadband and housing.
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- Technology, Telecommunications
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In Telemedicine, Often Old Habits Prove Bigger Challenge Than Technology Hurdles
In the rural town of Juvvalapalem, most residents seek the local Rural Medical Practitioners (also known as quacks) when they need medical treatment. This is just one of the challenges we’re dealing with at GloCare, an initiative to provide market-driven quality healthcare solutions to underserved populations through telemedicine.
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- Health Care, Technology, Telecommunications
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Will Lower Mobile Money Fees in Kenya, Tanzania be Enough to Stimulate Micropayments?
Many cite the high cost of electronic transfers as a key market barrier to leveraging mobile money platforms and enabling retail payments or other financial services to the poor. (See a previous post on that subject here). But recently, two leading mobile money providers in Kenya and Tanzania lowered their prices for small-value transfers.
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- Technology, Telecommunications
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Big Idea: Why Hands-On Regulation of Mobile Money Could Be Dangerous
There’s a very simple imperative driving the tariff structure and every other decision that determines access to mobile money: cost recovery. This is more than a cold-hearted calculation by mobile network operators’ accountants. If rural mobile money agents, who generally operate as independent contractors, cannot profit from this role, there will be no rural agents and no mobile money service.
- Categories
- Technology, Telecommunications
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