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Financing Agribusinesses in Africa: Mobile Money Shows More Viability
As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Safaricom Launches Internet-Ready Commercial and Residential Addresses Initiative
Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Equity Bank Launches Long-Delayed Mobile Money Platform in Kenya
Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MUrgency Launches Global Emergency Response Mobile App in India
A new decentralized and personalized mobile app called MUrgency ( One Global Emergency Response Network) is being set up to create a global emergency response to help people in distress in developing countries.
- Categories
- Health Care, Technology
- Region
- South Asia
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Bharti Airtel Starts First Cross-Border Mobile Money Transfer in Niger
Telecom giant Bharti Airtel today launched a cross-border money transfer service for its mobile wallet customers in Niger -- a first in the country by a telecom company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenya’s Safaricom Might Have to Spin Off M-Pesa, the World’s Largest Mobile Money Business
The Kenyan government is introducing new regulations this week in parliament that could lead to the break-up of Safaricom, the country’s leading telecom company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa Leads Mobile Money Boom
New data from Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services - with $2bn in revenues forecast for this year and $4bn annually 2018...
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Illicit Financial Flows: Digital Pirates Costing Africa Big Bucks, but Mobile Banking Could Surprisingly Save the Day
Illicit Financial Flows (IFF) are moving to the forefront of the international agenda, as governments worldwide join forces to combat money laundering, tax evasion, and international bribery, which make up the bulk of such flows.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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