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Ghana Mobile Money Interoperability Transactions Rise 400 Percent in Six Months
The huge jump in the MMI volume could be attributed to increased awareness that funds can now be transferred across wallets of different telecommunications networks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Digital Innovation to Support African SMEs
COVID-19 may significantly hinder economic and social development across Africa. If the continent is to recover, then micro-entrepreneurs and SMEs will be the engine of growth.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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In Malawi, Residents Use Debit Cards, Mobile Money, To Pay For Water
The project has been implemented in communal water points in peri-urban areas. The initiative can, however, limit the have-nots’ access to water. Social activists have criticized the innovation saying that it robs residents of the right to water.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Zimbabwe Is Squeezing Its Top Mobile Money Platform for Users’ Data as It Clamps Down on the Media
The government has been at odds with the EcoCash for several months as its currency crisis and economic woes have spiraled out of its control. Last month Zimbabwe’s central bank slammed EcoCash for running, what it called, a Ponzi scheme.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Airtel Africa Connects With WorldRemit to Grow Its Money Transfer Business
Airtel Africa, a telecommunications and mobile money services company, is scaling up its operations with the help of WorldRemit, a digital money transfer service provider, to broaden its instant money transfer services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Nigeria’s Economy Can’t Reach Full Potential Without Financial Inclusion
Sparkle, a digital ecosystem that offers financial, business, and lifestyle support services to retailers and small businesses launched early June after securing a banking license from the Central Bank of Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Vodacom Partners with China’s Alipay to Create ‘Super App’ in South Africa
Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Does Digital Technology Stimulate Economic Growth in Sub-Saharan Africa?
The United States and China, the two largest economies have contributed immensely in developing digital technology.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- SDGs, social enterprise
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