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Kenya Is Mobile Cash King but Ghana and Rwanda Lead in Reach
This means that seven out of every 10 Kenyans are using their mobile phones to access their bank accounts for services to save or get loans coinciding with a change by the lenders and micro-financiers to adopt mobile and digital platforms that cut on operational costs.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Report: Mobile Money Transfers Remain Costly for the Poor
Kenya is among the top five African countries in mobile penetration, even though the cost of mobile transactions remain high for poor households and businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Bitcoin in Africa – What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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How Technology Could Help Rural South Africa Turn Sunshine Into Income
If South Africa positions itself well, it could become a test bed for these technologies and thereby benefit from investments in research and development by major international corporations that have an interest in driving these trial runs.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Ghana Is Adopting a Data-Driven Approach to Fighting Poverty
The government is now seriously committed to a “leave no one behind” ethic, which means counting every single person in the population. That includes people who are sometimes called “the invisible” — those who live in slums, who are homeless, or who are institutionalized.
- Region
- Sub-Saharan Africa
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Bank of Ghana Clean-Up Leaves Only 137 Microfinance Companies in Good Standing
The Bank of Ghana in the statement explained that new measures have been put in place to ensure that existing institutions remain structurally and administratively safe enough to continue with their businesses by complying with its regulations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Report: Equity Bank Commended for Financial Inclusion of Refugees
Equity Bank has been featured in a recent report by International Finance Corporation (IFC) and Bridgespan titled “Private Sector and Refugees: Pathways to Scale.”
- Categories
- Finance
- Region
- Sub-Saharan Africa
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PalmPay, Visa Partner to Drive Financial Inclusion Across Africa
In a statement made available to The Guardian, Vice President, Strategic Partnerships, Fintech and Ventures at Visa, Otto Williams, said the goal of advancing financial inclusion was the driving force for the collaboration, noting that the partnership would benefit consumers and merchants not previously addressed by traditional financial services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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