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Clickatell and UBA launch chat banking in Nigeria
Clickatell, an authorised WhatsApp business solution provider, has announced that United Bank for Africa (UBA) will be going live with their chat banking solution – Leo on WhatsApp
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Mastercard partners with Vodacom to introduce first online card in Tanzania
The virtual card will allow M-Pesa mobile wallet holders to make payments on any local or international website or app where Mastercard is accepted for payment, without the need for a bank account or credit card.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Is Cash Better for Poor People Than Conventional Foreign Aid?
U.S.A.I.D., the American foreign aid agency, is conducting a trial that measures the impact when poor people abroad are simply given money with which to decide what’s best for themselves.
- Region
- Sub-Saharan Africa
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Nespresso Invests Big in Zimbabwe Coffee Amid Agricultural Reforms
Zimbabwe’s coffee sector has fluctuated wildly over the past 30 years in terms of production volumes, exports and producer income, primarily due to controversial land battles that caused nearly all of the white plantation owners of European and Australian lineage to flee.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Oxfam appoints Sriskandarajah as chief executive
Oxfam GB has appointed Dhananjayan Sriskandarajah as its new chief executive, taking over from Mark Goldring “around the end of 2018”. Sriskandarajah is currently secretary general and chief executive of CIVICUS, the Johannesburg-based global alliance of civil society organisations and activists with members in more than 180 countries.
- Categories
- Agriculture, Health Care
- Region
- Sub-Saharan Africa
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Fintech Predicted to Contribute $150 Billion to Africa’s GDP by 2022
“If you look at the value chain, most of that money is coming out of mobile-phone companies,” Osano said. “So from the other support services the contribution is not much, but is expected to increase as fintech develops to address the financial needs of people or making services more accessible.”
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: FINCA Impact Finance and KfW Announce USD 8.5 Million Subordinated Loan Facility for Democratic Republic of Congo
FINCA Impact Finance is furthering its strategy of diversifying its sources of funding to pursue digital transformation and promote financial inclusion through mobilizing deposits and local currency debt funding. In the past year, it has attracted worldwide attention and interest from the investment community after issuing bond offerings in its subsidiaries in Pakistan, Nicaragua and Armenia, allowing greater flexibility to manage foreign exchange and geographic risks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Bill Gates Foundation eyes Kenya’s mobile money with Mojaloop software
Mojaloop will be expected to connect the six mobile money providers and 44 registered banks upon securing approval.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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