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PayPal, Safaricom partnership enables cross-border mobile payments in Kenya
“PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable eCommerce and democratise financial services on the African continent,” says Efi Dahan, General Manager for the Middle East, Africa and Russia, PayPal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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This Agricultural Guide On A Phone Helps Increase Developing-World Farmers’ Yields
“A lot of smallholder farmers are very poor and they wait until it’s too late because they don’t want to spend the money,” says Leesa Shrader, who leads work on DigiFarm for Mercy Corps, one of several groups developing the platform. “The cow dies and they’ve lost an $800 asset, which can be devastating to the families. With DigiFarm, they can pull the training when they want it.”
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Kenya mobile phone firms to offer cross-network cash transfers
Subscribers of Safaricom, Airtel and Telkom will be able to transfer and receive cash from one mobile network to another, the companies said in a joint statement published in the Business Daily newspaper.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Study shows Kenyans’ soaring appetite for mobile loans
Mobile loans have become the largest source of credit for Kenyans besides family and friends, signalling the growing allure of financial technology (fintech) services in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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First Digital-Only Bank in Ivory Coast Launches
Ivory Coast has the fifth highest percentage of adults with mobile money accounts in the world.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Solar firm Angaza wins Sh125m innovation award
The platform has helped digital finance service providers fill the market gaps that traditional brick-and-mortar financial institutions avoid in impoverished urban centres and rural communities.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press release: Building the Business Case for Housing Microfinance in Sub-Saharan Africa
A new study from Habitat for Humanity (www.Habitat.org) says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in the region, particularly from poor people.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Empowering Women-Owned Enterprises To Solve Local Energy Challenges
Lack of access to electricity continues to plague many African countries, including Uganda, where up to 80% of the population lives without power. Given the increasing demand, it will take more than the Ugandan government to power up the East African country.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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