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M-Pesa’s Quiet Mobile Revolution 10 Years In
In the developed world, particularly in the United States, mobile payments have entered the scene with a lot of fanfare and great expectations — but haven’t delivered all that much in the way of impressive results. As of the last PYMNTS/InfoScout report on in-store mobile wallet usage, and particularly for the longest running general purpose mobile wallet in the market, Apple Pay, 19 out of 20 users who could use a mobile wallet don’t. It seems when it comes time to pay the piper in the store, consumers in the U.S. and Western Europe still kind of like their cards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tanzania: Dar Economy ‘Stable’ As Financial Inclusion Hits 60 Percent
Mobile phone money services have heightened financial inclusion during the past decade from just 11 per cent to over 60 per cent of the population as of now, a new report by the World Bank has revealed.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Financial Inclusion Remains a Work in Progress in South Africa
On the surface, South Africa appears to be financially inclusive compared with other emerging markets: 70% of adults, for example, have a transaction account. However, it’s not nearly as inclusive as most mature markets, and serious and stubborn gaps remain, according to a new report by The Boston Consulting Group.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bitcoin Startups BitPesa and Bitbond Deliver P2P Loans for African Businesses
Bitcoin startups BitPesa and Bitbond, based in Africa and Germany respectively, have announced a new initiative to bring financing options to businesses in Kenya, Nigeria, Tanzania and Uganda.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press release: GSK Offers Global Health Scholarships To Kenyan Scholars
Glaxo Smith Klein has announced a new scholarship fund to support the training and development of the next generation of leaders in global health, and strengthen the capacity of health systems in Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Why Aren’t Kenyan Innovators Making Money From Their Creations?
If Daniel Njuguna were to convert every one of his innovative ideas into businesses, he would certainly be a rich man.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Equity mobile cash platform cuts Safaricom market share
Equity Bank’s mobile banking platform accounted for over a fifth of mobile money transfers in the latest sector statistics by the Communication Authority of Kenya.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: George W. Bush: PEPFAR saves millions of lives in Africa. Keep it fully funded.
Last week in Gaborone, Botswana, Laura and I sat in a small room in Tlokweng Main Clinic, a facility that recently started screening and treating women for cervical cancer. Seated with us was Leithailwe Wale, a 40-year-old woman who was diagnosed with the disease. Thanks to early detection and access to treatment, she told us, today she is alive, healthy and able to raise her son.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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