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Uganda: How Technology Is Changing the Face of Banking
A wave of technological innovation has suddenly swept through the Ugandan banking space in recent times. Key developments within the sector have erased memories of dreary days when people had to walk into banking halls, wait in queues to withdraw money, deposit savings or request for a loan. Only people doing complex transactions have kept at this tedious process.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Safaricom Extends Lead on Mobile Money Transfers
Safaricom has expanded the value of mobile money transfers under its M-pesa platform by 4.45, latest industry data shows, as the company continues to lead in the mobile money market.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Kenya Targets 1 Million Digital Jobs for Youths in a Year
Kenya has started a digital skills training program to enable 1 million young people to secure freelance online work in the next year, in a bid to tackle the country's acute youth unemployment problem.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- employment
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What does it mean for technology to be innately African?
Mobile and cloud may be global technologies, but African startups have explored their functionalities, shaped their applications and used them to build differentiated business models suited to their markets, writes Amrote Abdella, regional director of Microsoft 4Afrika.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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New mobile payments facility to help enhance financial inclusion in Rwanda
Rwanda’s cashless economy push has received a timely shot as regional lender KCB Bank Rwanda prepares to launch a new payment system that is tipped to expand digital and mobile banking services across the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Ayo Uganda Launches with two mobile based Micro-Insurance Products
MTN Uganda, in partnership with aYo, today announced innovative micro-insurance products, Recharge with Care and Send with Care. The two are the first products launched by aYo – a joint venture between MTN and MMI Holdings – announced in September last year. aYo was formulated to have a strong focus on delivering micro-insurance solutions across the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Legitimate MFIs to Be Distinguished By Logo in Ghana
The Ghana Association of Microfinance Companies (GAMC) is to introduce a corporate signage for all licensed institutions in the sector by mid-2017. The signage, which would be present at the premises of all registered microfinance institutions in the country from January, is to help the public identify licensed companies to do business with.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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MasterCard Thinks Small With Microcommerce Platform in Africa
For some financial-services giants, the next big thing is micro, and unbanked customers are the entry point. The latest example is MasterCard, which is getting into microcommerce in Kenya with the launch of a new mobile platform that lets consumers buy goods with cash, mobile money, or bank transfer using their phones. The service, called 2Kuze, is aimed at Kenyan farmers and their customers and may mark the beginning of a deeper journey into mobile money products.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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