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M-Pesa and the Rise of the Global Mobile Money Market
Most people probably don’t think of Kenya as an innovation and technology hub, but in 2007 it became the launching pad for M-Pesa, a transformativemobile phone-based platform for money transfer and financial services. Since then, M-Pesa has undergone explosive growth: in 2013, a staggering 43 percent of Kenya’s GDP flowed through M-Pesa, with over 237 million person-to-person transactions. M-Pesa is nearly ubiquitous in the daily lives of Kenyans due to a range of services that include money deposit and withdrawal, remittance delivery, bill payment, and microcredit provision.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Mobile Money Service a First for Burundi, ‘Just Like an Instant Message’
London-based money transfer services provider WorldRemit has partnered with Zimbabwe-based EcoCash service to launch instant mobile money transfers in Burundi.
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- Uncategorized
- Region
- Sub-Saharan Africa
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A Milestone in Africa: No Polio Cases in a Year
It has been one full year since polio was detected anywhere in Africa, a significant milestone in global health that has left health experts around the world quietly celebrating.
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- Health Care
- Region
- Sub-Saharan Africa
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How A Toilet Franchise Business Is Cleaning Up Kenya’s Slums
When the government isn't providing clean sanitation, Sanergy is showing that there's an opportunity for local entrepreneurs to step in.
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- Health Care
- Region
- Sub-Saharan Africa
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Disrupting Remittances Through Mobile Money in Uganda
The money remittance industry sees over US$34 billion sent to sub-Saharan Africa each year, accounting for an average of 5 per cent of GDP on a country-by-country basis. However, for those sending and receiving money, the systems in place are inefficient and time-consuming.
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- Uncategorized
- Region
- Sub-Saharan Africa
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An American Company Eyes Revolutionizing African Healthcare Management
AvailaMed, a United States based Information Communication Technology (ICT) Company, is set to launch its Electronic Health Record (EHR) health data recording and Business Intelligent (BI) Reporting System in three health facilities in Ethiopia, the company’s official announced.
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- Health Care
- Region
- Sub-Saharan Africa
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One Man’s Quest to Combat Counterfeit Drugs — With a Suitcase
In a small house in rural Kenya, a young woman gives birth to a healthy little girl. Before anyone can celebrate, the mother starts bleeding. The woman will die soon if the bleeding doesn't stop.
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- Health Care
- Region
- Sub-Saharan Africa
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Nigeria Has Attained HIV, Maternal Mortality MDGs Targets Ahead of Deadline, Govt Asserts
Ahead of the September, 2015 target date of the Millennium Development Goals (MDGs), the Federal Government said Nigeria has attained the targets set on HIV/AIDs and Maternal Mortality in the country.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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