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Tanzania: Mobile Banking Deepens Financial Inclusion
One of the drivers of the country's gross domestic product (GDP) by 7.0 per cent last year was financial intermediation, speeded up by inclusive financing.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Could Stellar Be the Answer to Enable Financial Inclusion Around the Globe?
When the internet first came round in the mid-nineties, people didn’t expect to see impactful tools like open-source libraries like Wikipedia or renting sites like AirBnb or car-sharing ones such as Uber and Lyft. As an open tool, the internet has laid the foundation for these products to be born, reaching audiences far and wide with powerful applications that impact most of our daily lives, whether we like it or not. But a lot of important industries have been left behind in the process. This, however, might be starting to change.
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- Technology
- Region
- Sub-Saharan Africa
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MTN Rwanda partners with government to let taxpayers pay their taxes using mobile money
MTN Rwanda has partnered with Rwanda Revenue Authority (RRA) to offer taxpayers an easier way to pay their taxes using the MTN Mobile Money platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Health Gap Between Urban Rich and Poor Getting Worse
In cities, access to quality health care varies greatly between the rich and poor, from Lagos to Washington, D.C. The poorest urban children in some developing countries are twice as likely to die as their wealthy counterparts. Steps must be taken immediately to eliminate health inequality, says charity group Save the Children.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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How Mobile Money Is Saving Africa $2bn Annually
Mobile phones have proven to be potential game-changers inboosting access to financial products and services to people in Africa. This is particularly true for those at the bottom of the socio-economic pyramid as seen in East Africa. It has often been appraised based on its contribution to ‘banking the unbanked’, but mobile money has achieved much more, it has saved the continentnearly $2 billion previously lost annually to inefficient money transfer.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Safaricom Safe From Being Declared Market Dominant in Kenya, Regulator Says
Kenya's competition regulator said it won’t impose penalties on mobile-phone company Safaricom Ltd. to limit its market dominance as there’s no evidence to suggest the company has abused its position.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations
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Goodbye, Kerosene: How Solar Could Transform Africa
Africa is in the midst of a technological revolution, and it's increasingly solar powered.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Vodacom Tanzania Plans $100 Million Expansion in Rural Areas
Vodacom Tanzania Ltd., the country’s biggest mobile operator, will spend 200 billion shillings ($100 million) expanding its network this year to tap market potential in rural areas and add mobile-money subscribers.
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- Uncategorized
- Region
- Sub-Saharan Africa
