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MTN & Vodafone Interconnect Their Mobile Money Services
In a move focused at deepening financial inclusion in East Africa, MTN and Vodafone have agreed to intersect their mobile money services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Faster Internet Access Means More Cyberattacks for Africa
The rapid development of Internet access throughout Africa has not been accompanied by an equivalent increase in awareness of security issues, opening up the possibility of a rise in cyberattacks.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC, MasterCard in $250M Risk Sharing Pact to Drive Financial Inclusion
International Finance Corporation (IFC), a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration to increase universal financial access by 2020.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rwanda: MTN Launches Mobile Money School Fees Payment Service
MTN Rwanda has partnered with 21 schools from across the country to enable parents pay school fees using the telecom's mobile money platform.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Signs Ebola Spreads in Sex Prompt a CDC Warning
The Centers for Disease Control and Prevention revised its guidelines on Ebola transmission on Sunday night, urging survivors to abstain from all forms of sex or use condoms every time “until more information becomes available,” rather than three months as previously recommended.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Mobile Money to Power Global Remittances
Global remittances will grow slowly in 2015, but accelerate again in 2016/17: global remittances are projected to reach $586 billion in 2015, at a slower growth rate of 0.4% due to economic conditions. However, remittances are expected to accelerate again to reach an estimated $636 billion in 2017.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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Nigeria Is Projected to Be the First African Country to Hit $1 Trillion in GDP by 2030
Nigeria’s economy will more than double in the next 15 years, according to projections from the United States Department of Agriculture. Today, with an annual GDP of around $500 billion, Africa’s largest economy is 27th in the world. By 2030 it is expected to climb up to 19th place just ahead of the Netherlands.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why Ethiopian Financial Services Industry Is Slow on Mobile Banking
Ethiopia’s heavily regulated financial service sector is one of the least developed on sub-Saharan Africa with over 80 million people from a population of 94 million still unbanked, despite the rapid economic growth the horn of Africa nation has experienced over the last decade.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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