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Somalia Issues First License to Mobile Money Service
Somali officials on Saturday issued the country's first license to a mobile money service, bringing regulation to the widely used digital payment process for the first time.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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MTN Teams up With Mastercard on Mobile Wallets in Africa
Africa’s leading mobile operator MTN has partnered with payment platform Mastercard to add online payment functions to its mobile wallet for user across its fintech footprint.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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World Bank Calls for Unbiased Infrastructure Policy in Ethiopia
“To benefit fully from competition does not mean offering preferential treatment to Ethio Telecom but rather creating a level playing field on which it can compete fairly with its new rivals,” argued Dione.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Miga Issues $26 Million in Guarantees to Escotel Mauritius’ Solar Investment
The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees of up to $25.6 million to Escotel Mauritius covering its investments in solar power generation in Liberia and Sierra Leone for a period of up to ten years.
- Categories
- Energy, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: DFC Approves Over $2.1 Billion in New Investments for Global Development
Projects aim to bolster energy security in Eastern Europe, trusted telecommunications networks in Africa, and the global response to COVID-19
- Categories
- Coronavirus, Investing, Telecommunications
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Viewpoint: A Safaricom Split Is a Telco’s Dream and a Fintech Startup’s Nightmare
Talks of splitting up Kenya and East Africa’s dominant telco, Safaricom, previously gathered interest about five years ago when the Kenyan parliament stepped up calls to break the all-conquering telco into two fragments.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Mobile Money Adoption Within IDP Camps in Somalia Provides Unlikely Blueprint for Navigating COVID Pandemic
Internally displaced people’s (IDP) camps are relying upon Somalia’s intricate mobile money infrastructure to navigate the COVID-19 pandemic. Accelerating the adoption of mobile money by IDPs across Somalia has been shown to be effective in mitigating the risk of the COVID-19 spreading while providing rapid fund delivery.
- Categories
- Coronavirus, Technology, Telecommunications
- Region
- Sub-Saharan Africa