YAOUNDE (Thomson Reuters Foundation) – From training community ambassadors to encourage women with fistula to seek treatment, to cash for transport to hospitals, African nations are finding new ways to deal with the agonizing childbirth injury that ruins the lives … Continued
CO-AUTHORS: TIM KELLY, AXEL RIFON Mogadishu–Somalia, September 2016. Photo: Altai Consulting. Mobile payments herald financial opportunity in Somalia. But for whom? And for how long? If Somalia’s telecommunications sector is the locomotive driving the economy, mobile money is the highway, … Continued
By Rob Matheson, Phys.org Since 2008, MIT economist Tavneet Suri has studied the financial and social impacts of Kenyan mobile-money services, which allow users to store and exchange monetary values via mobile phone. Her work has shown that these services … Continued
By Neha Wadekar NAIROBI (Thomson Reuters Foundation) – Almost 200,000 Kenyan households, many headed by poor, rural women, have lifted themselves out of poverty using mobile money services, experts said on Thursday, calling for the technology to be introduced in … Continued
By JAMES KARIUKI The tremendous success of M-Pesa in Kenya is influencing consumers and businesses in other African countries to adopt mobile money, a survey has said. The study titled Mobile Payment Transaction Market, which looks at the text-based payment … Continued
Mobile money selling points in Kigali, established by the various operators in the country. PHOTO | CYRIL NDEGEYA By Jean-Pierre Afadhali Rwanda is increasingly adopting mobile financial services at a faster pace, a development which makes it competitive in the other … Continued
By Thorsten Beck, Agenda M-PESA has made quite some headlines since its introduction in 2007. After its launch, the mobile money technology became the payment method of choice across Kenya, given that its use poses lower risks than informal payment … Continued
East Africans are now using mobile money platforms to move cash equivalent to a third of the value of goods and services produced in the region, the latest industry statistics show. TEA GRAPHIC | NATION MEDIA GROUP East Africans are … Continued
By Ronald Ssekandi, Yuan Qing KAMPALA, (Xinhua) – Beatrice Nassanga owns a chain of pharmacies in Kampala, Uganda’s capital. Over the years her clients have turned cashless and embraced the mobile money technology. When clients or patients turn up at … Continued
Nairobi – Kenya tops the list of African countries with ease of access to financial services — thanks to its high uptake of mobile money — placing the country ahead of economic giants such as South Africa, Nigeria and Ghana, … Continued
By Mohamed Dalmar Early in 2013, the new Somali government faced severe currency crisis caused by the sharp appreciation of Somali shilling against the U.S. dollar. I recall the criticism and the recrimination directed to the leaders of the new … Continued
By Edmund Blair ADDIS ABABA, Ethiopian banks and microfinance firms are launching mobile money services, helping reach swathes of the population that now have little access to branches or services, the mobile technology providers and banks said. The launch of … Continued
