Africa is getting its own version of Amazon. Or at least, Nairobi, Kenya, is, with potential to one day see this marketplace representing all major cities across Africa. The software-as-a-service (SaaS) eCommerce platform is called Sky.Garden, and merchants use its virtual shelves to peddle everything...
There are only a few things that most people can agree on these days, notes Mastercard. One of them is that too many people in the world are denied access to banking and financial services of any kind. The second? That this lack of financial...
The $64 billion P2P global market has many worthy players, but many of those who are making a dent in the financial inclusion arena are in Africa and Asia. Data reveal that in most Sub-Saharan African countries, most associate banking only with their phones. Clearly,...
Which end of a global remittance transaction — the sender or the recipient — should be the top priority if the focus is to improve financial inclusion? Nirnay Sinha, Global VP for Mobile & Emerging Payments at Mozido, tells MPD CEO Karen Webster that the...
January 03, 2018
It looks like Safaricom will survive as a single business — Kenya’s telecom regulator has reportedly backed off a plan that would have seen the firm’s financial services and telecommunications functions divided off from each other. The move has been considered due to Safaricom’s massive size at present. The move was also the recommendation of […]
April 22, 2015
The two biggest mobile money operators in East Africa have joined forces. Yesterday (April 21), Vodafone M-Pesa and MTN Mobile Money announced an agreement to interconnect their mobile money services,...
