Mobile Banking News

Uganda: Agency Banking Will Deepen Financial Inclusion

27.06.2017

 | Source: The Observer; All Africa

Agency Banking is one of the new provisions of the Financial Institutions (Amendment) Act 2016 and will be a key driver of increasing financial inclusion in Uganda.

Rwanda: RAB, BK Techouse Sign Agreement to Streamline Agriculture Inputs Distribution

30.05.2017

 | Source: The New Times; All Africa

Rwanda Agriculture Board (RAB) and BK TecHouse, a subsidiary of Bank of Kigali, plan to digitize management of the supply chain of the national farmer subsidy programme, in order to improve access to agro credit for farmers and to facilitate activities of agricultural input dealers.

Rwanda: Govt Looking to Scale Up Financial Inclusion Next Fiscal Year - Officials

12.05.2017

 | Source: The New Times: All Africa

Officials from the ministry said that most of their efforts in the upcoming financial year will be geared towards promoting financial inclusion to increase the number of the banked population in the country.

Liberia: Teachers in Gbarpolu to receive salary via mobile money

18.04.2017

Over two hundred teachers of the Ministry of Education (MoE) assigned in Gbarpolu County, will as of this April, receive their monthly salary allotment through mobile money, the Daily Observer has gathered.

Tanzania: Mobile money transfers account for 47% of GDP

17.04.2017

Within a decade, mobile money exceeded the small network laid by banks to extend financial services to the vast majority of poor Tanzanians.

Kenya: M-Akiba bond surpasses target of 5,000 buyers

06.04.2017

Purchases from investors ranged from Sh3,000 to Sh1.13 million, indicating that the sales were dominated by big buyers

Agric Bank launches first mobile banking solution in Mali

31.03.2017

"BNDA Mobile" is the first mobile solution in Mali that allows customers to carry out mobile banking operations.

Accion, Quona Capital extend $141million for fintech innovations to Sub Saharan Africa

29.03.2017

The fund will follow fintech innovations aimed at enhancing access to financial services

Kenyans in diaspora are the biggest senders of mobile to mobile remittances, says WorldRemit

28.03.2017

According to WorldRemit, mobile to mobile remittances accounts for 93 percent of WorldRemit transactions to Kenya

Kenya sells bond over mobile phones

24.03.2017

The bond can be bought via mobile phones and offers a higher interest rate than offered by commercial banks.

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