Mobile Banking News

Africa: What the G20 Said on Africa


 | Source: All Africa

Excerpts most directly applicable to Africa drawn from the declaration of leaders of the G20 nations, issued after the leaders' summit in Hamburg on July 7 and 8

Zimbabwe: Zimpost Offers Low-Cost Money Transfer Service - Zipcash


 | Source: The Herald; All Africa

Zimpost offers a variety of financial services at all post offices nationwide. These range from mobile money transfer services to agency banking services.

Uganda: Agency Banking Will Deepen Financial Inclusion


 | 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


 | 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


 | 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


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


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


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


"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


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

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