Mobile Money – Sector.Africa

Kenya-based credit data marketplace CARMA indications agreement for preliminary rollout in Zambia

August 3, 2020August 31, 2020 Sector.Africa AdministratorAfrica, Anyi, Companies, Infrastructure, Kenya, Marketplace, Mobile, Mobile Money, Nairobi, Organizations, Over, Pandemic, Startup, UN, who, Zambia

Kenya-based credit information marketplace CARMA, which provides loaning companies with access to real-time credit information on a peer-to-peer basis through a pay-as-you-go service, has signed an arrangement for an initial launch in Zambia ahead of a full continental rollout. Describes itself as the world’s first credit data market, dealing with the space in markets underserved by credit bureaus by offering lending companies with access to important information to facilitate loaning. Though headquartered in Nairobi, the startup’s initial launch will occur in Zambia, where it has actually signed a contract with…

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MTN Uganda to Support 5 Dreamers in their For Good Campaign

July 14, 2020 Sector.Africa AdministratorAfrica, Brand, Business, Companies, Dream, IG, Life, Marketing, Mobile Money, Money, MTN Group, MTN Uganda, project, SEED, Sport, Test, UN, Youth0 comment

MTN Uganda early this year called on the general public primarily the youth to participate in its “What’s Next– For Good campaign” where they submit a one minute video pitching their dreams. The submissions sent out through went through a public vote and the top five videos with the greatest votes have now been stated winners.Douglas Smith polled the highest public votes beating over 100 other participants to emerge winner in the inaugural campaign. Douglas founded Sportrise; a regional company that is utilizing plastics to make soccer balls. The 4…

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Mobile Cash Market Continues To Grow in Kenya, M-Pesa Nears 99 percent Market Share

July 13, 2020August 31, 2020 Sector.Africa AdministratorAirtel, B2B, Brand, Business, Communication, Financial inclusion, Government, Interest, Kenya, Lion, M-Pesa, Marketplace, Membership, Mobile, Mobile Money, UN

The Kenya n mobile cash market plays a basic role in the nation’s objective to financial inclusion. The market has actually been growing and still is according to the current Sector Data report from the Communications Authority of Kenya. Under the third quarter of the FY 2019/20(Jan-March 2020 ), the number of registered active mobile money memberships in Kenya stood at 29.1 million. An increase from 28.9 million registered in the duration ended December 2019. As usual, M-Pesa continues to lead the marketplace, currently holding a 98.8 percent market share,…

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Students donate pints of blood to support MTN “Save a Life” campaign

February 27, 2020February 27, 2020 Sector.Africa AdministratorA.I, Bank, Blood donation, Communication, Ghana, Glycol nucleic acid, GNA, Government, High School, Interest, Life, Mobile Money, MTN., students, Sunyani, Valentine0 comment

Students of the Sunyani Senior High School (SHS) last weekend, rushed to participate in a blood donation exercise, organised by MTN Ghana, a mobile telecommunication service provider to mark this year’s Valentine’s Day celebration. But to their surprise most of them were denied the opportunity to show their love by donating pints of blood because they were below 17 years and or weighed less than 50 kilogrammes. The Ghana News Agency (GNA) learnt the interest of the students to participate in this year’s MTN “Save a Life” blood donation exercise…