En 2007, Le principal opérateur de téléphonie mobile kenyan SAFARICOM lançait M-Pesa, son portemonnaie électronique, marquant l’avènement des services financiers numériques / mobiles en Afrique, le premier pas du continent en direction de M-Dorado, ce paradis des services financiers digitaux. Dix ans après, quel chemin parcouru ?
As you leave Kampala and its busy streets, you head into rural Uganda where you exchange small shops and boda-bodas for coffee, maize, goats and chickens. More than 80% of the population lives here, and agriculture and its large cohort of smallholder farmers account for 23% of Uganda’s GDP.
The Ministry of Finance, Economic Planning and Development, in collaboration with the United Nations Capital Development Fund’s MM4P programme, the Better Than Cash Alliance and the United States Agency for International Development (USAID), is pleased to inform the general public that it will launch the Malawi Government Payments Roadmap on Thursday, 30th March 2017 at Umodzi Park, Bingu International Convention Centre (BICC) in Lilongwe.
Lao PDR is a greenfield environment when it comes to mobile money. Some mobile banking initiatives have been implemented, but there are no mobile money wallets as such – yet! UNCDF has been supporting Star Telecom (Unitel), a mobile network operator in its efforts to launch the first ever mobile money wallet in the country.
Human Centered Design (HCD) is providing South Pacific financial service providers with new motivation and tools to tackle the problems that have frustrated their initial attempts at mass market finance.
This last post wraps up the discussion of the digitization of social security allowances (SSAs) in Nepal. It takes stock of the main insights of the pilot project and sketches a strategy to scale up the alternative payment method, so far tested in three districts on full scale, across the country.
Coffee is Uganda’s top-earning export crop. Most importantly, it is estimated that approximately 20 percent of the entire population earn their cash income from coffee.
Have you ever heard of M-dorado? The all-digital heaven, where digital financial service (DFS) transform - improve- people’s lives, make it easier and more affordable to do business, enhance transparency and defy corruption and bad governance. Without jumping the gun, you can say Africa is well on its way to M-dorado. Take Kenya: in 2015, over 15 million M-Pesa mobile money accounts were active and over 58% of the country’s adult population used a digital wallet. At the same time, more than 43 % of Kenya’s GDP was actually transacted via Safaricom’s M-Pesa.
The previous post described the current method of payment of social security allowance (SSA) in Nepal and highlighted its perks and drawbacks. This new episode presents a pilot project to digitise SSA payments and discusses a few preliminary insights, ahead of drawing a full lesson in the next post.
In the Joe Bar Market on the Old Road, the stalls follow one another neatly, displaying local delicacies like colorful embroidery on rotting-wood-plank canvas.
If you have been there this year and you had to think of a color associated to this place, your mind would probably respond yellow without hesitation. Yellow has become the dominant color in the market since market women started accepting mobile money.
This is the outcome the “MoMo Angel Campaign” pilot launched by Lonestar Cell MTN to recruit and train women as agents and merchants in the marketplace.