‘Africa’

Mobile phones have transformed life in Africa

Africa claims to be the “mobile phone continent” of the world. More than half of the population owns a mobile phone, while landline telephones have rarely existed on the continent. It’s estimated than just two per cent of all Africans have a landline, while in the US, 60 per cent are still connected to a […]

Battle between Africa’s mobile phone companies and banks is a boon for financial inclusion

A battle for supremacy New mobile products coming into the market promise to deepen financial inclusion even further. Equity Bank are introducing Equitel, its telecoms unit, that will allow customers to access credit loans, perform cross border money transfers and send and receive money from other commercial banks, reports Reuters. Equity is one of the […]

Africa Leads in Mobile Money Transfer Services

Africa is the leading market for mobile money transfer services, according to new data from Juniper Research. The new research, “Mobile Money Transfer & Remittance: Domestic & International Markets 2015–2020,” pointed to Africa as the leading market. Several African mobile operators such as Vodacom Tanzania and MTN Uganda are now generating more than 10 percent […]

Africa the Internet progress frontier

David Meads President of Cisco Africa, explains that many African cities have been able to bypass fixed-line phone networks and go straight to mobile and wireless services. According to Meads, Africa boasts the fastest mobile subscriber growth in the world, with the average subscription rate at 72% and expected to reach 97% by 2017. This […]