What are Saving Groups in Sub-Saharan Africa?
In Africa, a saving group refers to a collective financial arrangement where individuals come together to pool their resources and save money collectively. These groups are commonly known by names...
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The Significance of Digitizing the Informal Space in Africa
Introduction: Understanding the Informal Space and its Importance in Africa In many countries around the world, the informal sector plays a significant role in their economies, often accounting for...
The Cooperative Movement: Driving Financial Inclusion in East Africa
Let me start by sharing an incredible fact: did you know that around 1.7 billion people worldwide don't have access to basic financial services? That's about one-third of the global population!
Still, peer-to-peer payments and cash-in-cash out are dominating the mobile money sector.
Africa accounts for 70% of the world’s $1 trillion mobile money value. Cash-in-cash-out and P2P payments account for the bulk of that value; for the numerous fintech targeting the African market,...
Wakandi takes home 2 of 3 prizes in the Mastercard event
With two out of three first prizes, we are happy with the event. Mastercard Lighthouse MASSIV