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Samia Suluhu Hassan has created history as she becomes the first female President of the United Republic of Tanzania. She was sworn in as the 6th President of Tanzania and the Head of State in the...
Access to banking services in Africa has improved significantly over the years. Digital transformation of financial services has enabled banks to reach wider audiences in many countries. People can...
Ever since the launch of M-Pesa by Safaricom in 2007, a wave of digital payments has risen in Africa. Over the years, Africa has become a global leader when it comes to mobile payments. According to...
When formal financial services reach people who have, for ages, used informal channels to manage their loans and savings, one of the essential features they bring is reliability. It plays an...
Sending and receiving money through mobile devices started in Tanzania back in 2008. Tanzania was one of Africa’s first countries (with Kenya) to launch mobile money services in Africa. With six...
Africa is a hotbed for technological development and innovation. Africa has some of the fastest-growing industries across the globe. Businesses in every region of the continent are collaborating and...
Tanzania has proven to have an appetite for digital payment, primarily through mobile. The mobile money penetration reached 53% with more than 29M mobile money subscriptions in the year 2020. The...
“Mobile money accounts now surpass bank accounts in Sub-Saharan Africa, and greater financial inclusion has benefited large swathes of the population.” – International Monetary Fund (IMF) While...
COVID-19 (coronavirus) has hit Africa at the time when it was experiencing adequate economic growth. Although the continent has managed to keep the pandemic under control with relatively low cases,...
Adoption of mobile money has seen significant growth around the world. Africa is witnessing the most growth among all regions, with a CAGR of 37% since 2014. Mobile money transactions have already...
