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Mobile money continues to grow in Kenya, research shows economic importance

Published 30 Jan 2017 09:43 CET | Kenya

According to the latest statistics about the Kenyan communications sector, mobile money transfer subscriptions rose from 28.7 million at the end of September 2015 to 31.0 ...

Mobile payments and water dispensing – a useful combination in Kenya

Published 10 Oct 2016 14:02 CET | Kenya

In the summer of 2015 Kenya introduced water dispensers in the slums of its capital Nairobi. About a year later cooperation between dispenser manufacturer Grundfos and ...

Frost and Sullivan: mobile money to help increase financial inclusion in Sub-Saharan Africa

Published 23 Jan 2015 15:34 CET | Cote d'Ivoire, Ghana, Kenya, Tanzania, United Republic of, Zambia, Zimbabwe

According to Frost and Sullivan's report on Mobile Money in Suh-Saharan Africa, mobile money is expected to transform the financial landscape, as it has proven easier for ...

Safaricom expands the functionalities of its mobile financial products

Published 09 Jan 2015 08:58 CET | Kenya

In the last few months Safaricom has added functionalities to its various mobile financial products. Its expanding portfolio of mobile financial services shows that mobile ...

Kenya regulator to decide over new m-payment solution

Published 29 Aug 2014 10:37 CET | Kenya

Equity Bank, the largest bank in Kenya, has announced mobile financial services to compete with M-Pesa. The bank will launch an MVNO and intends to supply Overlay SIM cards ...

Kenyan mobile money market heating up with entry of MVNOs

Published 27 Jul 2014 23:23 CET | Kenya

Allowing MVNOs in the market could have a significant impact on the Kenyan mobile money market as the companies granted MVNO licences are all planning to offer mobile money ...

Mobile money seeds innovation in commodities markets

Published 24 Oct 2013 10:17 CET | Kenya

Kenyan operator Safaricom's M-Pesa Foundation and local agricultural software company M-Farm have formed a partnership to enable farmers to access price information for their ...

Kenya: mobile payments also helping to provide healthcare to low-income people

Published 22 Aug 2013 13:31 CET | Kenya

In Kenya M-Pesa has gone further to improve the lives of poor people by teaming up with Changamka Micro Health Limited to offer those without medical insurance access to ...

How mobile money can help bring insurance to the poor

Published 08 Aug 2012 14:38 CET | Kenya, World

The GSMA Mobile Money for the Unbanked (MMU) programme has recently released a new report on emerging practices in mobile microinsurance, and how mobile money can be an ...

Vodafone continues its M-Pesa expansion, now trialling in India

Published 25 Nov 2010 12:08 CET | Afghanistan, India, Kenya, South Africa, Tanzania, United Republic of

Vodafone has launched an M-Pesa trial in India, in cooperation with HDFC bank. The pilot is running in ten villages in the region of Rajasthan. ...

Banks versus mobile operators: the dilemma of mobile payments?

Published 28 Oct 2010 09:48 CET | Europe, India, Kenya, World

Solving interoperability issues and developing a regulatory framework are essential for the development of m-payment in Europe, was the general opinion at a Swift Conference ...

Maintaining momentum in mobile money: spend first

Published 21 Oct 2010 11:08 CET | Kenya, World

Mobile payment deployments need to reach sufficient scale quickly in order to be successful. Or else the 'sub scale trap' looms, write Ignacio Mas and Dan Radcliffe in a new ...

GSMA broadens Mobile Money Programme

Published 27 May 2010 09:58 CET | Afghanistan, Bangladesh, Cambodia, Chad, Congo, Cote d'Ivoire, Fiji, Ghana, India, Kenya, Madagascar, Mali, Mauritius, Pakistan, Philippines, Senegal, Sierra Leone, Sri Lanka, Tanzania, United Republic of, Uganda

During the Mobile Money Summit in Rio de Janeiro (24-26 May) the GSM Association announced the details of a further seven grantees from the Mobile Money for the Unbanked ...

M-Pesa moves into the 'real' banking business

Published 20 May 2010 12:06 CET | Kenya

Safaricom has recently announced a deal with Equity Bank to link its M-Pesa service with an Equity Bank account. The product is called M-Kesho and it does not only bring the ...

Kenyan mobile money landscape changes shape

Published 05 Feb 2010 13:19 CET | Kenya

The Kenyan mobile money sector has recently seen new services being launched by the two main parties, M-Pesa and Zap, as well as the scheduled and announced entry by the two ...

Zain's mobile commerce service Zap expands further into Africa

Published 14 Jan 2010 14:34 CET | Africa, Kenya, Malawi, Niger, Sierra Leone, Tanzania, United Republic of, Uganda

Kuwaiti based mobile operator Zain has expanded its mobile commerce service Zap in Sub Saharan Africa from three to six countries. Recently added were services in Niger, ...

Study on the usage of mobile financial services in Kenya.

Published 16 Sep 2009 10:58 CET | Kenya

CGAP has published a brief on one of the first studies which researched the usage of mobile financial services offered by M-PESA in two locations in Kenya, as well as the ...


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