Tag: Mobile
-
Promoting Financial Inclusion in Sub-Saharan Africa: Closing the Gap for Economic Empowerment
Financial inclusion is a crucial driver of economic development and poverty reduction. In Sub-Saharan Africa, where a significant portion of the population remains unbanked or underserved by formal financial services, efforts to promote financial inclusion have gained momentum. This post explores the importance of financial inclusion in Sub-Saharan Africa, identifies key challenges, and highlights strategies…
-
Are consumers are being overcharged for roaming?
Consumers are often overcharged for roaming services because of the complex and sometimes opaque pricing structures that are in place. Roaming charges are set by mobile network operators (MNOs), and they can vary widely depending on the country being visited, the type of services used, and the duration of the trip. Unfortunately, these charges are…
-
Crypto in Africa
Cryptocurrency has been gaining popularity in Africa, with many countries exploring the potential benefits and drawbacks of digital currencies. Some of the main drivers of crypto adoption in Africa include the lack of access to traditional financial services, high levels of inflation, and the increasing penetration of mobile devices and internet connectivity. One of the…
-
Connectivity in Africa
Connectivity on the African continent has been a major challenge in recent decades, with many regions facing limited access to high-speed internet, telecommunication services, and other forms of digital connectivity. Despite recent advances in technology and infrastructure, many parts of Africa still lag behind other regions of the world in terms of internet penetration and…
-
Assessing the Potential for a New Telco in Ghana
The telecommunications industry in Ghana has experienced significant growth and development over the past decade, with several established players dominating the market. However, given the increasing demand for telecom services and the evolving technological landscape, the question arises: Is there room for a new telco in Ghana? This article will explore the potential opportunities and…
-
Kenya – Financial inclusion
Financial inclusion refers to the availability and accessibility of financial services and products to people who are unbanked or underbanked. In Kenya, financial inclusion has been a major focus in recent years, driven by the government and various private sector players. One of the main drivers of financial inclusion in Kenya has been the growth…
-
Mobile penetration across the continent
Mobile phone penetration in Africa has grown significantly over the past two decades, transforming the continent’s social, economic, and political landscape. According to the World Bank, as of 2021, there were over 730 million mobile phone subscribers in Africa, representing a mobile phone penetration rate of around 70%. This growth in mobile phone usage has…
-
The growth of the MNC’s in Africa
The growth of multinational corporations (MNCs) entering Africa has been significant in recent years, driven by the continent’s growing population, increasing urbanization, and the expanding middle class. MNCs see Africa as a new frontier for growth, with vast untapped potential in markets such as consumer goods, telecommunications, and financial services. Africa’s favorable demographics and economic…
-
Crypto – the new mobile money?
Crypto and mobile money are not synonymous. While both crypto and mobile money are forms of digital currency, they differ in several important ways. Mobile money refers to a type of digital payment system that allows users to transfer funds and make payments using their mobile phone. This can include services like M-Pesa, which are…