Monthly Archives: September 2014

WSJ: Mobile Money – the battle for Africa

The Wall Street Journal article describes how mobile phone payments grow in Africa and how operators are rushing to get a piece of the often very lucrative pie. The GSMA reports 219 mobile money deployments worldwide of which 52% are … Continue reading

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More Kinshasa in tunes..

It has always been very exciting to talk about music in the DRC. Congolese music is famous around Africa. However, in my blog from 2008 “Kinshasa in tunes…” , I was writing more about sounds you find on the streets, … Continue reading

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Africa´s largest financial inclusion programme creates suspicion

On August 28, 2014, the pilot programme of the MasterCard-branded National eID card was launched in the Nigerian capital, Abuja. In the pilot phase, the National Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to … Continue reading

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Is ProCredit exiting Africa?

ProCredit Holding, one of the most successful and most structured greenfield holdings, seems to become used to exiting its African affiliates. They have been courted with equity and technical assistance from a range of development finance institutions (DFIs) including KFW, … Continue reading

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Mobile Money in the DRCongo – a nut to crack for MNOs

The GSM Association launched a study in July 2013 as part of its Mobile Money for the Unbanked (MMU) programme. According to the study, DRC is one of the most promising mobile money markets in Sub-Saharan Africa due to an … Continue reading

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Microfinance and educational credit: A promising alliance?

This was the title of yesterday´s event in the House of Microfinance in Luxembourg. Since LMDF invests in the Higher Eduction Finance Fund (HEFF) and the board meeting was held yesterday, LMDF proposed a brief session to introduce HEFF to … Continue reading

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