Posts Tagged ‘m-pesa’

Mark Mobius: The role of technology in accelerating emerging markets’ growth

Technology is linking potential customers to markets at a rate that would have seemed impossible even a decade ago

How Esther Muchemi’s early bet on the growth of mobile telecoms paid off

Esther Muchemi, CEO of Samchi Group, sees opportunity where others see challenges.

Africa’s M-Pesa mobile payment method debuts in Romania

In a trend reversal, African technology has migrated to Europe.

The cost for banks that ignore mobile wallets would be severe

Banks that don’t connect their clients to mobile wallets risk becoming increasingly irrelevant.

Can Silicon Savannah’s software success be replicated in hardware?

While Kenya made its name in software, a handful of entrepreneurs are now taking the leap into developing hardware.

Has Africa lost its place at the head of the mobile payments innovation race?

From the moment M-Pesa launched in Kenya in 2007, Africa was heralded as the leader in mobile payment services.

Internet access is no longer a luxury across Africa

Fibre-optic internet cables could leap-frog Africa into the future.

Sub-Saharan Africa: A major potential revenue opportunity for digital payments

Sub-Saharan Africa offers tantalising potential for mobile financial services, but as yet there have been few success stories.

Consumer preferences in Africa a stew of nuance and complexity

“Companies that fail to dig deep into the consumer psyche in African markets before making a move are bound to fail.”

Mobile money: The best route to the African consumer

With unbanked and rural populations, mobile commerce is a good way to reach African consumers.

Understanding local payment methods is the key to African e-commerce success

Nigeria’s Interswitch Verve and M-Pesa in Kenya are mobile payment systems online merchants need to know how to use.

Kenyan startup offers buyers credit for a solar power system via mobile technology

M-KOPA enables low income households to buy a d.light solar home system on an instalment basis.

‘A business needs to grow step by step,’ says Kenyan tech entrepreneur

“A lot of entrepreneurs are losing focus and directing their energies towards getting funding from venture capitalists.”

M-Pesa expands services and could appeal more to cashless societies

Safaricom has ventured into the restaurant business by launching an M-Pesa payments platform for restaurant bills.

Can East Africa build another M-Pesa?

“Many of these startups will fail and that will not be a bad thing because with it will come learning. Even M-Pesa did not become a success overnight.”