World Bank
1:50

US Dollar mobile wallets key to Ethiopia’s mobile money future

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.
1:50
May 20, 2021

Research shows Sub-Saharan Africa most expensive for remittances

World Bank and KNOMAD release report reflecting drop in remittance rate in 2020, but expectation of growth in 2021.
1:40
May 18, 2021

Surge in remittances as Africa’s battle with COVID-19 continues

There are now more digital channels offering remittance delivery straight into bank and mobile wallet accounts.
1:50
May 13, 2021

World Bank to invest US$200m in Ethiopia’s telecommunications

Financial institution calls for government to open industry up to competition.
1:40
Apr 26, 2021

Ethio Telecom launches TeleBirr mobile money service

Telco makes move to consolidate market dominance ahead of entry of new operators.
1:40
Mar 8, 2021

Ethiopia to implement US$200m digital project

Five-year project will create incentives for private operators to develop cell phone towers and provide mobile broadband coverage, among other objectives.
2:30
Feb 26, 2021

IFC subscribes to 16% of Liquid Telecom’s US$620m bond issue

Company is facing risks linked to regional uncertainty, but is on course for steady revenue performance says ratings agency Fitch.
2:00
Nov 18, 2020

World Bank vows to ‘keep the remittance lifeline flowing’

Organisation warns of a decline in remittances to Sub-Saharan Africa due to COVID-19.
2:10
Nov 16, 2020

Africa's internet economy to contribute US$180bn by 2025

Research identifies internet connectivity and Africa’s growing start-up ecosystem as key drivers.
2:00
Aug 28, 2020

Facebook creates multimillion-rand grant for SA small business

The social media giant says the grant will assist local companies with cashflow in an effort to stimulate the COVID-hit economy.
1:40

Zambia records 126% growth of mobile money payments

Central Bank governor outlines situation at launch of the Zambia digital economic diagnostic report.