The Rise of Mobile Money: Enabling the Youth’s access to Financial Services
The young population in Africa are less likely to have a bank account compared to adults on the continent. At the same time, they are more prone to mobile phone, always trying out new things and be knowledgeable of the various digital channels that we have nowadays....
Banks in Sub Saharan Africa Collaborating with Fintech Firms
Fintechs have had a significant impact on the banking industry across the world and has been considered to be one of the strengths for the banks. Fintechs have been known for its innovative and customer friendly solutions and the level of flexibility that the...
Microfinance: Empowering Women Entrepreneur
Women play a crucial role in the economic development of their families and many of them turn to be an entrepreneur for support in the times of financial hardships. However, negative factors such as poverty, unemployment, low income and societal discriminations...
Microfinance’s role in Africa’s development
Approximately about 40 % of Africa’s population still lives under the poverty line. However, despite Africa has witnessed a rise in its economic growth; the rate of poverty reduction has still remained the same. The majority of people who are living in poverty are...
Robotics Process Automation in Lending Industry
Digital Transformation has always influenced the banking industry in a big way. It is evident from a recent survey - IDC Financial Insights that 1/3 of the IT budget in most of the banks are dedicated in achieving digital transformation in the coming years. Technology...
