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Showing posts from December, 2020

Xoom, a PayPal service, launches secure money transfer service to mobile wallets in Kenya

Xoom, PayPal’s money transfer service, announced that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment This new service expands the company’s offering to send money to mobile wallets in Kenya, Cameroon, Ghana, Madagascar, Malawi, Mozambique, Rwanda, Tanzania, Uganda, Zambia, and Zimbabwe—with plans to include more markets in 2021.  Mobile money services are being deployed rapidly across emerging markets as a key tool to further the goal of financial inclusion. Financial inclusion is instrumental in lifting the undeserved population out of poverty—and for driving economic growth. In 2019, the number of globally registered mobile money accounts surpassed the one billion mark . In Ghana, Kenya and Zimbabwe, over 60 percent of adults have mobile money accounts. This new service expands Xoom’s offerings in Africa as the current service al

New collaboration will assist African national statistical offices with big data analytics

Global Voice Group (GVG), a leading regulatory technology developer and Big Data Analytics organisation, and the Global Partnership for Sustainable Development Data (GPSDD) have announced a partnership that will see GVG share their expertise in the analysis of big data with national statistical offices across Africa, to support sustainable development initiatives. This collaboration will help to promote the United Nations’ Sustainable Development Goals and strengthen GPSDD and the UN Economic Commission for Africa’s (UNECA) capacity building programme: COVID-19: Data for a Resilient Africa. "Sustainable development is integral, and even more so on the African continent. All governments are looking to grow their countries’ economies and ensuring better lives for all, but they remain cognizant that it must be done in a systematic manner. We are looking to support this by sharing our expertise in data analytics that will make their data actionable and support decision making while en