Mobile cash transfers help fight drought in Zimbabwe

By Farai Matebvu [MUTARE, ZIMBABWE] A new mobile phone technology that enables cash transfers on a large-scale has helped vulnerable households tackle drought, poverty and hunger in Zimbabwe, a report says. The cash transfer programme, which involved the provision of cash or vouchers through mobile phones, was implemented in the country from August 2015 to …

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The mobile phone is an anti-poverty device

by Robert Colvile Imagine that you don’t have a bank account. Imagine how hard it would be to get through your life without being able to pay for goods with a tap or swipe of a card. Without your rent payments or Netflix subscription coming out of your account all by themselves, or your salary …

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Nigeria is Following Venezuela’s Bitcoin Trend

by Iyke Aru The ability of Bitcoin to resist inflation, its characteristic independence towards government legislation among several other qualities, makes it an automatic safe haven for embattled economies. On Monday, Feb. 6, 2017, youths across different cities of Nigeria took to the streets to protest against the leadership of the nation. One of the major …

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Insights into the benefits of mobile money in Kenya

Sarah Logan, International Growth Centre A recently published study on the long-run effects of mobile money on economic outcomes in Kenya provides some valuable insights that will benefit economic development and financial inclusion policies across Africa. The study found that increased access to mobile money has reduced poverty in Kenya, particularly among female-headed households. Rapid …

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South Africa Loves Bitcoin

by Hank Rearden Werner van Rooyen, head of Business Development and Growth at Bitx, the biggest Bitcoin exchange in South Africa in terms of user base and average trading volume, speaks with Cointelegraph about the penetration of Bitcoin in South Africa. Cointelegraph: How would you evaluate Bitcoin demand in South Africa? Werner van Rooyen: The demand …

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