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Mobile Phone Giant Tecno Wants a Piece of Kenya’s Booming Mobile Money Market

Transsion's Tecno brand is expanding its new mobile money service to Kenya this week. “The wallet has pilot launched in Nigeria in May, and roll-out to Kenya in middle of June," the company said in a statement. A mobile payment option from ...

Ethio Telecom Launches New Huawei-Powered Mobile Money Service

Ethiopian Prime Minister Abiy Ahmed oversaw the launch this week of Ethio Telecom's new mobile money service "Tele- Birr" which will be powered by technology from Chinese telecom equipment giant Huawei. Ethiopian officials have high expectations for Tele-Birr's future ...

Huawei Mobile Money is Quietly Becoming an Important Fintech Engine For Emerging Market Payment Platforms

Most of the discussion about Huawei in places like Africa or the Americas centers on the company's 5G technology that officials in the U.S., Europe, and some Asian countries believe presents a security threat. But the Shenzhen-based company isn't generating $137 billion in annual ...

Chinese Farmers Are Now Selling More Online. Can “E-Commerce for Agriculture” Also Work in Africa?

By Anna Baisch and Jade Scarfe, Research Analysts at Development Reimagined In China, e-commerce is everywhere. Walk down any street in a busy city and you come across “Kuaidi” drivers delivering parcels or advertisements for online “Taobao” shops. But beyond China’s ...