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Kenya

Safaricom Launches M-Shwari – Offering Interest and Loans – On M-Pesa

From today, M-Pesa customers in Kenya will have access to interest bearing saving accounts and have the ability to take out small loans through a new service, called M-Shwari. This is the next step in the M-Pesa story of increasing further access to a wider range of financial services and is the result of a new strategic cooperation between Vodafone, Safaricom and the Commercial Bank of Africa (CBA).

GSMA and the Cherie Blair Foundation for Women Publish ‘Women & Mobile: A Global Opportunity’ Report

The GSMA and the Cherie Blair Foundation for Women, a charity that supports women entrepreneurs today published ‘Women and Mobile: A Global Opportunity’. The report, the first detailed global study of its kind, attempts to understand the nature of women mobile subscribers in low and middle-income countries such as Kenya and India, and highlights the barriers facing women’s adoption of mobile technologies.