We Must Break Money Transfer Monopolies in Africa, Says WorldRemit

Posted on by wademinnie | 11131 Views | 12 min read

Following today’s launch of the 2014 Africa Progress Panel report, Dr Ismail Ahmed, CEO of WorldRemit and former adviser to the United Nations, called for regulators around the world to take action against the anti-competitive business and lobbying practices of Western Union and MoneyGram. Dr Ahmed, an African himself, is a leading expert on remittances.

December e-Banking Africa Report

Posted on by wademinnie | 9365 Views | 10 min read

Online technology portal NUMERIS-MEDIA has released its e-Banking Africa report for December 2013, with a focus on payment cards and remittances. Says Anne Agbakoba, Editor & Chief Reasearch Officer at NUMERIS-MEDIA: “In 2010, 34 per cent (313 million) of Africa’s population was considered to be ‘middle class’, and this figure is projected to triple to