December e-Banking Africa Report

Posted on by wademinnie | 9626 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

Interview: Ugandan Techie Develops Mobile Money Transfer Service

Posted on by wademinnie | 11069 Views | 54 min read

Ugandan serial entrepreneur Teddy Ruge has launched a homegrown quick-pay service that targets the diaspora and aims to compete with industry giants such as Western Union and Moneygram. His project, Remit.ug, provides Ugandans living in the diaspora with the ability to send money to loved-ones using an African service, thus helping to boost the economy