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/ 23 January 2008

A bank in every African pocket?

With most formal banks inaccessible to many Africans, the service of cellphone banking is expanding to the poor on the continent. Mary Kimani examines how financial institutions are extending their services through the ubiquitous usage of cellphones in rural areas.

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/ 29 October 2007

Cellphone operators plan $50bn investment in Africa

The cellphone industry plans to invest more than $50-billion in sub-Saharan Africa over the next five years to provide more than 90% of the population with coverage, the GSM Association announced on Monday. The investment will be used to extend the reach of GSM mobile networks and to provide a rich suite of mobile multimedia services, including internet access.