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M-Pesa
M-PESA (M for mobile, ''PESA'' is Swahili language, Swahili for money) is a mobile banking, mobile phone-based money transfer service, payments and Micro-finance, micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africa and Ethiopia. The rollouts in India, Romania, and Albania were terminated amid low market uptake. M-PESA allows users to deposit, withdraw, transfer money, pay for goods and services (''Lipa na M-PESA'', Swahili language, Swahili for "Pay with M-PESA"), access credit and savings, all with a mobile device. The service allows users to deposit money into an account stored on their cell phones, to send balances using Personal identification number, PIN-secured Short Message Service, SMS text messages to other users, including sellers of goods and services, and to redeem deposits for regular money. Users are cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safaricom
Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. It is the largest telecommunications provider in Kenya, and one of the most profitable companies in the East and Central Africa region. The company offers mobile telephony, mobile money transfer, consumer electronics, ecommerce, cloud computing, data, music streaming, and fibre optic services. It is most renowned as the home of M-PESA, a mobile banking SMS-based service. Safaricom controls approximately 65.7% percent of the Kenyan market as of 2024 with a subscriber base estimated at approximately 47 million.Sector Statistics Report 2019 go.ke In terms of voice market and SMS market share Safaricom controls 69.2% and 92.2% respectively. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
M-PESA Mobile Money And Equity Agent, Nairobi, Kenya
M-PESA (M for mobile, ''PESA'' is Swahili for money) is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africa and Ethiopia. The rollouts in India, Romania, and Albania were terminated amid low market uptake. M-PESA allows users to deposit, withdraw, transfer money, pay for goods and services (''Lipa na M-PESA'', Swahili for "Pay with M-PESA"), access credit and savings, all with a mobile device. The service allows users to deposit money into an account stored on their cell phones, to send balances using PIN-secured SMS text messages to other users, including sellers of goods and services, and to redeem deposits for regular money. Users are charged a fee for sending and withdrawing money using the service. M-PESA is a branchless banking service; M-PESA cust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenya
Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. Kenya's capital and largest city is Nairobi. Its second-largest and oldest city is Mombasa, a major port city located on Mombasa Island. Other major cities within the country include Kisumu, Nakuru & Eldoret. Going clockwise, Kenya is bordered by South Sudan to the northwest (though much of that border includes the disputed Ilemi Triangle), Ethiopia to the north, Somalia to the east, the Indian Ocean to the southeast, Tanzania to the southwest, and Lake Victoria and Uganda to the west. Kenya's geography, climate and population vary widely. In western, rift valley counties, the landscape includes cold, snow-capped mountaintops (such as Batian, Nelion and Point Lenana on Mount Kenya) with vast surrounding forests, wildlife and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vodafone
Vodafone Group Public Limited Company () is a British Multinational company, multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates Service (economics), services in Asia, Africa, Europe, and Oceania. , Vodafone owns and operates networks in 15 countries, with partner networks in 46 further countries. Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company has a secondary listing on the NASDAQ as American depositary receipts (ADRs). Name The name Vodafone comes from ''voice data fone'' (the latter a sensational spelling of "telephone, phone"), chosen by the company to "reflect the provision of voice and data services over mobile phones". History Racal Telecom: 1980 to 1991 In 1980, Ernest Harrison, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Identification Number
A personal identification number (PIN; sometimes RAS syndrome, redundantly a PIN code or PIN number) is a numeric (sometimes alpha-numeric) passcode used in the process of authenticating a user accessing a system. The PIN has been the key to facilitating the private data exchange between different data-processing centers in computer networks for financial institutions, governments, and enterprises. PINs may be used to authenticate banking systems with cardholders, governments with citizens, enterprises with employees, and computers with users, among other uses. In common usage, PINs are used in ATM or PO transactions, secure access control (e.g. computer access, door access, car access), internet transactions, or to log into a restricted website. History The PIN originated with the introduction of the automated teller machine (ATM) in 1967, as an efficient way for banks to dispense cash to their customers. The first ATM system was that of Barclays in London, in 1967; it accepted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commission For Africa
In-Commission or commissioning may refer to: Business and contracting * Commission (remuneration), a form of payment to an agent for services rendered ** Commission (art), the purchase or the creation of a piece of art most often on behalf of another * A contract for performance or creation of a specific work * Commissioning (other), a process or service provided to validate the completeness and accuracy of a project or venture Government Civil * A government agency, regulatory agency or statutory authority which operates under the authority of a board of commissioners, including: ** Independent agencies of the United States government *An executive branch of government, often with characteristics of other branches of government: ** Town commissioners, elected local government bodies established in urban areas in Ireland in the 19th century ** City commission, a form of local government (common in the United States) ** The European Commission, a body incorporating fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Botswana
The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6–7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Economy of Asia, Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves. Botswana's impressive economic record compared to some of its neighbors has been built on a foundation of List of diamond mines#Botswana, diamond mining, prudent fiscal policies, and a cautious foreign policy. Botswana's economy is mostly dependent o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commonwealth Telecommunications Organisation
The Commonwealth Telecommunications Organisation (CTO) traces to the British Empire's Pacific Cable Board in 1901, though in its current form, was created by international treaty, the ''Commonwealth Telegraphs Agreement'' between Commonwealth nations signed in London on 11 May 1948. The CTO connects government and non-government entities to enhance cooperation in information and communication technology (ICT). History To oversee the completion of the All Red Line telegraph system interlinking the British Empire, the Pacific Cable Board was formed in 1901. In the final years of the British Empire, with a number of states federated or close to independence, a treaty with clearer financial divisions, responsibilities, and governance was established that would eventually replace the Pacific Cable Board. The ''Commonwealth Telegraph Agreement'' was signed between Commonwealth nations in London, 1948 that formed the Commonwealth Telecommunications Organisation. Members The gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gamos (organisation)
Peter Douglas Dunn OBE (20 January 1927 – 7 March 2014) was a British engineer. After working at the Atomic Energy Research Establishment, Harwell and jointly holding numerous patents on heat pipes and associated technology with power stations, Prof Peter Dunn joined the Department of Applied Physics in 1964 and started the Department of Engineering at the University of Reading in 1968. As head of department, alongside his friend Dr E. F. Schumacher and through the Institute of Mechanical Engineers, Peter Dunn was on the first committees working with Intermediate Technology or Appropriate Technology. These committees led to the formation of the Intermediate Technology Development Group (now Practical Action). He encouraged the Departmental research group to contribute to the developing sectors of intermediate technology. Peter Dunn started the world's first Master of Science Degrees in Renewable Energy in 1977. The research group contributed to early UK work on win ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faulu Microfinance Bank Limited
Faulu Microfinance Bank Limited, commonly referred to as Faulu Kenya, is a microfinance bank based in Kenya. It is regulated by the Central Bank of Kenya. The word ''Faulu'' is Swahili for succeed. History Faulu Microfinance Bank is a limited liability company duly incorporated in Kenya under the Companies Act. The company changed its name to Faulu Kenya Deposit Taking Microfinance (DTM) Limited in 2008 as part of the requirements to obtain the Deposit Taking Licence from the Central Bank of Kenya. In May 2009, Faulu became the first registered DTM in Kenya under the Micro-Finance Act and is regulated by the CBK. The bank has grown from one MFI office in 1991 to over 90 service outlets which include 27 banking branches in seven of the eight provinces in Kenya by end of 2011. In April 2014, Old Mutual completed its acquisition of 67% of Faulu Kenya through a KSH 2 billion capital injection. The acquisition gave Old Mutual a greater market reach through thFaulu Kenyabranch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenyan Shilling
The shilling (; abbreviation: KSh; ISO 4217, ISO code: KES) is the currency of Kenya. It is divided into 100 cents. The Central Bank of Kenya Act cap 491, mandated the printing and minting of the Kenyan shilling currency. Notation Prices in the Kenyan shilling are written in the form of , where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "" and 100 shillings as "" or "100/". Sometimes the abbreviation ''KSh'' is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. KSh 10 million). This pattern was modelled on Pound sterling, sterling's Pound sterling#Pre-decimal, pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence. History The Kenyan shilling r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department For International Development
The Department for International Development (DFID) was a Departments of the Government of the United Kingdom, ministerial department of the government of the United Kingdom, from 1997 to 2020. It was responsible for administering foreign aid internationally. The DFID was founded by the UK government in 1997. The department was established by the Labour government under Prime Minister Tony Blair. The structure of the DFID was authored by various Developmental Aid Experts including Chris Collins, Barnaby Edwards Machteld, Nicolas Brown and Timothy Montague Hamilton Douglas. The goal of the department was "to promote sustainable development and eliminate world poverty". DFID was headed by the United Kingdom's Secretary of State for International Development. The position was last held by Anne-Marie Trevelyan, who assumed office on 13 February 2020 and served until the department was dissolved on 2 September 2020. In a 2010 report by the Development Assistance Committee, the depa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
