A skills perspective on the adoption and use of mobile money services in Uganda

2018 ◽  
Vol 35 (5) ◽  
pp. 724-738 ◽  
Author(s):  
Rebecca I Kiconco ◽  
Gerrit Rooks ◽  
Giacomo Solano ◽  
Uwe Matzat
Keyword(s):  
Mobile Phone ◽  
Financial Services ◽  
Adult Population ◽  
The Other ◽  
Sub Saharan Africa ◽  
Cognitive Resources ◽  
Mobile Money ◽  
Mobile Financial Services ◽  
Sub Saharan ◽  
English Literacy

Adoption rates of mobile financial services within sub-Saharan Africa still appear to be below par. The 2016 Groupe Spéciale Mobile Association report shows that over 60 per cent of the adult population in sub- Saharan Africa do not use mobile financial services. We investigate how cognitive resources, namely, mobile phone skills and English literacy, influence the use of mobile financial services. We test our hypotheses using a sample of 208 individuals from an urban location in Central Uganda. We measure actual mobile phone skill using a newly developed scale. The results show that a marginal increase in mobile phone skills has a strong effect on the odds of adopting mobile money, but a less strong effect on the extent to which the functionalities of the mobile money application are used. On the other hand, English literacy has no influence on both adoption and the magnitude of services individuals use.

scholarly journals Mobile Money Platform Surveillance

2019 ◽  
Vol 17 (1/2) ◽  
pp. 213-222 ◽  
Author(s):  
Aaron Martin
Keyword(s):  
Financial Services ◽  
Service Providers ◽  
Regulatory Compliance ◽  
Sub Saharan Africa ◽  
Significant Feature ◽  
Mobile Money ◽  
Large Numbers ◽  
Sub Saharan ◽  
Reported Data ◽  
Basic Level

Drawing on evidence from Sub-Saharan Africa, this paper explores the various forms of surveillance present on mobile money platforms. At the most basic level, mobile money is the provision of financial services through a mobile device. Over the past decade, these platforms have witnessed astonishing rates of adoption in Kenya, Tanzania, Uganda, Ghana, and elsewhere. While some authors have praised the transformative potential of mobile money, particularly in parts of the world in which large numbers of people remain “unbanked,” more critical voices have expressed concerns about the economic risks and regulatory challenges associated with mobile money. This article focuses on an underexplored but nevertheless significant feature of mobile money platforms: the ways in which they facilitate surveillance by service providers and government authorities. Relatively established forms of surveillance include mandates for identifying customers prior to service provision. I also discuss the monitoring of mobile money agents, who receive a commission for turning cash into electronic value (and vice versa). Well-established mobile money providers are said to operate in-house “bank-grade” monitoring systems to identify suspicious transactions and comply with anti-money laundering regulations. Government agencies are also implementing bespoke monitoring solutions in countries where authorities, distrustful of mobile money providers’ self-reported data, seek to more stringently enforce regulatory compliance while also maximizing tax revenues from mobile money transactions. An analysis of these different forms of surveillance reveals their multipurpose and multi-scalar nature. I argue that the impacts of mobile money platform surveillance need to be better understood, particularly from a financial inclusion perspective.

Mobile money services will expand in East Africa

2016 ◽  
Keyword(s):  
East Africa ◽  
Financial Services ◽  
Service Providers ◽  
Sub Saharan Africa ◽  
Content Type ◽  
Mobile Money ◽  
Record Keeping ◽  
Telecommunication Companies ◽  
New Entrants ◽  
Sub Saharan

Significance The carrier's performance was driven in part by a 34% increase in revenue from M-Pesa, its mobile money service. Among regions, sub-Saharan Africa (SSA) has the most active mobile money users. Impacts Increased transactions on mobile money platforms will offer improved record keeping for tax collectors. Telecommunication companies will play a greater role in financial services, diversifying the market. As the largest service providers grow, new entrants will emerge with greater innovation in niche products.

Africa's mobile-money providers face new challenges

2015 ◽  
Keyword(s):  
Financial Services ◽  
Mobile Network ◽  
Market Potential ◽  
Sub Saharan Africa ◽  
Content Type ◽  
International Money ◽  
Mobile Financial Services ◽  
Money Transfer ◽  
Sub Saharan ◽  
Money Transfers

Subject Mobile financial services in sub-Saharan Africa. Significance The surge in mobile financial services use in sub-Saharan Africa (SSA) provides opportunities for mobile network operators (MNOs), banks and other industries that can benefit from the data generated by these services. However, as demand for the sub-sector grows, providers will need to face the challenges of scaling up. Impacts Terrorism and money laundering fears hinder international money transfers to jurisdictions like Somalia. Compliance costs with due-diligence procedures are often not justified by the modest profits on offer from niche money transfer providers. However, such restrictions have a limited effect on the Africa-wide mobile transfer market potential.

scholarly journals Financial Inclusion, Income Inequality and Sustainable Economic Growth in Sub-Saharan African Countries

2021 ◽  
Vol 13 (4) ◽  
pp. 1780
Author(s):  
Chima M. Menyelim ◽  
Abiola A. Babajide ◽  
Alexander E. Omankhanlen ◽  
Benjamin I. Ehikioya
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Financial Services ◽  
Sub Saharan Africa ◽  
Kuznets Curve ◽  
African Countries ◽  
Financial Access ◽  
Sub Saharan ◽  
Sustainable Economic Growth ◽  
The Impact

This study evaluates the relevance of inclusive financial access in moderating the effect of income inequality on economic growth in 48 countries in Sub-Saharan Africa (SSA) for the period 1995 to 2017. The findings using the Generalised Method of Moments (sys-GMM) technique show that inclusive financial access contributes to reducing inequality in the short run, contrary to the Kuznets curve. The result reveals a negative effect of financial access on the relationship between income inequality and economic growth. There is a positive net effect of inclusive financial access in moderating the impact of income inequality on economic growth. Given the need to achieve the Sustainable Development Targets in the sub-region, policymakers and other stakeholders of the economy must design policies and programmes that would enhance access to financial services as an essential mechanism to reduce income disparity and enhance sustainable economic growth.

Information technology and insurance development in Sub-Saharan Africa

2021 ◽  
pp. 026666692110289
Author(s):  
Taiwo Akinlo
Keyword(s):  
Information Technology ◽  
Mobile Phone ◽  
Life Insurance ◽  
Sub Saharan Africa ◽  
Method Of Moment ◽  
African Countries ◽  
Insurance Premiums ◽  
Negative Effect ◽  
Sub Saharan ◽  
Insurance Development

The study examined the relationship between information technology and insurance development in 40 sub-Saharan African countries during the period 2000-2017. The study employed System Generalised Method of Moment for the estimations. Life insurance premiums, non-life insurance premiums and total insurance premiums are used to measure life insurance, non-life insurance and total insurance, respectively. The information technology is measured by mobile phone, fixed telephone and Internet penetrations. The study found that the Internet promotes non-life insurance while its effect on life and total insurance is insignificant. The mobile phone produced a negative effect on life insurance, non-life insurance and total insurance. However, fixed telephone significantly contributed to life insurance, non-life insurance and total insurance. Based on these findings, there is a need for insurers to encourage their client to use information technology tools for insurance activities and also increase their interaction with their customers.

scholarly journals Quantifying the Impact of Accessibility on Preventive Healthcare in Sub-Saharan Africa Using Mobile Phone Data

Epidemiology ◽  
2015 ◽  
Vol 26 (2) ◽  
pp. 223-228 ◽  
Author(s):  
Amy Wesolowski ◽  
Wendy Prudhomme O’Meara ◽  
Andrew J. Tatem ◽  
Samson Ndege ◽  
Nathan Eagle ◽  
...  
Keyword(s):  
Mobile Phone ◽  
Sub Saharan Africa ◽  
Mobile Phone Data ◽  
Preventive Healthcare ◽  
Sub Saharan ◽  
The Impact

scholarly journals The mobile phone technology, gender inclusive education and public accountability in Sub-Saharan Africa

2021 ◽  
Vol 45 (4) ◽  
pp. 102108
Author(s):  
Simplice A. Asongu ◽  
Alex Adegboye ◽  
Jeremiah Ejemeyovwi ◽  
Olaoluwa Umukoro
Keyword(s):  
Mobile Phone ◽  
Inclusive Education ◽  
Sub Saharan Africa ◽  
Public Accountability ◽  
Mobile Phone Technology ◽  
Sub Saharan

scholarly journals The toll of COVID-19 on African children: A descriptive analysis on the COVID-19-related morbidity and mortality among the pediatric population in Sub-Saharan Africa

2021 ◽  
Author(s):  
Sabina Rodriguez Velasquez ◽  
Lea Jacques ◽  
Jyoti Dalal ◽  
Paolo Sestito ◽  
Zahra Habibi ◽  
...  
Keyword(s):  
Cumulative Incidence ◽  
Pediatric Population ◽  
Adult Population ◽  
Age Groups ◽  
Sub Saharan Africa ◽  
Morbidity And Mortality ◽  
African Countries ◽  
Regional Office ◽  
Sub Saharan ◽  
Epidemiological Characteristics

Introduction: Since the beginning of the COVID-19 pandemic, very little data on the epidemiological characteristics among the pediatric population in Africa has been published. This paper examines the age and sex distribution of the morbidity and mortality rate in children with COVID-19 and compares it to the adult population within 15 Sub-Saharan African countries. Methods: A merge line listing dataset using a reverse engineering model shared by countries within the Regional Office for Africa was analyzed. Patients diagnosed within 1 March 2020 and 1 September 2020 with confirmed positive RT-PCR test for SARS-CoV-2 were analyzed. Children data were stratified into three age groups: 0-4 years, 5-11 years, and 12-17 years, while adults were combined. The cumulative incidence of cases including its medians and 95% confidence intervals were calculated. Results: 9% of the total confirmed cases and 2.4% of the reported deaths were pediatric cases. The 12-17 age group in all 15 countries showed the highest cumulative incidence proportion in children. COVID-19 cases in males and females under the age of 18 were evenly distributed. Among adults, a higher case incidence per 100,000 people was observed compared to children. Conclusion: The cases and deaths within the children population was smaller than the adult population. These differences can reflect biases in COVID-19 testing protocols and reporting implemented by countries, highlighting the need for more extensive investigation and focus on the effects of COVID-19 in children.

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