Latest Intelligence in Kenya

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Type Product title / description Pub Price
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Africa: becoming the new logistics frontier

Driven by its natural resources, Africa's economic growth is attracting investments by logistics players such as DHL as they look to develop infrastructure and services across the continent. However, many fundamental issues still need to be addressed, such as the lack of infrastructure and the geopolitical risks.

Published By Datamonitor
09 May 2011
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Barclays' international rollout of Pingit highlights the potential for innovation in money transfers

Barclays is to expand Pingit, its mobile payments app, into several new territories following the success the service has had in the UK since launching. This mobile payments service, the first of its kind to operate internationally without imposing commission or related fees, highlights the potential seen in the money transfer market, not only by Barclays, but also the alternative provider Wonga.

Published By Datamonitor
24 Aug 2012
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Card issuance boom runs against increasing popularity of mobile payments in Kenya

Mobile payments in Kenya have shown formidable growth over the past few years and are set to rapidly become the largest payment system in the country. Despite a sudden flurry of new debit cards issued in 2011, showing that there is still life in the payment cards market, mobile payments are set to overtake card payments by mid-2013 at the current rate of growth.

Published By Datamonitor
11 Jan 2012
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Google's payment ambitions expand into localized, lower-tech services

The company has announced its first foray into more traditional card-based payments, and its first real-world payments launch outside of Google Wallet in the US, with the unveiling of an NFC contactless transport card system in Kenya. This may mark a significant step in Google's branching out from its other high profile payment launches.

Published By Datamonitor
31 May 2012
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Mobile banking boom expected in Nigeria

A number of recent announcements suggest that Nigeria is set for a mobile banking boom, with several banks looking to secure a share of previously unbanked or underbanked consumers. The latest announcements from First Bank and Standard Chartered suggest that the popularity of mobile banking in Africa is spreading beyond Kenya.

Published By Datamonitor
21 Feb 2012
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Standard Chartered Private Bank looks to Africa

Standard Chartered has established an onshore private banking presence in Kenya and is planning to expand into other domestic markets in the region. With a strong network in the Middle East and Asia Pacific, an onshore presence in Africa will give Standard Chartered Private Bank an advantage over competitors managing wealth from London, New York, or Switzerland.

Published By Datamonitor
09 Aug 2012
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The mobile money market must offer better value to replicate its success in the developing world

A survey carried out by the World Bank, the Gates Foundation, and Gallup reveals significant differences in mobile money usage between low- and high-income countries, with usage much higher in less developed economies, particularly in sub-Saharan Africa. Higher-income countries are lagging behind in developing these services, but these markets pose a different challenge.

Published By Datamonitor
11 May 2012

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