Real money, new frontiers
Subtitle: case studies of financial innovation in Africa
By: edited by Mark Napier
Publisher: Juta
Published: 2010
Place of publication: Claremont [South Africa]
Language: eng
Number of pages: 292
ISBN-13: 9780702177712
Subjects: Financial institutions; Financial services industry; Banks and banking; Informal sector (Economics); Rural credit
Other titles: Case studies of financial innovation in Africa
Description: "Access to financial services is recognised across the world as a powerful contributor to economic growth and poverty alleviation in developing countries. Real Money, New Frontiers is a collection of case studies of innovation in Africa's financial markets, presenting vivid testimony from across the continent of how profit-seeking organisations are experimenting with new products and models of distribution in their quest for new markets at the bottom of the financial pyramid. Written from the perspective of service providers, this book explores the factors that make financial sector innovation succeed in often very challenging circumstances. It shows that on the continent with the worst levels of financial access in the world, there is plenty to celebrate"--Publisher's web site.
Notes: Includes bibliographical references (p. [277]-284) and index.
Table of contents: title: 1. Mass banking. Equity Bank: Listening to customers; title: Foreign banks: Do they help or hinder financial inclusion? / Karen Ellis; title: Absa Flexi Banking Services: Taking banking to the people; title: Randomised trials for strategic innovation in retail finance . Nathanael Goldberg, Dean Karlan and Jonathan Zinman; title: Tanzania Postal Bank: Revitalising a decades-old model; title: Bank Windhoek: Reaching out to Namibia's rural population. 2. SME banking. Banque Misr: Making the unbankable bankable; title: Burkina Bail: Building entrepreneurship in Burkina Faso. 3. Linkage banking. Barclays Bank Ghana: Global meets local - working with the 'susu' collectors of Ghana; title: Linkage banking and insurance schemes: formal and informal providers combine to deepen the markets / Robert Stone and Abigail Carpio; title: Ecobank: A regional approach to microfinance; title: Al Amana: Transformation against heavy odds; title: Afriland First Bank and the 'mutuelles communautaires de croissance': commercial links with the rural informal sector. 4. Remote distribution. First National Bank and ATM Solutions: Providing services to the masses; title: Hollard and Pep: 'Prêt-a-porter', cash-based insurance. 5. Remittances and payments. Dahabshiil: Sending money home in a conflict area; title: Features and functioning of the 'hawala'  remittance system in sub-Saharan Africa / Frederick Ahwireng-Obeng and David T. Mutombo; title: G2P schemes: a business opportunity for financial services at the very base of the pyramid / David Porteous. 6. Mobile phone banking. Mobile banking: living up to its promise?; title: Technology trends that will drive base of the pyramid financial services: why telecoms, not banks are the key to the future / Allen L. Hammond. 7. Technology suppliers. Cointel: Enabling m-commerce; title: Ferlo: A smartcard solution in Senegal. 8. Rural banking. ARB Apex Bank: Supporting rural banking services; title: Mbinga Community bank: Tailor-made financial services for rural clients; title: Stanbic in Africa: Broadening its reach to the unbanked. 9. Insurance. Opportunity International's Micro-Ensure: Providing a safety net for societies in need; title: MLife insurance company: Tackling microinsurance; title: Microcare: Insurance for the affordable access to quality healthcare in Uganda. 10. Sustaining markets. Faulu Kenya: Finding finance after grant funding; title: Summit Financial Partners: A rescue remedy.