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    <title>Global South World - Finance and Digital Wallets</title>
    <link>https://www.globalsouthworld.com</link>
    <language>en-US</language>
    <description><![CDATA[News, opinion and analysis focused on the Global South and rising nations across the world. Delivered by journalists on the ground in Africa, Asia, Europe and the Americas. From politics and business to technology, science and social issues, Global South World is the first place to come for accurate and trusted information.]]></description>
    <item>
      <title>Tanzania and Kenya connect optic fibre networks to boost East Africa's digital future</title>
      <link>https://www.globalsouthworld.com/article/tanzania-and-kenya-connect-optic-fibre-networks-to-boost-east-africa-s-digital-future</link>
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      <pubDate>Mon, 21 Jul 2025 18:22:13 Z</pubDate>
      <description><![CDATA[<p>The new connection, known as a redundancy route, links the two countries' national fibre optic networks at the Horohoro border post.</p>
<p>It gives Tanzania an alternative path to global internet cables based in Kenya, in case of problems with its own sea cables in Dar es Salaam.</p>
<p>The project  is part of efforts  by both governments to improve digital services, support economic growth, and build a stronger regional internet system.</p>
<p>Tanzania’s Minister for Communications and Information  Technology , Jerry Silaa, said the new route strengthens the country’s online access.</p>
<p>“This route guarantees that Tanzania remains digitally connected, even if there are issues with our marine landing stations in Dar es Salaam,” he said.</p>
<p>Tanzania is now digitally linked with six neighbouring countries: Kenya, Uganda, Rwanda, Burundi, Zambia, and Mozambique.</p>
<p>There are also plans to extend the network to the Democratic Republic of the Congo. Officials say this will help more people across the region access faster and more reliable internet.</p>
<p>The new connection can move large amounts of data very quickly, helping businesses, banks, schools and hospitals that rely on strong internet links.</p>
<p>According to Tanzania Telecommunications Corporation, the route runs at speeds of up to 1.6 terabits per second, making it one of the fastest in the region.</p>
<p>Kenya’s Information Minister, William Kabogo Gitau, said the launch shows how serious East Africa is about building a modern digital economy.</p>
<p>He  described  it as a sign of strong cooperation between the two countries and a step towards a more united regional network. He also said the Horohoro border could become a smart post for real-time data sharing between the two governments.</p>
<p>The fibre network in Tanzania now stretches over 13,800 kilometres and reaches more than 100 districts. The  government  hopes to expand it to 30 more districts this year.</p>
<p>The project dates back to a 2005 government goal of turning Tanzania into a regional tech hub.</p>
<p>Since the first cables were laid in 2009, the country has steadily grown its digital capacity, helping it support rising internet use and attract regional traffic.</p>
<p>Disclaimer: The image used in this article is AI-generated</p>
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      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:credit role="provider">AI - generated</media:credit>
        <media:title>A fibre optic cable</media:title>
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      <dc:creator><![CDATA[Wonder Hagan]]></dc:creator>
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    <item>
      <title>How Africa made digital payments work without internet or banks</title>
      <link>https://www.globalsouthworld.com/article/how-africa-made-digital-payments-work-without-internet-or-banks</link>
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      <pubDate>Sun, 13 Jul 2025 07:49:44 Z</pubDate>
      <description><![CDATA[<p>How? By asking a simple question:  Who needs a bank account when you have a phone?</p>
<p>In Africa,  formal banking systems struggled to reach rural communities, so Africans turned to what they did have — mobile phones. Then, platforms like  M-Pesa ,  MTN Mobile Money , and  Airtel Money  came to the rescue   as financial lifelines.</p>
<p>Today, many African countries have skipped traditional banking entirely—no long queues. No forms. No  internet . </p>
<p>Watch the video to learn how.</p>
]]></description>
      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:title>How Africa made digital payments work without internet or banks</media:title>
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      <dc:creator><![CDATA[Nana Ama Oforiwaa Antwi]]></dc:creator>
    </item>
    <item>
      <title>Why is Kenya digitising its pension system by 2025?</title>
      <link>https://www.globalsouthworld.com/article/why-is-kenya-digitising-its-pension-system-by-2025</link>
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      <pubDate>Sun, 08 Jun 2025 16:16:15 Z</pubDate>
      <description><![CDATA[<p>Treasury Cabinet Secretary John Mbadi announced the shift while addressing the Senate, saying the manual system currently in place has left pensioners vulnerable to theft and inefficiencies.</p>
<p>The new platform, based on an Enterprise Resource Planning model, will allow retirees to submit claims, check their status, and receive payments without visiting  government  offices.</p>
<p>Mbadi said pensioners will be able to manage their  funds  from home, using a self-service portal connected to their bank accounts and mobile phones.</p>
<p>He further revealed that a contractor is already building the digital  infrastructure , which will include biometric verification and integration with the National Savings Registry.</p>
<p>These features are expected to prevent payments from going to deceased pensioners and detect suspicious account activity.</p>
<p>The move also  follows a series of revelations  in Parliament about fraud schemes targeting retirees.</p>
<p>To speed up processing, 18 pension officers have been posted to agencies like the Teachers Service Commission to help verify and submit retirement paperwork.</p>
<p>New rules will also require employers to give workers at least a year’s notice before retirement and file pension claims nine months in advance.</p>
]]></description>
      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:credit role="photographer">Thomas Mukoya</media:credit>
        <media:credit role="provider">REUTERS</media:credit>
        <media:title>FILE PHOTO: Kenya's President William Ruto signs the Independent Electoral and Boundaries Commission Amendment Bill 2024, in Nairobi</media:title>
      </media:content>
      <dc:creator><![CDATA[Wonder Hagan]]></dc:creator>
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