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Articles tagged with: World Bank and Mtn
Rwandan Government Subsidises Rural GSM Handsets
The Rwandan government has launched a scheme which subsidises the cost of mobile phones in order to expand their usage in rural areas. The scheme is being run by local GSM operator, MTN in association with the Rwanda Development Bank (BRD) and more than halves the cost of a handset from Frw28, 000 to Frw13, 000 - or about US$24.30 each. The average income per person in 2004 was US$204. As the cost of the handset is still equivalent to nearly a months wages, the owners are offered a micro-loan to pay for the phone over a period of 13 months. more
Related Tags: villages, Rwanda
Afghan Network Gets World Bank Assistance
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, said today it is supporting the rollout of the country's third GSM phone network. The guarantee, totaling US$76.5 million in coverage, will protect the investment against the noncommercial risks of transfer restriction, and expropriation. more
Related Tags: mtn-group
MTN Nigeria to Create Income Opportunities for Rural Women
The International Finance Corporation (IFC), the private sector arm of the World Bank Group says that it has signed a Linkage Cooperation Agreement with MTN Nigeria Foundation for a joint project that will create opportunities for more than 1,000 rural based women in the country to earn income by reselling telephony services. The women will provide mobile phone service for a fee in local communities, establishing service at affordable prices to communities that presently have limited or no telephone access. more
Related Tags: ifc, international-finance-corporation
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