Tonny Omwansa and Peter Waiganjo of AMMREC receive a cheque from CIC
group of Companies

The CIC Insurance group LTD (, a leading micro-insurer in Kenya is one of the main sponsors of AMMREC2012. CIC strongly believes in the role of low cost technologies such as mobile financial services in extending financial inclusion. M-Bima, a savings and insurance product operated by CIC Insurance is operational and providing lessons on how to sophisticate mobile money.
In the future, CIC Insurance intends to roll out more mobile phone based financial services.

The Microsavings and Payments Innovation Initiative (MPII) invites Expressions of

Interest (EOI) applications to conduct rigorous, field-based research on savings

products and services, as well as payments and money transfer channels  for the
world’s poor and financially excluded. EOI submissions for Round 2 are due

Friday, May 4, 2012 by 11:59 pm Eastern Daylight Time.



Tonny Omwansa and Nicholas Sullivan  have published
"Money, Real Quick", a book on M-Pesa and Mobile
Money. The book expounds on the innovation, the
execution and impact of M-Pesa, the mobile money
service operated in Kenya by Safaricom and is now
available in several other countries.
The nine chapter book is a comprehensive, easy to
read broad-range narrative of a technological innovation
being exported from Africa.

Find out More......


The following are the sponsors and partners for the AMMREC2012 Conference the Theme of the conference is Evidence of financial inclusion through mobile technology: Academia, private sector, development community and government perspectives.

Visit the Conference Portal for more details on AMMREC2012 sponsors and partners

Submissions of abstracts for the AMMREC2012 has been extended to November 15th 2011.

Confirmation of accepted abstracts will happen on November 30th 2011.

Visit the AMMREC2012 Conference Portal to make your submission .


The United Nations Conference on Trade and Development (UNCTAD) says Africa is heading a trend with 51 mobile income systems in place, and as many as 37 of a deployments being in slightest grown countries (LDCs).

Mobile money is an emerging area of research, AMMREC expects to build a Conference Community that will ensure an exciting and high quality networking environment, providing an opportunity for scholars and practitioners to share knowledge and experience with potential research or practitioner partners. By mobile money weinclude mobile money transfer, mobile banking, agency banking, other financial services through a mobile platform.

AMMREC mobile money conference organizing committee invites unpublished, original contributions describing ongoing or completed work, originating from academia, government, private sector and development partners.
The conference will focus on mobile money academic research from across the globe with significance emphasis to developing markets.

There are four tracks, with each track having key topics of interest as outlined below.
Track 1: Policy and regulation on mobile money transactions
The main topics of interest for this track include but will not be limited to the following:
·         Government policy on mobile money transfer
·         Mobile money transfer regulation
·         International benchmarks on mobile money regulation
·         Financial inclusion issues
·         Policy issues on agency banking and mobile money
·         Emerging issues, e.g. credit referencing

Track 2: Implementation of mobile money solutions
The main topics of interest for this track include but will not be limited to the following:
·         Product design and related business models
·         Mobile money product roll-out challenges and lessons learnt
·         Scalability and sustainability of mobile money products
·         Agent network design, development and support

Track 3: Research
The main topics of interest for this track include but will not be limited to the following:
·         Theoretical frameworks for studying mobile money
·         Security in mobile money transactions
·         Adoption of mobile money products
·         User perceptions of mobile money products
·         Impacts of mobile money on poverty, business transformation, economy, etc.

Track 4: Innovative applications development
The main topics of interest for this track include but will not be limited to the following:
·         Mobile money applications development frameworks
·         Design and development
·         Service sophistication
·         Incubation of MM products