Cashless payment platform enables cheaper healthcare in Tanzania

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Africa provides unique challenges to both businesses and humanitarian efforts, with many countries home to high levels of low-income families, often in hard-to-access communities. We’ve seen a number of innovative approaches to these challenges, including peer-to-peer lending platform for farmers who can’t afford crop insurance. Now Jamii is hoping to increase health insurance coverage across Africa. By partnering with Jubilee Insurance and Vodacom Tanzania, Jamii has developed a cashless platform that expedites the health insurance process for both users and hospitals and reduces the administration costs of insurance claims. Users simply sign up and pay via the mobile banking M-pesa…

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