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Latest Content tagged with Mobile Finance
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Digital Payments Specialist Cellulant Raises $47.5M
Ray Le Maistre  
5/15/2018   Post a comment
The digital payment specialist's C round of investment was led by The Rise Fund.
Safaricom Reports Profit Rise as CEO Returns
Ray Le Maistre  
5/9/2018   Post a comment
Kenya's dominant operator reports better-than-expected full fiscal year numbers as its CEO makes an appearance after seven months of medical leave.
Nigeria, Ghana Fuel MTN's Q1 Growth Ahead of IPOs
Ray Le Maistre  
5/3/2018   Post a comment
Mobile giant MTN reported good first quarter growth in Ghana and Nigeria, where IPOs are planned in the near future.
Orange's AME Recovery Continues in Q1
Ray Le Maistre  
4/27/2018   Post a comment
Revenue and customer numbers continue to climb as Orange invests in 4G.
Africa's Talking Raises $8.6M From IFC & Others
Ray Le Maistre  
4/27/2018   Post a comment
Distributor of mobile communication and payment APIs to developers raises significant funding from the World Bank's International Finance Corporation (IFC), Orange Digital Ventures and Social Capital.
Africa the Bright Spot for Bharti Airtel
Ray Le Maistre  
4/25/2018   1 comment
While Indian operator faces major challenges in its domestic market, its operations in Africa continued to grow and thrive during the first three months of this year, underpinned by investments in mobile broadband.
Is Safaricom's Dominance in Kenya Under Threat?
Ray Le Maistre  
4/19/2018   Post a comment
There's talk of a complex merger in Kenya between Safaricom's two main rivals but warning bells should sound for the regulator.
MFS Africa Raises $4.5M Series B Round
Ray Le Maistre  
4/18/2018   Post a comment
Fintech startup is the first African fintech company to attract investment from a Chinese venture capital firm.
From 5G to 2G: What Is Relevant Depends on Where You Are
Bradley Shaw  
4/17/2018   Post a comment
Topics such as expanding infrastructure sharing to the radio access network (RAN) and opening up the market to open source-based network infrastructure are far more relevant to Africa than 5G, argues Bradley Shaw.
Four African Operators Gain GSMA Mobile Money Certification
Ray Le Maistre  
4/13/2018   Post a comment
GSMA launches global mobile money certification scheme and four of the first five operators to be certified are from Africa.
Price Controls Would Harm Kenya Telecom Market, Says Think Tank
Iain Morris  
4/5/2018   Post a comment
Institute of Economic Affairs slams regulator's proposals as a 'major policy reversal' that could damage the market.
Orange Expands Into African Energy Sector With Big Solar Plans
Iain Morris  
3/27/2018   Post a comment
French operator will start providing solar kits in five new African markets this year and hopes to sell hundreds of thousands of units in the next five years.
Teleology Closes In on 9mobile Acquisition
Ray Le Maistre  
3/22/2018   Post a comment
Pays $50 million deposit and prepares for full ownership of Nigeria's fourth mobile operator within 90 days.
MTN Predicts Strong Growth Following Network Investments
Ray Le Maistre  
3/8/2018   Post a comment
MTN expects Nigeria and South Africa to be the engines of growth for the next few years as it reports favorable full year financials.
Orange Hails Africa Recovery, Expects Margin Growth
Iain Morris  
2/21/2018   Post a comment
Orange CEO says 'mutualization' efforts in Africa are likely to buoy earnings this year.
9mobile Loses More Market Share as it Awaits New Owner
Ray Le Maistre  
2/12/2018   Post a comment
Nigeria's mobile market is growing but 9mobile's customers base is shrinking, according to the latest statistics from the country's telecoms watchdog.
Africa Stars in Airtel’s Q3 Results
Ray Le Maistre  
1/19/2018   Post a comment
While the Indian market proves tough for Bharti Airtel, revenues from its African operations are up by more than 5% in the fiscal third quarter that ended December 31, 2017.
A Kick in the Wallet for Operators in Kenya, Chad
Ray Le Maistre  
1/12/2018   Post a comment
Kenyan operators fined for poor quality of service while tax rates have been hiked for mobile operators in Chad.
Kenyan Authorities Drop Plans to Break Up Safaricom – Report
Iain Morris  
1/3/2018   1 comment
A proposal to curb the dominance of Safaricom by breaking it up has been jettisoned in a new regulatory report.
Tunisie Telecom to Test Cryptocurrency for Mobile Finance
Ray Le Maistre  
12/12/2017   Post a comment
Tunisian operator is engaging with cryptocurrency startup Telcoin to check out a new way to offer mobile remittance services.
Making Sense of Zimbabwe's Surprisingly Solid Telecoms Market
Guy Zibi  
12/8/2017   Post a comment
Despite its recent history, Zimbabwe has a high ICT ranking and one of the most important telecoms markets in Sub-Saharan Africa.
Safaricom Opens Its Digital Market
Ray Le Maistre  
11/21/2017   Post a comment
Kenyan operator launches e-commerce platform, Masoko.
Vodafone in Firing Line Over African Growth Strategy
Ray Le Maistre  
11/14/2017   Post a comment
Investigation into Vodafone's growth across Africa suggests that deals were not as ethical and transparent as they could have been and have lined the pockets of the continent's political elite.
Vodacom Boasts Growth as Data Revenues Overtake Voice in South Africa
Ray Le Maistre  
11/13/2017   Post a comment
Mobile operator registered growth in revenues, customer numbers and net profit during the first half of its fiscal year, during which data revenues outstripped voice revenues for the first time in its core market of South Africa.
Huawei, Telcos Clash With Policymakers in Cape Town
Iain Morris  
11/7/2017   Post a comment
Private sector players continue to complain that shortsighted regulation is hindering the rollout and take-up of telecom services in Africa.
Safaricom Ramps H1 Revenues, Profits, Subs
Ray Le Maistre  
11/5/2017   Post a comment
Kenyan operator's metrics are on the rise…
Orange Builds On Its Brand in Sierra Leone
Ray Le Maistre  
10/18/2017   Post a comment
Following network expansion and improvements, Orange has introduced its brand in Sierra Leone.
Sowing the Seeds for AgriTech Growth
Stacey Knott  
9/22/2017   Post a comment
Young tech-savvy entrepreneurs are working hard to bring digital tools to Africa's enormous and important agriculture sector.
Kenya's Safaricom Eyes African Expansion
Iain Morris  
9/7/2017   Post a comment
Kenyan operator eyes launch of e-commerce services in east and west African markets.
Safaricom Preps Major M-Pesa Upgrade
Iain Morris  
9/4/2017   Post a comment
Overnight upgrade will take service offline for its 26 million users but will enable additional services and capabilities.
Vodacom CEO Joins Safaricom's Board, Raises Questions About M-Pesa Expansion
Ray Le Maistre  
9/1/2017   Post a comment
Safaricom appoints two new directors, including Vodacom CEO and Chairman Shameel Joosub, a move that likely heralds some joint actions involving the M-Pesa mobile money service.
Bitcoin Specialist BitPesa Hits $10M in Funding
Ray Le Maistre  
8/31/2017   Post a comment
Attracts follow-up Series A funding of more than $4 million as its cryptocurrency-based payment processing model gains traction in Africa.
MTN Uganda's MoKash Service Tops 2.5M Users in Just 1 Year
Ray Le Maistre  
8/17/2017   Post a comment
Mobile operator's savings and loans m-commerce service has attracted 2.5 million users in its first year.
Blockchain and Africa's Future: Connecting Africa Interview with Digital Week Speaker Lorien Gamaroff
Rachael McKie  
8/14/2017   Post a comment
Bankymoon CEO Lorien Gamaroff explains why he believes blockchain technology and the use of cryptocurrencies such as Bitcoin will have a major impact on the future of the financial services industry.
Huawei, WorldRemit Team on Mobile Money in Africa
Ray Le Maistre  
7/11/2017   Post a comment
New partnership adds international remittances to Huawei's mobile money service platform.
Blue Label to Buy 3G Mobile for 1.9B Rand
Ray Le Maistre  
6/29/2017   2 comments
South African m-commerce and pre-paid voice specialist is buying mobile device distributor 3G Mobile as a bolt on to its existing business and that of its impending mobile operator business, Cell C.
Cameroon, Egypt & Kenya Feature in Connecting Africa Country Guide Part 1
Ray Le Maistre  
6/13/2017   Post a comment
First part of our country guide features three key mobile markets.
Safaricom Pumps KSh200M Into Telecom Test Lab
Ray Le Maistre  
5/26/2017   Post a comment
With support from vendor partners such as Cisco, Huawei and Nokia, Kenyan operator has replicated its network in a lab to enable faster testing and help bring new services to market quicker.
Connecting Africa Takes to Twitter for #AfricaDay Chat
Amy Turner  
5/25/2017   Post a comment
To celebrate Africa Day, we took to Twitter for a live chat on the continent's contribution to technology innovation.
The Transformational Impact of Digital Communications: East Africa Com Interview With Safaricom’s Muhalia Allan
Amy Turner  
5/15/2017   Post a comment
With only a few days to go until East Africa Com 2017 kicks off in Nairobi, Connecting Africa caught up with Safaricom's senior manager of wholesale service.
Vodacom to Buy Safaricom Stake in €2.36B Deal
Ray Le Maistre  
5/15/2017   Post a comment
Vodacom is buying a 35% stake in Safaricom from its parent company Vodafone, a move that strengthens Vodafone's grip on the South African operator and which may have an impact on M-Pesa's future.
The Countdown to East Africa Com 2017: What to Expect on Day 2
Amy Turner  
5/10/2017   Post a comment
Having previously looked at the highlights for day 1, we turn our attention to the key agenda items for day 2 of East Africa Com 2017.
African Revamp Has Paid Off, Reports Airtel
Ray Le Maistre  
5/10/2017   Post a comment
Full-year financials include improving margins and data services growth.
Orange Disappointed by Africa Biz in Q1
Iain Morris  
5/2/2017   Post a comment
The sales performance in what is supposed to be a high-growth market has missed expectations.
Boardroom Boost for Fintech Specialist MFS Africa
Ray Le Maistre  
4/12/2017   1 comment
Influential mobile and m-commerce executive joins board of fintech specialist company MFS Africa.
Joburg In Line to Host OpenLab
Ray Le Maistre  
3/28/2017   Post a comment
Telecoms technology giant Huawei is setting up an OpenLab in Cape Town to foster industry collaboration.
Orange Expands Its Brand but Faces Challenges
Ray Le Maistre  
3/17/2017   Post a comment
Orange rebrands its acquired business in Burkina Faso but faces a tough task to meet its financial objectives in Africa.
Making MTN Great Again
Guy Zibi  
3/10/2017   1 comment
The new team running MTN has some tough decisions to take but there are a number of key steps that can help get the pan-African operator back on track, notes Xalam Analytics Principal Guy Zibi.
MTN's South Africa CEO Jumps Ship
Ray Le Maistre  
3/8/2017   Post a comment
Mteto Nyati's abrupt departure provides incoming group CEO Rob Shuter with an early challenge.
One Global Pitches Mobile Finance App at Africa, Middle East
Ray Le Maistre  
3/6/2017   Post a comment
The PayIt platform has a new name as One Global tries to become a major player in the mobile money market across Africa and the Middle East.
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