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Latest Content tagged with Mobile Finance
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MTN, Orange Forge Mobile Money Interop Deal
Wei Shi  
11/23/2018   Post a comment
Two leading mobile operators in Africa are to set up a joint venture called Mowali to enable mobile money service interoperability across sub-Saharan Africa.
AfricaCom 2018 Day 1: The Roads, the Chase & a Monoblock Phone
Wei Shi  
11/13/2018   Post a comment
Africa's largest telecom trade show, the 21st iteration of AfricaCom, opened today in Cape Town. Connecting Africa is reporting the most eye-catching stories from the show.
Africa's Digital Future Looks Bright: Ovum
Wei Shi  
11/8/2018   Post a comment
The newly published Africa Digital Outlook 2019 report identifies mobile broadband access, mobile money, digital services and 5G as the growth sectors.
Blockchain Technology Set to Transform African Financial Services
Gabriella Jeakins  
11/7/2018   Post a comment
With under a week to go until AfricaCom 2018, Connecting Africa speaks to some of the AfricaCom Ambassadors, a group of 30 leaders and innovators from across the continent who are driving Africa's digital transformation. First up: VALR.com's Farzam Ehsani.
Safaricom Reports Strong Growth in Fiscal First Half
Ray Le Maistre  
11/2/2018   Post a comment
Kenyan market leader continues to add customers and grow its revenues, earnings and network coverage but there are clouds on the horizon.
Senegal's Fintech Startup Sudpay Is Playing the Taxman
Wei Shi  
9/25/2018   1 comment
Sudpay will help the local tax authorities track and collect taxes to finance local public services, in exchange for a commission.
Kenya's President Ups Internet, Voice Calls Tax
Wei Shi  
9/20/2018   Post a comment
To compensate his reduction of tax on petroleum products, Uhuru Kenyatta is bumping up tax on phone calls and internet use.
Fintech Startup Yoco Turns Smartphones Into POS Terminals
Wei Shi  
9/10/2018   Post a comment
The South African fintech startup's solution enables 20,000 merchants to receive card payments.
Ugandan Fintech Startup Targets Payments Broker Role
Wei Shi  
9/4/2018   Post a comment
While retail is moving more and more cashless, Uganda's OlyCash is helping the 'unbanked.'
MTN Ghana Boasts IPO Success
Ray Le Maistre  
8/31/2018   Post a comment
But MTN didn't raise as much as hoped.
Cash for Data: Fintech Startup Playing a Long Game
Wei Shi  
8/27/2018   Post a comment
Nigeria's Thank U Cash has a different approach for its loyalty program.
Mixed Bag for MTN in H1
Ray Le Maistre  
8/8/2018   Post a comment
The operator added subscribers and improved margins but its debts and challenges in Iran and other markets are making investors nervous.
Orange Boosted by Data Demand
Iain Morris  
7/26/2018   Post a comment
Orange reports strong growth in sales and earnings, thanks to consumer appetite for mobile data services.
Most of Sub-Saharan Africa Will Be on Mobile Grid by 2025: GSMA
Wei Shi  
7/25/2018   Post a comment
New GSMA report predicts that 52% of the sub-Saharan population will be connected to mobile networks by 2025.
Smart Cities, 5G & IoT Take Center Stage at AfricaCom 2018
Amy Turner  
7/20/2018   1 comment
Africa's digerati are set to converge on the annual AfricaCom event in Cape Town once again to figure out the continent's connected future, analyse the potential of 5G, identify how IoT and smart cities could play a role in Africa's digital development… and much more.
Is M-Pesa Heading to Ethiopia?
Ray Le Maistre  
7/18/2018   Post a comment
Speculation suggests Safaricom is about to strike a deal with Ethiopia's government to help introduce the M-Pesa mobile money and banking service to the country's 100 million-plus population and compete with existing player M-BIRR.
Orange Money Offers Ivory Coast Users a Payment Card
Ray Le Maistre  
7/11/2018   Post a comment
Orange Money Ivory Coast has teamed with Visa and Banque Atlantique to offer its users a payment card.
Digital Payments Specialist Cellulant Raises $47.5M
Ray Le Maistre  
5/15/2018   1 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   1 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   1 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.
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