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Latest Content tagged with Mobile Finance
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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.
Orange Digital Ventures Invests Again in Yoco
Connecting Africa News  
9/7/2018   Post a comment
Orange Digital Ventures has invested for the second time in Yoco, a leader in payment terminals and added-value payment services in South Africa.
Executive Interview: Smile Communications Nigeria MD, Godfrey Efeurhobo
Connecting Africa News  
9/5/2018   Post a comment
Ahead of Nigeria Com 2018, Connecting Africa talks to Smile Communications Nigeria MD Godfrey Efeurhobo about opportunities, challenges and OTT competition.
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.'
Can African Tech Leapfrog Global Competitors?
Connecting Africa News  
9/3/2018   Post a comment
The AfricaCom Digital Week, a virtual event taking place September 10-14, will explore five of the key technology areas that have the potential to come together to create Africa 4.0.
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.
Safaricom Recognized For Social Impact
Connecting Africa News  
8/24/2018   Post a comment
Safaricom is recognized in Fortune Magazine's 2018 Change the World list of companies.
Temenos, AUC Venture Lab Collaborate on Fintech Innovation in Egypt
Connecting Africa News  
8/13/2018   Post a comment
Banking software specialist Temenos is to support participants of Egypt's AUC Venture Lab FinTech Accelerator.
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.
Safaricom CEO Slams Kenya Market Study
Connecting Africa News  
8/7/2018   Post a comment
Safaricom CEO Bob Collymore has criticized a report into Kenya's telecoms market, saying that its recommendations would punish its customers and stifle innovation.
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.
Vodafone, Tunisie Telecom Strike Partnership Agreement
Connecting Africa News  
7/13/2018   Post a comment
Vodafone and Tunisie Telecom have struck a Partner Market agreement for Tunisia.
Nigeria Courts US Media, Tech Investment
Connecting Africa News  
7/13/2018   Post a comment
Representatives of the US media, tech and investment sectors have been meeting in Silicon Valley with Nigerian government ministers about potential business and investment opportunities.
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.
East Africa to Have 186M Mobile Broadband Connections by 2022: Ovum
Connecting Africa News  
6/18/2018   Post a comment
Significant growth in next five years driven by greater investment in 3G and 4G networks and higher smartphone penetration levels.
First Bank, WorldRemit Team on Digital Money Transfers to Nigeria
Connecting Africa News  
6/6/2018   1 comment
Partnership will allow WorldRemit customers in more than 50 countries to send money instantly to 14 million First Bank accounts directly from their phones.
Vodafone Brings IoT to the Fight Against Malnutrition
Connecting Africa News  
6/6/2018   1 comment
Mobile operator will help Sanku (Project Healthy Children) to reach 100 million people across Africa by installing Internet of Things (IoT) technology at small flour mills across the continent.
Vodacom Tanzania Celebrates 10 Years of M-Pesa
Connecting Africa News  
5/28/2018   Post a comment
Vodacom Tanzania has had 8.2 million active M-Pesa users of the mobile money service since its launch in 2008.
Digital Finance Platform Lidya Raises $6.9M
Connecting Africa News  
5/24/2018   Post a comment
Lidya banks one of the largest funding rounds in the tech sector in Nigeria.
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.
Orange, Vivendi Team With CanalOlympia to Boost Cinema in Africa
Connecting Africa News  
4/27/2018   Post a comment
Orange and Vivendi sign a partnership deal with the CanalOlympia network to make the big screen more accessible to all in Africa.
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.
Orange Social Venture Prize: Only 5 Weeks Left to Enter
Connecting Africa News  
4/25/2018   Post a comment
The deadline for entries to the Orange Social Venture Prize in Africa and the Middle East is May 31.
Ecobank Launches Fintech Challenge Competition for African Startups
Connecting Africa News  
4/23/2018   2 comments
Top 10 finalists to be selected as Ecobank Fintech Fellows.
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.
Tigo Tanzania Achieves GSMA Global Mobile Money Certification
Connecting Africa News  
4/13/2018   Post a comment
Tigo Tanzania's mobile financial services business, Tigo Pesa, becomes one of the first to receive Mobile Money Certification under the new scheme from the GSMA.
Mobile Ecosystem To Be Worth $50B+ to West Africa By 2022 – GSMA
Connecting Africa News  
4/12/2018   Post a comment
The mobile ecosystem is set to be worth more than US$50 billion to the West African economy by 2022, according to a new study from the GSM Association (GSMA), which points to strong subscriber and mobile broadband growth.
M-PESA Awarded GSMA Mobile Money Certification for Operational Excellence
Connecting Africa News  
4/12/2018   Post a comment
M-PESA passes independent assessment in offering safer, more transparent and more resilient financial services.
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.
SimbaPay, Interswitch Collaborate on Pan-Africa Remittances Chatbot
Connecting Africa News  
3/26/2018   Post a comment
SimbaPay, in collaboration with Interswitch, announces the launch of a remittance chatbot to enable SMS-based, Pan-Africa digital money transfers.
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.
Standard Chartered Bank Launches Digital Bank in Côte d'Ivoire
Connecting Africa News  
3/16/2018   Post a comment
Standard Chartered Bank says its digital bank in Côte d'Ivoire is the company's first digital bank in Africa and the first-of-its-kind in that country.
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.
Applications Now Open for the 8th Orange Social Venture Prize in Africa and the Middle East
Connecting Africa News  
3/1/2018   Post a comment
This prize, awarded by Orange, rewards innovative projects based on Information and Communication Technologies (ICT) which improve the living conditions of people in Africa and the Middle East.
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.
DOCOMO Digital, Safaricom Team Up on Google Play Store Payments
Connecting Africa News  
2/21/2018   Post a comment
DOCOMO Digital partners with Safaricom to launch the first app store integration with the world's most popular mobile money service.
Will Standard Bank Add to South Africa's MVNO Mix?
Connecting Africa News  
2/14/2018   Post a comment
Reports suggest Standard Bank is preparing to launch a mobile virtual network operator (MVNO) business in South Africa, a market already hosting multiple such operations.
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To compensate his reduction of tax on petroleum products, Uhuru Kenyatta is bumping up tax on phone calls and internet use.
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The pilot network delivered a download speed of 1.7 Gbit/s.
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