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Latest Content tagged with Mobile Finance
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Vodacom Boosts Annual Revenues, Subs Numbers
Wei Shi  
5/13/2019   Post a comment
Vodacom has reported a decent financial year, supported by strong international business.
Safaricom Delivers Solid Growth in FY19
Wei Shi  
5/3/2019   Post a comment
Kenya's leading operator reported a 7% increase in revenue and a 10% EBITDA hike for its full financial year that ended in March.
Orange Boasts Strong Q1 in Africa, Middle East
Ray Le Maistre  
4/30/2019   Post a comment
While customer numbers remain flat, revenues are up and 4G uptake is significant.
Safaricom Set for New CEO – Report
Ray Le Maistre  
4/30/2019   Post a comment
Operator reacts to Reuters story about CEO Bob Collymore's impending departure but fails to confirm any plans.
Safaricom & Equity Group Strike Agreement
Connecting Africa News  
4/29/2019   Post a comment
The partnership will see both organizations work towards creating more opportunities to empower Kenyans using a mix of technology and financial solutions.
New Effort to Separate M-Pesa from Safaricom
Wei Shi  
4/26/2019   Post a comment
Kenya's dominant operator might once again find itself fighting to hang on to its popular mobile finance operation.
Kenya's Telecom Regulator Forced to Clarify Its SIM Disconnection Policy
Wei Shi  
4/23/2019   Post a comment
Contrary to some media reports, Kenya's Communication Authority will not disconnect improperly registered SIMs on May 18.
Mobile Ecosystem Boosts GDP, Jobs in West Africa – GSMA
Wei Shi  
4/18/2019   Post a comment
The mobile sector is responsible for 8.7% of West Africa's GDP, according to industry body the GSMA.
Mobile Still Growing in Kenya, But So Is Fraud
Wei Shi  
4/2/2019   Post a comment
Kenya is starting to display many characteristics of a mature market.
South Africa's 4G Coverage Hits Near 86%: ICASA
Connecting Africa News  
4/1/2019   Post a comment
The Independent Communications Authority of South Africa (ICASA)'s annual State of ICT report finds 4G coverage growing, but finds the cost of access to any broadband service is still too high.
MTN Uses AI to Offer Top-Up App via WhatsApp
Wei Shi  
3/27/2019   Post a comment
As mobile operator plans launch of its own messaging application, it is offering useful top-up functions via WhatsApp.
Safaricom Hits 30 Million Customer Milestone
Connecting Africa News  
3/21/2019   Post a comment
Kenyan market leader now has 30 million customers.
Ericsson Begins Search for New MEA Chief
Ray Le Maistre  
3/13/2019   Post a comment
Mobile networking giant is on the hunt for a new head of its Middle East and Africa (MEA) unit as Rafiah Ibrahim takes one step towards the exit door at Ericsson.
Safaricom, Ant Financial Enable Alibaba Trading Using M-PESA
Wei Shi  
3/13/2019   Post a comment
Kenyan businesses can now use M-PESA to pay overseas suppliers, particularly those in China, trading through the Alibaba e-commerce platform.
MTN Raises Targets After a Tough Year
Wei Shi  
3/7/2019   Post a comment
Despite many challenges, MTN reported promising financials for the full year 2018 and has raised its mid-term targets.
New Twist to the Airtel/Telkom Merger Saga in Kenya
Wei Shi  
3/5/2019   Post a comment
Kenya's parliamentary committee called the deal a scandal and is demanding for clarifications on remaining issues.
Ericsson Wallet to Power MTN Mobile Money for Five More Years
Wei Shi  
3/1/2019   Post a comment
Existing mobile money relationship is extended and expanded.
Airtel's African Turnaround
Guy Zibi  
3/1/2019   Post a comment
Nobody saw that coming... so how has Airtel done it?
Number of Mobile Money Accounts Grows 20%, Reports GSMA
Connecting Africa News  
2/26/2019   Post a comment
The mobile money industry processed US$1.3 Billion in transactions per day in 2018, according to the latest 'State of the Industry Report on Mobile Money' from the GSMA.
Africa & Middle East Shine for Orange
Wei Shi  
2/21/2019   Post a comment
Major mobile operator Orange says its AME business was a major growth contributor in 2018.
Are Africa's Mobile Operators Getting Shortchanged by MWC?
Connecting Africa News  
2/14/2019   Post a comment
It is the biggest annual event for the mobile industry in the world, but is the GSMA's Mobile World Congress event in Barcelona, with its heay focus on 5G, neglecting the world's fastest growing telecoms continent? It looks that way.
Airtel Africa Gets Another Cash Injection, Adds Customers
Ray Le Maistre  
2/1/2019   Post a comment
Qatar Investment Authority is to invest US$200 million in Airtel's Africa operations, becoming the latest external investor to pump money into the regional operation.
Standard Chartered Takes Its Digital Banking to Four More African Countries
Connecting Africa News  
2/1/2019   Post a comment
Following on from its 2018 launch in Côte d'Ivoire in March 2018, Standard Chartered plans to launch its digital bank service in four more countries.
Tech Startup Funding In Africa: A Deeper Dive into 2018
Connecting Africa News  
1/31/2019   Post a comment
Having focused on the strength of the Nigerian startup sector and the attraction of fintech in the first leg of this two-part report, Disrupt Africa's Tom Jackson now takes a look at the other markets and sectors that were hot for tech startup funding in Africa during 2018.
Tech Startup Funding In Africa: 2018 Hits Record High
Connecting Africa News  
1/30/2019   Post a comment
As tech startup funding tops $330 million for 2018, Disrupt Africa's Tom Jackson explains, in the first part of a two-part report, why Nigeria is the new center of Africa's funding universe.
Comviva Appoints New Head for MENA Region
Connecting Africa News  
1/27/2019   Post a comment
Digital finance solutions specialist Comviva appoints Ramy Moselhy as its new Market Unit Head for MENA (Middle East & North Africa) as it targets significant growth in the region.
Vodacom Reports Growth Despite Tough SA Market
Wei Shi  
1/24/2019   Post a comment
Vodacom reported a decline in revenues in its home market of South Africa during the final three months of 2018 but its other operations helped it post a 1.5% growth in sales.
WorldRemit Sets Up Shop in South Africa, Eyes IPO
Ray Le Maistre  
1/17/2019   Post a comment
Digital money transfer specialist now has license to make money transfers from South Africa and has opened an office in Johannesburg as it seeks further funding and aims for an IPO.
Zimbabweans Blocked From Social Media, Public Internet
Wei Shi  
1/16/2019   1 comment
Amidst anti-government protests and riots, the country's telecom operators and ISPs followed directives to shut down social media and went even further, blocking Internet access for 24 hours.
Who Might Buy Millicom's African Assets?
Ray Le Maistre  
1/16/2019   Post a comment
With Liberty Latin America in talks to acquire Millicom, what will become of the latter's African assets?
How Fintech is Driving an African Startup Funding Frenzy
Connecting Africa News  
12/28/2018   Post a comment
Tech startup funding has been booming across Africa, driven largely by fintech.
Mobile Money Transfers in Kenya Hit Ksh. 2 Trillion in Q3
Connecting Africa News  
12/23/2018   Post a comment
In the July-September quarter, the value of mobile money transactions in Kenya hit the Ksh 2 trillion milestone for the first time, according to the Communications Authority of Kenya.
Kenyan Government Steps In to Standardize Mobile Money Services
Wei Shi  
12/18/2018   Post a comment
Kenya's Communications Authority is working with the Central Bank to develop a common platform to support interoperability between mobile money solutions.
MTN Group Has a New CTIO & a New CIO
Connecting Africa News  
12/17/2018   1 comment
Charles Molapisi will be the operator's new Group CTIO while Nikos Angelopoulos is the new Group CIO.
Ecobank Appoints MFS Africa As Its Digital Payments Partner
Connecting Africa News  
12/12/2018   Post a comment
Ecobank's customers in 33 African countries can now transact with more than 170 million mobile wallets across the continent.
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.
Cassava Smartech & Comviva Win AfricaCom, GLOTEL Awards
Connecting Africa News  
11/21/2018   Post a comment
The companies won the awards for the EcoCash Merchant Payments powered by mobiquity Money.
Announcing the 2018 AfricaCom Awards Winners
Connecting Africa News  
11/15/2018   Post a comment
This year's AfricaCom Award winners have been announced, with Huawei, Liquid Telecom and Orange amongst the victors.
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.
Vodacom Reports Revenues Boost in Fiscal H1 Results
Connecting Africa News  
11/12/2018   Post a comment
Vodacom group revenues increased by 6.1% year-on-year to R36.8 billion for the six months to September 30.
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.
MFS Africa Ups Its Series B Funding Round to $14M
Connecting Africa News  
10/30/2018   Post a comment
MFS Africa secures additional funding in the second closing of its Series B, bringing total amount raised for the round to US$14 million.
Nigeria Dominates MTN's Quarterly Update
Connecting Africa News  
10/29/2018   Post a comment
MTN's quarterly update for the period ended 30 September 2018 showed just how important Nigeria is to MTN's business, and also what a major problem that same market continues to pose.
Safaricom Celebrates Its 18th Birthday
Connecting Africa News  
10/25/2018   Post a comment
Kenyan operator marks its anniversary with renewed commitment to great service and a new brand campaign to celebrate Kenyans.
M-PESA Foundation Launches Secondary School
Connecting Africa News  
10/24/2018   Post a comment
M-PESA Foundation Academy will provide world class Kenyan education to talented but economically disadvantaged students from across the country.
Africa the 'Silicon Valley of Banking' — TagPay
Connecting Africa News  
9/29/2018   Post a comment
The bank of the future is being invented in Africa, and it is more agile and close to its customers, according to the founders of TagPay.
Orange Money Is 10 Years Old
Connecting Africa News  
9/27/2018   1 comment
Orange Money celebrates a decade of financial innovation in Africa and confirms its position as a major mobile money player.
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.
Page 1 / 2   >   >>




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The operator reported 10% growth in revenue and added 4 million subscribers, though its digital division suffered a decline.
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