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Latest Content tagged with Mobile Finance
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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   Post a 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   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.
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   1 comment
Top 10 finalists to be selected as Ecobank Fintech Fellows.
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.
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.
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.
MTN Looks Set for Nigeria IPO -- Report
Connecting Africa News  
2/9/2018   Post a comment
An IPO for MTN's Nigeria business looks to be back on the table following a more settled financial year.
MTN Targets 3x Growth in Mobile Money Subs by 2021
Connecting Africa News  
1/24/2018   Post a comment
CEO tells Deloitte Africa event attendees of the mobile giant's ambitions in customer growth and mobile money service usage.
Partech Ventures Launches $120M Africa Tech Fund
Connecting Africa News  
1/23/2018   Post a comment
VC firm launches Partech Africa, a $120 million fund dedicated to raising capital for investment in African tech startups.
Kenya Launches Mobile Money Interoperability Trial
Connecting Africa News  
1/22/2018   Post a comment
The Communications Authority of Kenya announces the launch of a mobile financial services trial, setting stage for lower cross networks transactions costs.
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.
Bango Teams Up with MTN Ghana to Launch Mobile Money Wallet in Google Play
Connecting Africa News  
1/19/2018   Post a comment
This is the first use of the MTN Mobile Money wallet to fund app store purchases, according to the partners.
Huawei Pumps $100M Into South Africa Campus
Connecting Africa News  
1/12/2018   Post a comment
Chinese technology giant is investing in a substantial campus facility in Johannesburg.
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.
Cote d’Ivoire Imposes Tax on Mobile Money Transfers
Connecting Africa News  
1/11/2018   Post a comment
This could fray some nerves in the mobile commerce community.
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.
WorldRemit Raises $40M, Targets 5M Customers in Africa
Connecting Africa News  
12/11/2017   Post a comment
Fintech specialist attracts further funding as it aims for 10 million users, of which half (it hopes) will be in Africa.
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.
AfricaCom Day Two: The Technology Paradox
Connecting Africa News  
11/22/2017   Post a comment
From satellite to balloon connectivity – how African governments and tech giants are bridging the digital divide.
Safaricom Opens Its Digital Market
Ray Le Maistre  
11/21/2017   Post a comment
Kenyan operator launches e-commerce platform, Masoko.
Fintech Innovation a Key Trend as Africa's Economy Rebounds: Report
Connecting Africa News  
11/17/2017   Post a comment
Ecobank Group Research provides a positive outlook for Africa's economy and cites fintech innovation as a key trend.
Bharti Airtel, Millicom Combine Operations in Ghana
Connecting Africa News  
11/15/2017   Post a comment
Bharti Airtel and Millicom, which operates under the Tigo brand, have combined their operations in Ghana to form the country's second largest operator.
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.
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