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Report: Mobile cash transactions averaged Sh15 million per minute in Kenya in 2018
The most recent data by the Communications Authority shows mobile money transactions for the October-December period rose by Sh337 billion to Sh2.1 trillion as mobile wallets become the more preferred mode of payment.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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M-Pesa Bank? Members of Parliament seek Central Bank regulation
If MPs have their way, the telecommunications regulator, the Communications Authority of Kenya (CA), will be compelled to ensure that mobile money services like Safaricom’s M-Pesa, Airtel Money and Telkom’s T-Kash are licensed as banks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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MTN launches airtime recharge via WhatsApp
MTN South Africa has launched a new service on WhatsApp that allows its customers to check their balances, top up their airtime and buy data bundles without having to leave the Facebook-owned messaging app.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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The Power of Messaging: How WhatsApp is Becoming a Not-So-Secret Weapon Among Small Enterprises in Emerging Markets
Doing business in emerging markets requires significant and often remote communication – from managing inventory to keeping track of transactions and employees in the field. But though donor-funded digitization efforts often focus on building payments use cases, some of the most needed advancements are happening via existing communications channels like WhatsApp, says Strategic Impact Advisors VP Hamilton McNutt. He explores the innovative ways companies are using WhatsApp – and how messaging apps could better serve their needs.
- Categories
- Technology, Telecommunications
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Safaricom increases e-commerce stakes after Alibaba Group deal
“This partnership seeks to connect Kenyans to even more business opportunities by enabling them to seamlessly source, purchase and import goods from the world’s leading manufacturers,” Safaricom Chief customer officer Sylvia Mulinge said.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Nigeria, others to push mobile money accounts to 110 million by 2024, says GSMA
“The mobile money industry is fast-evolving against a backdrop of increasing internet access and smartphone adoption, and now more than ever, mobile’s unparalleled global scale provides a tremendous opportunity to reach the 1.7 billion people who remain financially excluded, said Mats Granryd, Director General, GSMA.”
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Ivory Coast telcos in mobile money tax dispute
The Telecommunications/ICT Regulatory Authority of Côte d'Ivoire (ARTCI) has directed mobile operators to immediately stop transferring the additional cost of mobile money transactions onto the consumer.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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African Internet Connectivity Gets A Mobile World Congress Boost
The continent's first live 5G network in South Africa, the world's first 400Gbps backbone network in Kenya and a 750 kilometer (km) fiberoptic network in Nigeria's Edo and Ogun States were announced at Mobile World Congress in Barcelona this week.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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