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Nigeria Is Finally Turning to Telcos to Drive Financial Inclusion Through Mobile Money
Financial inclusion in East Africa has been significantly impacted by the wide adoption of mobile money services—led by Kenya— but the uptake has been slow in Africa’s two largest economies, Nigeria and South Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- emerging markets, fintech, mobile money, MTN
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After Years of Rapid Growth in Africa We’re About to Enter the Age of Mobile Money 2.0
Across its 15 mobile money operating companies, MTN Group seems to dominate the African continental market for mobile financial services. Riding a strong brand and an increasing significance in the daily life of the average citizen, it is difficult to ignore the masterpiece they have built.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- emerging markets, fintech, mobile money, MTN
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Viewpoint: Ghana’s Banks May Find Themselves Undercut by MTN’s Mobile Money
MTN Ghana is targeting 20m customers on its mobile money service in the next three years, from 13m in 2018.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Ericsson and MTN launch Mobile Money open API platform in Ghana
Ericsson and MTN have extended their mobile money partnership with the launch of an open API platform in Ghana.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- emerging markets, mobile money, MTN
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Viewpoint: Nigeria’s Banks Stand to Gain More From Mobile Money Than MTN
MTN Nigeria, which runs the country’s biggest mobile phone network, won a license from the country’s central bank in July to provide financial services. But replicating the success of MTN’s mobile money offer in east Africa will be a big ask.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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M-Pesa Mulls Joining Nigeria’s Mobile Money Market
Safaricom, a major player in the East African Telco market and mobile money operator, will be considering its prospects in the West African zone with Nigeria as the key driver.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN Nigeria Officially Launches Mobile Money Operations
As its biggest market, the Nigeria launch is seen as a significant move by experts and industry players.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- emerging markets, fintech, mobile money, MTN
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Mercy Corps, MTN Liberia Launch Mobile Payment for PayGo Solar Systems
PayGo enables households to buy quality solar systems and pay in installments instead of outright upfront payment. So far, partner private sector distributors have installed over 1,100 pay as you go systems, improving the lives of rural dwellers, particularly those with children of school-going age.
- Region
- Sub-Saharan Africa
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