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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
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- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel is banking on its 40 million subscribers to operate the largest and secure mobile money platform in Nigeria
Airtel says it is banking on it over 40 million customers and its retail footprint across major regions in Nigeria to drive financial inclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South Sudan okays plan to expand mobile money services
Most people in South Sudan’s capital have been relying on small unlicensed mobile operators to transfer money enabled by the platform created by MTN Uganda and Kenya’s M-Pesa platforms.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN is planning to launch its mobile money service in Nigeria next year
The company will apply for a mobile banking license in Nigeria and plans a launch of its mobile money service in Africa’s largest economy in the second quarter of next year, its CEO said at a trade show in Cape Town on Tuesday (Nov.13).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Visa strengthens East Africa presence through partnership with Tanzanian telecom firm
Through the partnership, HaloPesa will offer consumers the option to pay a merchant with interoperable Visa QR Codes that are being rolled out as part of Visa on mobile expansion in the market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenya sets aside funds to develop domestic mobile phone industry
Kenya’s minister of information, communication and technology said on Tuesday that the government had set aside 1 billion shillings ($9.90 million) to help local start-ups in the mobile telephone software and hardware segments to grow.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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SoftBank and Singtel are leading a pre-IPO $1.25 billion investment in Africa’s No.2 mobile phone company
Money raised from going public, alongside some of the new funding, will go towards cutting down the company’s existing $5 billion debt.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africans Fear Trend Toward Taxes on Data, Mobile Money
The telecom companies say taxes on mobile payments introduced by a string of countries hurt their revenues and threaten much-needed investment in infrastructure.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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