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MTN brings mobile money ‘ATMs’ to Ghana
When this new module is introduced, customers will not necessarily have to visit mobile money vendors to transact business.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Tunisia operators make mobile money interoperable
Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.
- Categories
- Finance
- Region
- North Africa & Near East
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Kenya mobile phone firms to offer cross-network cash transfers
Subscribers of Safaricom, Airtel and Telkom will be able to transfer and receive cash from one mobile network to another, the companies said in a joint statement published in the Business Daily newspaper.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN’s record Ghana IPO is seen drawing Africa-focused funds
“The offer will generate a lot of global interest,” Boahen said by phone from the capital, Accra. “If you see the numbers, it’s a very profitable company. MTN has a dominant market position and a lot of investors will like to get a piece of the fast-growing telecom sector.”
- Region
- Sub-Saharan Africa
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With revamped T-kash, Telkom Kenya aims to challenge Safaricom’s dominance
Telkom Kenya relaunched a mobile financial services platform on Monday that it hopes can challenge Safaricom’s dominance of Kenya’s lucrative mobile money market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Report: Africa’s mobile money operators lean towards regional interoperability
Although mobile money interoperability inside most African markets is staggered, mobile money platforms in East, West and Central Africa have opened up cross border mobile money transfers.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uganda telecoms, government fight over Shs44 trillion mobile money industry
While Uganda has multiple telecom companies, the fight to defend business secrecy appears to have been left to the two telecom giants -- MTN Uganda, which says it controls 55% of the telecom market share or about 11.2 million subscribers, and its main challenger; Airtel Uganda.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Huawei initiative focuses on connecting emerging markets to wireless networks
Huawei is looking to help local carriers, governments, and industry to deploy wireless networks in emerging markets and rural areas, spruiking its solutions and partnerships.
- Categories
- Technology
- Region
- Asia Pacific