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TerraPay and Instant Cash team up for mobile wallet expansion

Published 28 Aug 2017 14:27 CET | Africa, Nigeria, Tanzania, United Republic of, Uganda

TerraPay and Instant Cash have teamed up to enable real-time cross border money transfers to mobile wallets in Nigeria, Tanzania and Uganda. Powered by TerraPay's global ...

Sub-Saharan Africa accounted for half of global mobile money deployments in 2016

Published 21 Jul 2017 15:37 CET | Africa

The GSMA recently published its 2016 State of Mobile Money in Sub-Saharan Africa. The report shows that while in 2006 28 percent of all global mobile money deployments were ...

Dutch VoIP app Talk360 sees success in Africa

Published 27 Mar 2017 12:32 CET | Africa, World

The Dutch company RingCredible launched a few years ago a cheap alternative for international calls. A year after its launch, the app had passed 1 million downloads, and ...

Ecobank continues to expand its mobile payment reach across Africa

Published 05 Dec 2016 09:45 CET | Africa

After a recent deal with Mastercard Ecobank continues to expand its mobile payment reach by signing a deal with Visa on rolling out the mVisa service. The two services offer ...

Ecobank and Mastercard mobile payment deal aims to bring more small businesses into the formal sector

Published 24 Oct 2016 13:43 CET | Africa

The Ecobank Group has signed a Memorandum of Understanding (MoU) with Mastercard to roll-out Masterpass QR, a mobile payment solution, across 33 African countries. This new ...

Lycamobile charts expansion into emerging markets and OTT services

Published 29 Apr 2016 09:41 CET | Africa, Canada, Eastern Europe, Europe, Spain, Tunisia, United Kingdom, United States

Just like traditional operators, MVNO Lycamobile is diversifying and expanding into OTT services in order to offer more value to its customers. In the last six months, the ...

African mobile market consolidation gets underway in search for growth

Published 10 Feb 2016 12:31 CET | Africa

The African mobile market has started a new round of consolidation, with Orange taking the lead as others such as Airtel and Millicom (Tigo) narrow their focus. In the past ...

Mobile money in Africa is more than M-Pesa

Published 06 Nov 2015 14:35 CET | Africa, Cameroon, Cote d'Ivoire, Ghana, Uganda

Although M-Pesa in Kenya is undoubtedly the most successful mobile money scheme in Africa it is far from the only one. Recently three large mobile operators announced growth ...

Vodafone and MTN partnership: a step in the right direction for international mobile money

Published 24 Apr 2015 15:57 CET | Africa

Recently Vodafone group and MTN have signed an agreement to interconnect their mobile money services to enable customers of MTN Mobile Money and M-Pesa in East Africa to ...

Orange pushing forward with its mobile money offerings

Published 17 Oct 2014 11:26 CET | Africa, Europe

Orange is pushing forward with its various mobile money offerings. It will soon offer Africans living in France another way to help their relatives in Africa with a new ...

MTN Mobile money increased number of subscribers in H1 2014

Published 15 Aug 2014 13:11 CET | Africa

MTN Group recently announced its interim results, including a 24 percent increase of its mobile money users. MTN only provides small amounts of information on selected ...

Better consumer education should lead to higher mobile money uptake in West Africa

Published 30 May 2014 15:44 CET | Africa

Adoption of mobile money has been much slower in West Africa than in East Africa. Sabine Some-Mensah from business consultancy Digipact International discussed the reasons ...

Remittance agencies teaming up with mobile payment providers

Published 21 Mar 2014 14:04 CET | Africa

Safaricom has recently signed a deal with Moneygram while Western Union added Nigerian mobile payment platform Paga to its list, allowing people in many countries to directly ...

Mobile money industry state of play – GSMA report

Published 07 Mar 2014 09:33 CET | Africa, Asia, Latin America

GSMA published its latest mobile financial services for the unbanked State of the Industry report 2013 at the MWC in February 2014. The report shows a growing industry, not ...

Mobile Money is a networking game - CGAP

Published 21 Mar 2013 09:24 CET | Africa

People connected to other mobile money users are more likely to adopt mobile money themselves. Mobile 'power users' embrace mobile commerce as well. Operators could identify ...

GSMA reports on its first Global Mobile Money Adoption Survey

Published 16 May 2012 16:28 CET | Africa, Asia, Latin America

The GSMA has published the main results from its first Global Mobile Money Adoption Survey, carried out during June 2011. It shows that the number of deployments has risen ...

Obopay adds new business model to its range

Published 30 Jun 2010 16:44 CET | Africa, Senegal

US based Obopay has teamed up with French bank Societe Generale to offer a mobile payment service to customers in Senegal. They aim to expand the service to other parts of ...

Zain's mobile commerce service Zap expands further into Africa

Published 14 Jan 2010 14:34 CET | Africa, Kenya, Malawi, Niger, Sierra Leone, Tanzania, United Republic of, Uganda

Kuwaiti based mobile operator Zain has expanded its mobile commerce service Zap in Sub Saharan Africa from three to six countries. Recently added were services in Niger, ...

2009 Overview of mobile financial services in emerging markets

Published 10 Dec 2009 14:27 CET | Africa, Asia, World

If we were to make a brief generalization with regard to the evolution of the mobile financial services market throughout the year which is now coming to a close, we can ...

MobileMoneyAfrica set up to educate about mobile money in Africa

Published 12 Nov 2009 12:31 CET | Africa

Although M-PESA is a well documented success case in the African mobile payments space, mobile money is happening in many other African countries as well. MobileMoneyAfrica ...

MobiCash: contactless mobile payments system that doubles as merchant POS

Published 01 Oct 2009 12:14 CET | Africa, South Africa

When it comes to mobile payments adoption and mobile-based financial services, Africa has emerged as a promising market. While still in the early stages of development, the ...


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