MTN Ghana has reaffirmed its commitment to financial inclusion by making it a core component of its growth strategy. The telco is enhancing its digital platforms, including myMTN and Mobile Money (MoMo), to provide seamless financial services, strengthen partnerships with financial institutions, and expand the MoMo ecosystem. These efforts aim to drive financial accessibility and…
Bayobab has signed a strategic five-year agreement with Infobip to enhance SMS connectivity across Africa. Through this partnership, Bayobab will leverage Infobip’s Communication Platform as a Service (CPaaS) Customer Modules and Routing management to streamline campaign management, API integrations, and analytics, ensuring seamless SMS delivery across the continent. As part of the agreement, Bayobab, a…
AfriGO, Nigeria’s national domestic card scheme powered by Afrigopay Financial Services Limited (AFSL), has announced a strategic partnership with Moniepoint Inc. This collaboration is set to drive the distribution of 5 million AfriGO cards and introduce contactless, tap-to-pay solutions, reinforcing Nigeria’s commitment to a cashless economy. By leveraging Moniepoint’s extensive agent network and robust infrastructure,…
Visa has appointed Michael Berner as the new Head of Southern and East Africa, overseeing operations across 24 markets. He will report to Andrew Torre, Visa’s Regional President for Central and Eastern Europe, Middle East, and Africa (CEMEA), and will remain part of Visa’s CEMEA regional leadership team. Based in Johannesburg, Michael steps into this…
South Africa’s electric vehicle market is expanding rapidly, and with it comes the need for seamless, efficient payment solutions at charging stations. EFT Corporation, in partnership with Rubicon, Visa, and Verifone, is leading this transformation by deploying a cloud-based, open-loop payment system for EV charging stations. This innovation eliminates the need for pre-funded wallets and…
Dashen Bank has partnered with Accion and the Mastercard Center for Inclusive Growth to drive financial inclusion for Ethiopia’s micro, small, and medium enterprises (MSMEs). Through this collaboration, the bank is establishing an innovation hub that will develop digital financial services tailored to the needs of small businesses, with a particular focus on women-owned enterprises….
Absa Bank Kenya, in collaboration with the International Trade Centre (ITC), has launched the Access to Finance Accelerator programme to enhance financial access for women entrepreneurs engaged in export businesses. This six-week initiative is set to provide comprehensive training to empower women with the tools and skills they need to thrive in international trade.
KCB Bank Kenya and UnionPay International (UPI), a subsidiary of China UnionPay, have announced a strategic partnership to enhance e-commerce payment capabilities in Kenya. The collaboration aims to enable UnionPay cardholders to transact seamlessly on digital platforms, marking a significant advancement in the country’s online payment landscape.
