Last week, we examined the impact of mobile money in Africa, exploring the runaway success of M-Pesa in Kenya by framing this against the broader backdrop of the continent, where mobile money has frequently been touted as the solution to financial inclusion.
Safaricom continues to enhance the offering of its recently launched Ethiopian service. The latest innovation is a payment system aimed at entrepreneurs, businesses and government.
Operator Tigo Tanzania has partnered with DCB Bank to expand financial inclusion for the unbanked through a service partnership that will enable customers to access the bank's services through mobile payment service Tigo Pesaʼs network of mobile money agents.
Mobile money is one of the great success stories in Africa – or at least, this is the popular narrative around the technology. In this two-part series of Features, we will examine mobile money’s impact in Africa, and the extent to which it really has revolutionised financial inclusion in the continent.
Mobile operator Hutch Lanka has announced a strategic partnership with payments company Bancstac to enable new payment acceptance capabilities across all of Hutch’s digital payment channels in Sri Lanka.