FeaturedFintechVodacom, Alipay partner to launch super-app in South AfricaInternational Finance Business DeskJuly 21, 2020 by International Finance Business DeskJuly 21, 2020 The partnership seeks to introduce advanced mobile solutions to South African customers and merchants... Read more
ExclusiveFinanceAfrica sees surge in mobile money as pandemic continuesPritam BordoloiJuly 3, 2020July 3, 2020 by Pritam BordoloiJuly 3, 2020July 3, 2020 Mobile money is helping African nations curb the spread of Covid-19 by limiting the usage of physical cash... Read more
FeaturedFinanceVisa forays into mobile money in East Africa with Mvisa appInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 Visa in collaboration wit M-Pesa has launched the app in an effort to strengthen its presence in Kenya... Read more
FeaturedTelecomSafaricom, Vodacom complete M-Pesa acquisitionInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The telcos completed the acquisition of the M-PESA brand, along with its product development and support services from Vodafone Group... Read more
FeaturedTechnologyKenya’s value of mobile money transfers increases 34% in Q4 2019International Finance Business DeskApril 1, 2020 by International Finance Business DeskApril 1, 2020 Safaricom’s M-Pesa has recorded market share of 98.8 percent, while Telkom’s T-cash recorded lowest of 0.07 percentage points... Read more
FeaturedFintechAfrica uses mobile money to curb the spread of the coronavirusInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Safaricom removed all fees from its mobile-money platform, M-Pesa... Read more
FeaturedTelecomSafaricom introduces zero transaction fees on M-PesaInternational Finance Business DeskMarch 17, 2020 by International Finance Business DeskMarch 17, 2020 Kenya's banks and mobile money providers are pushing cashless payments to curb Covid-19... Read more
FeaturedTechnologyAfrican tech startups secure $491.6 mn in funding in 2019Pritam BordoloiJanuary 22, 2020January 24, 2020 by Pritam BordoloiJanuary 22, 2020January 24, 2020 2019 also witnessed a 61% increase in the number of investors to reach 261... Read more
TelecomVodafone to turn M-Pesa into a bank to target Africa’s unbankedPritam BordoloiDecember 18, 2019 by Pritam BordoloiDecember 18, 2019 Currently, M-Pesa accounts for 3.5% of Vodacom’s revenue... Read more
TelecomSafaricom’s Mali to take on banks through mobile saving servicePritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The new investment tool, powered by M-Pesa, will offer an interest rate of 10% per year... Read more