Airtel Africa is set to sell an undisclosed minority stake in its Pan-African mobile money business to private equity firm TPG for $200 million (Sh21.9 billion), underlining the huge value of mobile financial service platforms.
Category: Mobile & Telecoms
MTN MoMo to Customers: No Valid ID Card, No MoMo Transactions
Accra, Ghana//- MTN MoMo has announced that effective 2nd April 2021, all MoMo customers will be required to present valid ID cards before any MoMo cash-out (withdrawal) transaction can be processed.
MTN Ghana Promotes Diversity and Inclusion at the Workplace, Launches Podcast
Accra, Ghana –MTN Ghana marked the 2021 edition of the International Women’s Day (IWD) with a virtual activity geared towards promoting Diversity and Inclusion (D&I) at the Workplace
South Africa: Icasa Pledges Sustained Legal Fight Over Telecoms Spectrum
South Africa’s telecoms regulator has vowed “to exhaust all possible legal avenues” after being dealt a blow in court this week, when an order halted the impending auction of high-demand spectrum.
How Next Generation Financial Services Platforms Are Driving Global Financial Inclusion
Cape Town, South Africa//-With the World Economic Forum warning (https://bit.ly/2NntZ7V) of a deepening digital divide that will ultimately exacerbate global inequality, the role of intuitive digital financial services platforms in bridging this divide is becoming more important than ever before.
Ghana: Your Threats Won’t Stop Our Strike – Telecom Workers to Mgt
The Telecom and IT Professionals Union (TIP) in Ghana has stated that it will only rescind its strike action if the National Labour Commission intervenes and address their concerns.
AirtelTigo Money Launches Double Commission Promo to Reward MoMo Agents
Accra, Ghana//-AirtelTigo Money (ATM) has launched the double commission promo to reward its Mobile Money (MoMo) agents across the country.
IDEMIA, G+D and NXP Launch WLA to Offer Smart Card Solutions for Online Payment firms
Munich, Germany//- IDEMIA, Giesecke+Devrient (G+D) and NXP® Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent payment solutions for domestic and private-label payment brands.
MFS Africa Strengthens London Team to Better Serve Banks, Others
London, UK//- Leading pan-African fintech MFS Africa has made a raft of senior hires in its London office to drive new offerings targeted at banks, other financial institutions and global development organizations (GDOs).
Top Six Smartphone Brands to Account for 85% of Global Market in 2021
Due to the impact of the pandemic, global smartphone production plummeted significantly in 2020.