M-Pesa and Onafriq target Ethiopian remittance market

Posted on March 21, 2024 by Guest authors

Safaricom Ethiopia’s M-Pesa mobile money service has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which currently operates in 40 African countries.

Posted in Mobile Finance

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Mobile Finance

LemFi brings remittance services to Kenyans abroad

Guest authors
April 5, 2024
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Remittances are in the news yet again, this time in the shape of LemFi, a cross-border payment solution that allows people in the diaspora to send and receive funds back home. LemFi has announced that it has secured the approval of the Central Bank of …

Mobile Finance

GSMA records 1.75 billion mobile money accounts

Guest authors
March 21, 2024
0

The mobile money market matured as transaction value grew by 14% to US$1.4 trillion and total global registered accounts reached 1.75 billion in 2023, an increase of 12% year-on-year.

Mobile Finance

Visa and GSMA Foundation launch financial inclusion project

Guest authors
February 27, 2024
0

At Mobile World Congress on Monday, payments company Visa and the GSMA Mobile for Development Foundation (a.k.a. the GSMA Foundation) launched the Digital Finance for All (DFA) Initiative to advance digital financial inclusion in developing markets.

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