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Tag: mobile money
Bank of Uganda prices mobile money licences at UGX 25 mln per year
2021-05-31 11:15:00| Telecompaper Headlines
(Telecompaper) The Bank of Uganda has set UGX 25 million as the amount that telecom operators will have to pay for an annual licence to operate as a payment service...
Ethio Telecom launches mobile money services as new entrants miss out
2021-05-12 02:00:00| Total Telecom industry news
Ethio Telecom has now announced its first foray into the realm of mobile financial services, a sector booming across the entire African continent. The service, named TeleBirr, will allow customers to make cashless transactions, including sending and receiving money, depositing and withdrawing cash from selected locations, paying bills, and receiving cash sent from abroad. Part of the motivation here is to allow the country&rsquo…read more on TotalTele.com »
Tags: out
services
money
mobile
Airtel Africa signs USD 100 mln deal giving Mastercard minority stake in mobile money arm
2021-04-01 13:50:00| Telecompaper Headlines
(Telecompaper) Airtel Africa has announced an agreement under which Mastercard will invest USD 100 million in Airtel Mobile Commerce, a wholly owned subsidiary of Airtel Africa...
Tags: money
mobile
deal
africa
Airtel Africa sells stake in mobile money business to TPG's Rise Fund
2021-03-18 09:08:00| Telecompaper Headlines
(Telecompaper) Airtel Africa announced the signing of an agreement under which The Rise Fund, the global impact investing platform of TPG, will invest USD 200 million in Airtel Mobile Commerce...
Tags: business
money
mobile
africa
Kenyan banks lose KES 1.2 bln card payment revenues to mobile money since March 2020
2021-01-21 09:31:00| Telecompaper Headlines
(Telecompaper) Top banks in Kenya have warned of an expected significant drop in net earnings for the year 2020, citing deteriorating economic conditions and the...