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Zimbabwe Accuses Mobile Phone Operator Econet of Money Laundering
Zimbabwean police have issued a warrant against the largest mobile phone operator Econet Wireless to hand over a list of its mobile money transactions and subscribers because authorities suspect it of involvement in money laundering, according to the warrant.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Report: Nigeria Has Most Active Fintech Market In Africa
The global body of mobile operators, GSM Association (GSMA), has described the fintech ecosystem in Nigeria as the most active in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Crackdown on Mobile Money hits Zimbabwe’s Poor
Restrictions introduced at the end of June on Ecocash, the country’s mobile-money monopoly, by the government of President Emmerson Mnangagwa, have affected millions for whom the platform has all but replaced the hard cash that has vanished in shortages caused by the crisis.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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M-Pesa Dominates Kenyan Mobile Money Market – Will a Challenger Emerge From Telkom-Airtel Merger?
M-Pesa’s mobile money dominance has reportedly swelled to almost 99%
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Report: Kenya Mobile Money Market to Reach US$174 Billion by 2024, Fostered by Ease of Access
In recent years, there has been a rise in the demand for mobile money in Kenya, owing to the increasing internet penetration and boosting sales of smartphones.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Press Release: GSMA Launches Mobile Money Interoperability Test Platform Driving Financial Inclusion in Africa
For over a decade, mobile money has been driving financial inclusion, opening access to digital transactions and giving people the tools to better manage their financial lives. Today, there are more than a billion registered mobile money accounts globally, spread across 290 mobile money deployments that are live in 95 countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyans Embrace E-Gifting as COVID-19 Curtails Gatherings
As Kenya continues its fight against COVID-19, Kenyans have been forced to change their lifestyles in one way or another.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Kenya and Nigeria Are Saving Millions of Dollars With Local Exchanges to Boost Internet Speeds
Having more local points will ensure faster traffic exchanges and translate to better experiences for end users by cutting down on latency.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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