Mobile-money

Safaricom's mobile money platform M-PESA turns 18

The telco says M-PESA is now available in over 170 countries and serves over 70 million customers.
Nixon Kanali
1:30

Safaricom M-PESA partners health ministry to digitise payments

The aim of the project is to increase financial inclusion, streamline healthcare payments, and improve service delivery across the country.
2:50
26 Feb

Visa eyes $1.3 trillion digital opportunity in Africa

Already leading the world in the field of mobile money, Visa says there is great potential for digital payments and cryptocurrencies in Africa.
1:50

MTN Group Fintech chooses Network as payment processing partner

The partnership will focus on rolling out card issuance products across key MTN Fintech markets, starting with Rwanda which is already operational.
2:10
17 Feb

M-PESA offers $55m in credit, nonperforming loans daily

The mobile money platform provides more than $55 million in loans each day, with a nonperforming loan level of less than 2%.
1:40
Jan 31, 2025

AXIAN gets $160 AfDB funding to spur digital evolution

The financing will help the telco modernise and expand its network infrastructure, with a focus on 4G and 5G deployment, while also enhancing digital innovation.
3:00
Jan 31, 2025

Mobile Money boosts Airtel Africa Q3 earnings

The telco's third-quarter mobile money transaction value increased by 33.3% in constant currency, to $146 billion on an annualised basis.
1:30
Jan 31, 2025

Farai Tigere leads EFTCorp Zimbabwe operations

The company said his significant experience and local knowledge ideally equip him to navigate Zimbabwe's economic landscape.
1:10
Dec 5, 2024

M-PESA hits 34 million customers in Kenya

M-PESA, which turns 18 in March 2025, has grown over the years from a payment and transaction platform to a financial ecosystem that provides credit and savings.
2:50
Nov 8, 2024

Safaricom's M-PESA attains top marks in interim results

In the current reporting period, M-PESA contributed 42.9% of Safaricom's service revenue, totalling $600.09 million.
2:10
Oct 29, 2024

Latitude 59 Pitch Competition back with €1m prize for African start-ups

The competition targets early-stage business-to-business start-ups with proven traction and core teams based in Africa.
2:00
Oct 11, 2024

Airtel Malawi's MD reassigned to lead Airtel Tanzania

Kamoto has worked for Airtel Malawi for 10 years, transitioning from chief commercial officer in 2014 to managing director in 2016.