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.
Nixon Kanali
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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.
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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.
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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.
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Ethiopian fintech, Kifiya, makes history
Kifiya is the first Ethiopian company to win a silver award in Africa's product innovation category at the Global SME Finance Awards.
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PalmPay launches USSD service for Nigerian consumers
The USSD service will allow PalmPay customers to conduct transactions without connecting to the internet.
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Flutterwave expands into Africa with new Uganda license
The Bank of Uganda gave the unicorn firm a Payments System Operator license, expanding its reach to 29 African countries.
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MTN partners UCU to produce Ugandan tech-savvy professionals
Since its introduction in Uganda, the MTN Skills Academy, which is part of the telecoms giant's larger Digital Skills for Digital Jobs project, has enrolled over 1,420 youth.
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Cameroon deploys SchoolMap to simplify tuition payment
Students who fail to sign up on the new platform by December 15, 2024, will be unable to pay tuition.
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Vodacom's Joosub meets Ethiopian telecoms regulator
The visit came as Safaricom announced it is focusing on growing operations for Ethiopia's digital future, which would be important in driving growth.
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MTN Nigeria takes full control of MoMo bank for $4.6m
The telecom provider said this deal will simplify and strengthen MoMo PSB operations.
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Ghana's Addo mobile money plan gets AU thumbs up
He informed the AU delegations that mobile money was the perfect key to improving trade among member nations and creating the single market, which is also being promoted under the African Continental Free Trade Agreement.