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COVID-19 Drives African States Into Cashless Societies

According to a recent GSMA report, Sub-Saharan Africa is the enduring epicenter of mobile money, adding over 50 million registered accounts in 2019.

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COVID-19 Crisis Lifts Kenya's Mobile Money Usage to $4.2 Billion a Month

The huge surge is attributed to a government measure instituted to curb COVID-19 spread by encouraging the use of mobile money payments.

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Airtel and MoneyGram Partner To Enhance Money Transfer in Africa

The partnership enables Airtel Money’s 19 million customers to receive MoneyGram transfers directly into their mobile wallets from around the world.

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Airtel Africa Connects With WorldRemit to Grow Its Money Transfer Business

Airtel Africa, a telecommunications and mobile money services company, is scaling up its operations with the help of WorldRemit, a digital money transfer service provider, to broaden its instant money transfer services across Africa.

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United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.

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MTN Bolsters Mobile Financial Services Business During COVID-19

MTN today said the spread of Covid-19 epidemic has accelerated the adoption of mobile financial services in Africa.

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Sudan Embraces Digital Payments to Build a More Inclusive Economy

Sudan Joins United Nations’ Better Than Cash Alliance to Drive Financial Inclusion and Transparency

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Impact of COVID-19 on the Online Payment Methods Market in the Middle East & Africa: Report

According to the report, cash on delivery was the leading payment method preferred by online shoppers in Saudi Arabia, Jordan, Egypt, Morocco, Kenya, and other countries in this region, as of 2019.

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Rwanda Waives Charges on Digital Payments

The National Bank of Rwanda has instructed mobile network operators to waive charges on all transfers with bank wallets, person-to-person and merchant fees on payments.

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Kenya: Banks, Mobile Money Agents Are Counting Losses

In response to the economic disruption from COVID-19 pandemic, the Central Bank of Kenya announced a set of directives promoting digital transactions to curb the spread of COVID-19. These directives have significantly impacted the banks and mobile money agencies.