MTN Nigeria says it has taken full ownership of Mobile Money Payment Service Bank (MoMo PSB) after buying the 7.17% share owned by Acxani Capital for around NGN6.95 billion (US$4.36 million).
In a move it says is set to “boost the transition towards a cashless economy and support the national digitalisation agenda”, UAE operator du has announced the launch of du Pay, offering what it calls transformative fintech solutions for UAE…
Ethio Telecom has partnered with Awash Bank to launch Tila, a new digital credit, savings and device-financing service available through the operator’s Telebirr mobile money platform.
Remittance deals continue to hog the fintech headlines in Africa. MTN MoMo, Mastercard and Equity Bank Kenya are the latest companies to make announcements about plans to serve the vast African remittance market.