Ethio Telecom enhances remittance with Visa

MTN Uganda Mobile Money managing director and CEO Richard Yego revealed the operator is aiming to almost double its loans to UGX1 trillion (US$256,000) this year. 

Operator Ethio Telecom, in partnership with Siinqee Bank, an Ethiopian provider of banking and microfinance services, has launched a new range of mobile financial services and smartphone financing solutions.

Safaricom and Mastercard announced on Thursday that they have signed a partnership to accelerate adoption of payment acceptance and cross-border remittance services in Kenya.