Telenor Microfinance Bank taps Ericsson to expand easypaisa

Safaricom Ethiopia’s M-Pesa mobile money service has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which currently operates in 40 African countries.

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).

Globe Telecom has moved forward with its acquisition of a 50% stake in AB Capital Securities Inc (ABCSI), aiming to strengthen the stock brokerage capabilities of its fintech unit, Mynt, which operates the widely used GCash mobile wallet.