Digicel Pacific announced on Wednesday that it has launched a ‘Pacific Transfers’ service for its MyCash mobile wallet that it says enables direct, fast and relatively cheap money transfers via mobile between users in Fiji, Samoa, Tonga and Vanuatu.
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.
Orange Money Group has expanded its mobile money offering by introducing small loans, following a new partnership with financial services platform Jumo.
Vodacom Lesotho has expanded its M-Pesa mobile money service to all users in the country, regardless of which mobile network they subscribe to, in a bid to increase financial inclusion.