MTN Uganda announced plans on Wednesday to hold an extraordinary general meeting (EGM) on July 2 to discuss and vote on the proposed spinoff of its mobile money and fintech business, MTN MoMo, from its core telecoms operations.
Vietnam’s mobile money service is reportedly set for a major upgrade from pilot mode to full-fledged service that, among other things, will see transaction caps raised to ten times the current amount.
A remittances-focused partnership has been announced that could see the expansion of M-Pesa, the continent’s leading mobile money and digital payments service, to West Africa.
Orange Egypt has partnered with Egyptian online gold trading platform mnGm to launch what they say is the country’s first digital platform for gold trading services using mobile wallets.