Network International and Blu Penguin enabling mobile money transactions in Ghana

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.

Yet another financial innovation using mobile telecommunications has been introduced in Africa. This time, it’s an investment product from Uganda’s MTN Mobile Money (MTN MoMo), a mobile financial service provider.

M-Pesa Safaricom said on Thursday it is partnering with Dashen Bank and CashGo to launch a new international remittance service in Ethiopia that enables users to receive money from abroad directly into their M-Pesa mobile wallets.