Remittance deals continue to hog the fintech headlines in Africa. MTN MoMo, Mastercard and Equity Bank Kenya are the latest companies to make announcements about plans to serve the vast African remittance market.
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.