Category Archives: News

KENYA: AIB Mobile shares trading platform unveiled

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BY KAREN MBUGUA THE STAR No one knew that the invention of mobile phones would bring about such revolution in business. It has made transacting business easier and faster and now AIB Capital have jumped on board. At the Crowne Plaza, Upperhill, in Nairobi on Wednesday evening, they launched AIB Mobile, the first interactive mobile-based

TXT N Pay Service Launched by Ghana Post

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The Ghana Post (GP), in collaboration with the Afric-Xpress, yesterday, launched the (Text and pay) TXT N Pay service in Accra. The express service is an electronic pay point for products and services including DSTV bills, Vodafone land line, broadband and the sale of air-time top up. In an address to launch the product, the

Tanzania central bank calls for mobile financial services

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BY XINHUA A senior official at the Tanzania’s central bank, the Bank of Tanzania (BOT) has called for expansion of mobile financial services with a focus on delivery of credit, basic savings and insurance services, local media reported on Thursday. Ms Natu Mwamba, BOT deputy governor for economic and financial policies, was quoted by the

Mobile banking takes off in Rwanda

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BERNA NAMATA THE EASTAFRICAN BANKS IN Rwanda are turning to mobile phones in an effort to improve service delivery and cut costs as competition intensifies It is now possible to pay electricity bills, top up airtime, order cheque books, pay DSTV bills and transfer money using a mobile phone. This is in sharp contrast to

Airtel Ghana Colloborates With Rancard To Launch Airtel Money Market-An Online Store For The Market

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Airtel Ghana has added further value to its mobile commerce product, Airtel Money, by launching the Airtel Money Market (www.airtelmoneymarket.com), an online portal aimed at providing additional channels for Airtel Money customers and merchants. The Airtel Money Market runs on Rancard’s Rendezvous Technology product which allows Ghanaians to use social interactions and contributions from trusted

SOMALILAND’S MOBILE PAYMENTS BOOM

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MONTY MUNFORD THE KERNEL As Somaliland celebrates its 21st birthday, Africa editor Monty Munford reports on the nation’s mobile payment revolution. Today is the 21st birthday of self-proclaimed African republic Somaliland, which was born after an ill-fated union with Somalia that was compounded by the collapse of that country’s political system in 1991 and the

Tunisia: La Poste Tunisienne and Tunisiana launch mobile banking service

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MFW4A.ORG The Tunisian Mail (La Poste Tunisienne) has entered a partnership with mobile phone operator Tunisiana to launch a new mobile banking service in Tunisia. The Tunisian Mail (La Poste Tunisienne) has entered a partnership with mobile phone operator Tunisiana to launch a new mobile banking service in Tunisia. Called Mobiflouss, it is a new

Mobile money misery

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Rory Cellan-Jones BBC Technology correspondent @BBCRoryCJ via Twitter Wouldn’t it be great if you could leave your wallet at home and pay for everything with your mobile phone? Well, OK, not everybody is in love with the idea of the cashless society, but the march of mobile money seems unstoppable right now. Or does it?

Plextek and RedCloud complete acquisition of Iceni Mobile

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Plextek Limited, Europe’s leading independent business, product innovation and design consultancy and RedCloud Technology Limited, a leading investor in mobile financial services in emerging markets, today announced that they have entered into a definitive agreement to acquire the Intellectual Property Rights of Iceni Mobile Ltd including the mobile payments system (the I2S platform) developed by

Ghana: MTN, UT Launch ‘Mi-Life Mobile Insurance

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ERNEST BEST ANANE The Chronicle MTN, the largest telecom network in Ghana, in collaboration with the UT Bank, has launched Mi-Life Insurance in Kumasi. Mr. James Bukari, Commercial Manager of Sales, explained at the launch that MTN had realised several products like vehicle traffic devices, Mobile money and others to help their customers not to