East Africa

Kenya: Vivo Energy, Airtel Money Sign Pan African Partnershi

APRIL 162014 Shellbranded fuels and lubricants distributor Vivo Energy and Airtel Money have partnered in 16 African markets in an Africanwide agreement meant to strengthen both companies footprint Vivo Energy will be hoping to gain from Airtels footprint in the region that has over 27 million registered users and over 250000 registered users while the telecom will have a platform to operate from in Vivos 1430 shell branded service stations in 15 countries According to the agreement Shell and Airtel shall collaborate in usage of Shell service stations as Cash In and Cash Out points for Airtel Money customers Airtel Money will be an...[...read more]

Filed Under East Africa

KENYA:3 firms licensed to ride on Airtel mobile network

APRIL 142014 CAPITAL FM Competition in the telecommunications sector is expected to go a notch higher after the Communications Commission of Kenya CCK issued three Mobile Virtual Network Operator MVNO licenses The concept is aimed at giving smaller enterprises the opportunity to set up and provide mobile cellular services without the need to heavily invest in the rollout of infrastructure The three licensees include Finserve Africa Limited Zioncell Kenya Limited and MobilePay Limited which will all be hosted by Airtel Kenya The companies have been awarded the MVNO licences under the Application Service Provider ASP category of the ...[...read more]

Filed Under East Africa

TANZANIA:17 banks team up with Tigo to facilitate money tran

APRIL 142014 Working to better service provision in mobile money transfer a leading telecommunication company Tigo Tanzania has launched an innovative service that enables its subscribers to deposit and transfer money across 17 major banks across the country The service enables Tigo Pesa customers to deposit and transfer money from their Tigo Pesa accounts to their bank accounts or vice versa all via their mobile phones Speaking in Dar es Salaam shortly after the launch of the service mid this week Tigos Head of Financial Services Andrew Hodgson said The new service embodies our desire to give Tigo customers the true experie...[...read more]

Filed Under East Africa

‘Mobile money security is Kenya’s next big challenge’

Vincent Matinde ITWEBAFRICA APRIL 092014 Attention needs to be paid to the security of mobile money systems in Kenya especially with the licensing of three virtual network operators in the country say experts Kenya has the worlds largest mobile money market as the country is home to over 25 million users of the transfer system according to the local telecoms regulator The system has become so entrenched in Kenyan financial life that the Kenya Bankers Association KBA says 48 of the countrys citizens use mobile money to pay for key bills such as utilities But the mobile money market in Kenya is set to heat up after the Communications Au...[...read more]

Filed Under East Africa

Kenya: Mahindra Comviva Joins Globalplatform

APRIL 082014 CIO EAST AFRICA PRESS RELEASE Mahindra Comviva has become the newest member of GlobalPlatform an organization which standardizes the management of applications on secure chip technology As an Observer Member Mahindra Comviva will take a keen interest in the activities of the GlobalPlatform Advisory Council and the Mobile Task Force which work to understand the business requirements of the secure mobile services ecosystem and aims to ensure an agreed and workable application management infrastructure is established Mahindra Comviva firmly believes that there will be an augmented demand for adoption of technologies like near f...[...read more]

Filed Under East Africa

Safaricom out of race for yuMobile

APRIL 042014 DAILYNATION Telecoms service provider Safaricom Thursday threw a spanner in the works in yuMobiles buyout plans insisting that it was already out of the race to acquire the latters assets by the time the market regulator set tough conditions for the deal Safaricoms chief executive Bob Collymore said his company was not looking at the conditions that the Communications Authority of Kenya CAK had set to accept or reject them but was instead studying them for any possible avenue of going back to the transaction I said last week and still maintain that Safaricom is no longer interested in this deal The decision we must ...[...read more]

Filed Under East Africa

KENYA:Authority plans common cashless PSV fare system

APRIL 042014 BUSINESSDAILYAFRICA The National Transport and Safety Authority NTSA is considering integrating cashless fare payment systems from different service providers in the public transport sector A number of firms includingSafaricomLipa na MPesa Google in partnership withEquityBeba pay a Hong kong firm TapTopay that has partnered with the Kenya Bus Service KBS to pilot the prepaid plastic called Abiria Card have introduced cashless payment methods ahead of a planned government ban on cash transactions on public transport from July Visa is also reported to be eying a piece of the Sh205 billionKenya public transport industry ...[...read more]

Filed Under East Africa

KENYA:Regulator sets tough conditions for mobile firms

MARCH 312014 BUSINESSDAILY Safaricomchief executive Bob Collymore is facing hard options following last Fridays approval of his companys quest to acquire rival yuMobiles assets under tough conditions Mr Collymore has to carefully weigh the possible impact of some of the set conditions on Safaricoms business against any advantages the firm may derive from taking over yuMobiles assets Telecoms sector regulator the Communications Authority of Kenya CAK on Friday set 13 conditions that Safaricom Airtel and Essars yuMobile must meet to complete the planned takeover of assets key among them the opening up Safaricoms MPesa agency network to r...[...read more]

Filed Under East Africa

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