The Communications Authority of Kenya (CA) said the telecoms sector is now a critical element in the country’s economy, as it revealed strong figures relating to mobile payments for goods and services. In a report, CA noted the telecom industry’s contribution to Kenya’s broader economy laid a foundation for growth in mobile money services. The...
264 search results for: mobile money
Africa Most Expensive Place to Send Money, Says Report
By Dorothy Nakaweesi, the Monitor Kampala — Sending remittances to Africa is more expensive than anywhere else in the world, a new global report has shown. The report – Reducing the costs and scaling up service provision for remittance flows from the UK to Africa’ – was published last week at the Global Remittances Conference in...
Ethiopia mobile internet still off after a week
© AFP/File / by Chris Stein | Ethiopia is among the least-connected countries in Africa, with only about 12 percent of people online, the International Telecommunications Union reported in 2015 ADDIS ABABA (AFP) – Ethiopians were still unable to surf the web via mobile networks on Tuesday, despite government claims the nationwide internet shutdown, which began a...
Opera reaches 100 million users in Africa, releases State of Mobile Web Report, Africa 2016
JOHANNESBURG, South Africa- Internet company Opera, has released its State of the Mobile Web Africa 2016 Report, highlighting mobile internet trends across the continent, including consumer browsing behaviour and app usage. Opera – known for its compression technology and mobile browsers, including Opera Mini – compiles regular global mobile web reports, shedding light on opportunities...
Africa calling: mobile phone revolution to transform democracies
Explosive growth in mobile broadband use across the continent is improving transparency and giving a voice to citizens Tribesmen in Samburu national reserve in Kenya’s Rift Valley. There are more phones than adults in most countries on the continent. Photograph: Alamy Murithi Mutiga and Zoe Flood in Nairobi Mobile phones will account for almost one-tenth...
Africa: Standard Chartered launches Africa’s most extensive roll out of mobile and online banking
LONDON, — Standard Chartered Bank (www.SC.com) is bringing its newest mobile and online banking platform to 1 million clients across 8 African markets, the most extensive digital rollout of its kind in Africa by an international bank. Supported by the Bank’s global-standard technology, clients will enjoy a consistent online experience across laptops, tablets or mobile...
Future of banking in Africa is mobile
By Peter Schlebusch “In the next three to five years the vast majority of our transactions will be performed on smart-mobile devices.” Retail banking is experiencing a seismic shift in customer behaviour thanks to the digital revolution that continues to effect fundamental changes in the way businesses and individuals transact. Nowhere is this metamorphosis in...
Ethiopian Airlines Goes Mobile
by: Afia Owusu-Nyantakyi Addis Ababa- Ethiopian Airlines has announced the commencement of mobile payment for online ticket purchases in Ethiopia. The new service is powered by the payment service provider, FloCash and was made possible through the cooperation of the Commercial Bank of Ethiopia (CBE). The service will be available to customers in Ethiopia and...
Religion and money: is Islamic banking the way forward for Ethiopians?
What happens when it’s not just a lack of physical banks preventing communities’ access to financial services, but ethical issues too? Rural Ethiopia has a 125,000:1 person-to-bank branch ratio. Photograph: Mercy Corps Islam is the world’s second largest religion with more than 1.5 billion followers, making up more than 23% of the world’s population. Of...
Visa MasterCard moving into mobile pay in Africa
NEW YORK (AP) — Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want to get a slice of that market, and are launching card services aimed at Africa’s growing mobile payment industry. VISA CARD...


