DRC Modernise Payments With New Interbank Card Switch
Orange and Ecobank Launch Money Transfer Service in Africa
Orange and pan-African banking group Ecobank have rolled out a service that will enable Orange Money subscribers who also have bank accounts with Ecobank to transfer money between their respective accounts. The service has already been launched in Mali and will be rolled-out in several other African countries, including Cameroon, Côte d’Ivoire, Guinea Conakry, Niger,
UBA Launches One-Stop e-payment Portal
E-commerce in Africa is set to receive a boost as United Bank for Africa (UBA) Plc has introduced an online payments and collections platform tagged U-bills. The online payment platform has been enabled in all the 19 countries where UBA has operations. U-bills, is a collection and bill payments platform that allows sellers to collect
UBA CEO Urges African Banks To Use US-Africa Business Leaders Summit To Grow Capacity
The Group Managing Director/CEO, UBA Plc Mr. Phillips Oduoza has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders Summit and the enthusiasm about Africa, to grow capacity. According to him, much of the challenges of financing growth and development on the continent lie in
Airtel Africa, BGFI Partner to Expand Money Transfer Service in Africa
Airtel Africa has entered into a partnership with BGFIBank, a financial services institution present in 10 countries, to expand mobile money access to the bank’s customers. The partnership will see Airtel Money become accessible to BGFIBank customers in Gabon, Republic of Congo, Democratic Republic of Congo and Madagascar. Through the agreement, Airtel Money customers that
UBA Subsidiaries Emerge as ‘World’s Best Emerging Markets’ Banks in Africa
Three subsidiaries of the pan African banking group, the United Bank for Africa (UBA) Plc, have emerged as World’s Best Emerging Market Banks in Burkina Faso, Cameroon and Senegal respectively. Specifically, UBA Burkina Faso, UBA Cameroun and UBA Senegal were considered the best in their various countries of operations by Global Finance magazine in an
FTS and Camtel Expand Convergent Billing Relationship
FTS, a global provider of billing, charging, policy control and payment solutions, has announced that it has extended its relationship with national telecommunications provider Cameroon Telecommunications (Camtel). Camtel has signed a significant licensing expansion contract and renewed its agreement with FTS for convergent charging and billing support. FTS is also due to implement a major
MTN and Ecobank Partner to Improve Access to Mobile Financial Services
MTN Mobile Money users, who are also Ecobank customers in 12 African countries, will soon be able to withdraw cash from Ecobank ATMs. They will also be able to transfer money between their Mobile Money and Ecobank accounts. The service was piloted in Ghana last month, and will soon be launched in Benin, Cameroon, Ivory
MasterCard Enters Seven New Markets in Africa
MasterCard has announced its expansion into seven new markets across Central and West Africa, increasing its acceptance footprint across the continent and securing a number of strategic agreements. The addition of Chad, Central African Republic, Guinea-Bissau, Liberia, Sierra Leone, Rwanda and The Gambia to the MasterCard network extends the company’s presence to 48 of the

