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OROBO and OpenWay to Power Cross-Border Money Transfers to West Africa

OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross-border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa. The WAY4 Read More →

Launch of Mobile Money Interoperability in Ghana

The use of mobile money has witnessed exponential growth over the past 9 years; with a year on year increase in the number of mobile money accounts as well as Read More →

Mastercard and M-KOPA Unveil Payment Technology to Extend pay-as-you-go Solar Program in Africa

Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses. M-KOPA, which already provides affordable, safe Read More →

Mobile Money Deposits in Ghana Hit GHC2.3b in 2017

The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana. The amount represents a Read More →

Barclays Africa Group and Frontclear Partner to Develop Africa’s Interbank Markets

Barclays Africa Group Limited (BAGL) has signed a 2-year agreement to provide financial support to the Frontclear Technical Assistance Programme (FTAP) through the latter’s Partnership Facility. The contribution reflects the Read More →

Gemalto to Provide Ghana Central Bank with PURE Payment Technology

Digital security provider Gemalto is providing its PURE white-label payment solution to Ghana Interbank Payment and Settlement Systems, a subsidiary of Ghana’s central bank that manages the country’s interbank payment Read More →

Digital Payments Could Save Ghana Over GHS 1 billion Within Next Four Years

At an event bringing together key government and business players, the Ghana’s Ministry of Finance and the UN-based Better Than Cash Alliance released a report documenting the country’s progress in creating Read More →

Allied Exchange Africa Launches a Cross-Network Mobile Money Platform

Allied Exchange Africa Ltd. has launched its novel digital payment platform, ALEXpay to overcome the lack of cross-network fund transfer and interoperability which currently inhibits the potential of mobile money Read More →

Move on UT and Capital Banks was Strategic says GCB Bank MD

The Managing Director of GCB Bank, Mr. Anselm Ray Sowah, says assuming the management of UT and Capital Banks is a strategic move in the interest of the Bank. “It was Read More →

Ghana: Mobile Money Fraud on the Rise

Corporate Executive of MTN Ghana, Mrs. Cynthia Lumor, has warned customers and subscribers of the mobile money service against sharing their pin numbers with vendors or agents. According to her, no Read More →

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