Orange is launching a quick and easy international money transfer service at a competitive price called “Orange Money International Transfer”. The offer is available between Mali, Senegal and Cote d’Ivoire. Every year, 200 million euros are moved between those three countries in the form of money transfers. With the new service, Orange meets the needs
Angola’s economy is expected to expand by 7% to 9% a year over the next decade. It’s one of the fastest growth rates in the world, yet the country’s financial sector is just keeping pace. So it may seem a bit ambitious for Standard Bank de Angola to aim even higher. As part of Africa’s
In line with its commitment to enhance the electronic payment card acceptance infrastructure in Morocco, MasterCard today announced the appointment of M2M SPS, a leading provider of secure e-transaction processing solutions as its Principal Member in Morocco. As a new Principal Member of MasterCard, M2M SPS will be enabling its customers to leverage MasterCard’s acquiring
Air Uganda launched a new revamped booking engine, with improved functionality. The new engine which is now live on the Air Uganda Website was unveiled to the press by the air Uganda management team at their headquarters in Kololo. The new platform which was launched in June this year allows customers to search, book and
Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, has signed a partnership Agreement with Air France which will enable customers to purchase flight tickets from the French airline via Airtel Money. Charles Alexis Boukinda, the Director of Airtel Money Gabon, said: “We are fully aware that a
Kenyatta University has unveiled a new prepaid, PayPass™-enabled card for its alumni body. The KU Alumni Card allows alumni to enjoy discounts with selected partners, ranging from hotels, bookshops and hospitals to insurance companies and mobile phone service providers. The KU Alumni Card allows card holders to transact at over 34 million MasterCard points of
NCR Corporation thas expanded its relationship with PLANAD, Angola, in order to help grow its secure documents business in its Middle East and Africa (MEA) region. PLANAD, one of the largest IT distributors for financial institutions in Angola, will begin implementing NCR Check Bureau solution for its customers. In MEA, check security remains a highly sensitive
Wincor Nixdorf is opening a new representative office in Lagos, the largest city in the western African country of Nigeria. The company is extending its involvement in Nigeria as part of the expansion of its business in the world’s growth markets. Eckard Heidloff, President and CEO of Wincor Nixdorf AG, explained the company’s future presence
Econet Wireless’ mobile money service, EcoCash, has jumped off the starting blocks registering 31% of Zimbabwe’s adult population in just 18 months. EcoCash accounts already outnumber all of Zimbabwe’s bank accounts combined. How has EcoCash achieved such early success? They have combined effective operational execution with an unusually high degree of investment and organisational focus.
Experts predict that mobile banking in the Middle East and Africa will jump from 19,8 million to 82,1 million users by 2017. Over the last five years the developing world has experienced substantial growth in the adoption of mobile technology. Emerging markets offer not only new possibilities for traditional banking but major potential for transformative
