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Eastern Africa

Kenyan University Partners with MasterCard & Equity Bank to Launch Alumni Card

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 Read More →

MMU Case Study: Econet Zimbabwe’s Big Mobile Money Ambitions

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 Read More →

ATM Security Takes Centre Stage At Diebold Conference in Kenya

The rising threat of automated teller machine (ATM) fraud, and the innovative technology solutions that financial institutions could adopt to address security challenges, will dominate discussion at tomorrow’s conference in Read More →

Launch of SpotCash to Facilitate Money Transfers to M-Pesa

Tangazoletu Limited recently launched one of its products 'Spot Cash' at the Hotel Starbucks in Karatina town of Central province, Kenya. Speaking during the event, the company's Technical Director Chris Gathingu, Read More →

Kipochi launches first Bitcoin wallet in Africa with M-Pesa integration

Kipochi Ltd has launched a groundbreaking solution that allows people to send/receive BitCoin and convert it to and from an M-Pesa balance. This enables Kenyans to receive money transfers from the Read More →

MoneyGram Signs Money Transfer Agreements with Tanzania and Uganda Post

MoneyGram, a leading global money transfer company, announced that it has signed agreements with Uganda Post Limited (Posta Uganda), and Tanzania Posts Corporation (Posta Tanzania), the most extensive providers of Read More →

StanChart To Launch Islamic Banking In Kenya, Indonesia

Standard Chartered Plc will start offering Islamic banking in Kenya as a springboard into the rest of Africa and it may expand services in Indonesia, its global head of Islamic Read More →

MTN Uganda Revises Mobile Money Tariffs Following New Tax on Money Transfer

MTN Uganda announced revised Mobile Money rates effective July 2nd, 2013. Commenting on this increment, the MTN Uganda’s GM Corporate Services, Anthony Katamba said, “According to the new national budget Read More →

Zimbabwe’s Cattle Bank Takes Live Deposits

An innovative new banking idea is taking hold in Zimbabwe. At Zimbabwe’s first Cattle Bank you can deposit animals as collateral against cash loans. A large portion of rural Zimbabwe is Read More →

TNM and Escom Strike Mobile Payment Deal

TNM has sealed a deal with the Electricity Supply Corporation of Malawi (Escom) which will see TNM customers paying their Escom bills or buying electricity units through TNM Mobile Money Read More →

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