Irish FinTech, Pipit Global Partners with Pan-African Fintech Cellulant to power cheaper and safer means for Africans in the EU and UK to send cash to their families at home in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana According to reports by the BBC, about 8 million Africans live abroad. That number is projected
New report: Worker payments digitization for economic recovery and decent work In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive their wages digitally if this gave them access to health insurance.
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global
First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. The event which was held in Lagos recently was themed “Advancing ePayment and Digital Innovations in Africa- Evolution of Nigeria’s Payment Systems”. The seminar was
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,
Azimo, the online money transfer service, announced that customers across Europe can now send money to recipients in Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo in West African CFA francs for instant cash pick-up. Michael Kent, CEO of Azimo, explains that: “Together these 8 countries have a combined population of over
Ericsson announced that Tigo Senegal has launched Tigo Cash service based on the Ericsson Wallet Platform Solution. The rollout brings simple, mobile financial services to Tigo Senegal’s subscribers throughout West Africa, including those who do not have access to traditional banking services. Ericsson Wallet Platform supports the launch of services that makes sending money as
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
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
