MasterCard and Ecobank Announce Multi-country Agreement in 28 Sub-Saharan African Countries

Posted on by wademinnie | 47194 Views | 14 min read

Ecobank Transnational Inc. and MasterCard, have announced a multi-country licensing agreement which will provide access to MasterCard’s electronic payments solutions for Ecobank’s customers in a further 23 African countries. The agreement is the culmination of a Memorandum of Understanding (“MOU”) originally signed in November 2011, and importantly, enables electronic payments access to more than 60%

Ecobank Signs Agreement to Support SME’s with the African Guarantee Fund

Posted on by wademinnie | 18118 Views | 8 min read

The official signing ceremony for a co-operation agreement between Ecobank Transnational Incorporated (“Ecobank”), the leading pan-African banking group, and the African Guarantee Fund (“AGF”) to promote and support small business across Sub-Saharan Africa occurred recently. Under the terms of this USD 50 million agreement, the two institutions will work together to unlock the potential of

EMP Brings Electronic Payment Card Processing to Cameroon

Posted on by wademinnie | 18668 Views | 7 min read

Emerging Markets Payments (EMP), an electronic payments card processing company in the Middle East and Africa, announced today that it has been appointed to provide electronic payments processing for taxes and customs fees at the Port of Douala in Cameroon. EMP has committed to pilot the service from next month, with the full launch scheduled

Orange and Total partnership to distribute Orange Money in Africa and the Middle-East

Posted on by wademinnie | 13514 Views | 8 min read

Orange and Total have signed a partnership giving Orange customers access to Orange Money services at all TOTAL service stations in African and Middle-Eastern countries where the two groups are present and Orange Money is available, a total of 13 countries to date. Orange Money is Orange’s payment and money transfer service for Africa and the

Aftab Currency Extends its Remittance Network to Kenya, Nigeria and Cameroon

Posted on by wademinnie | 11439 Views | 3 min read

Aftab Currency Exchange, a remittance and foreign exchange brand with a presence in three continents, has strengthened its bonds with Airtel Communications, a leader in global payments services to extend joint operations in Kenya and Nigeria. Aftab Currency has taken another initiative with Fidelity Bank with an active network of 173 branches across Nigeria to