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

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%

Airtel Money Facilitates Civil Servants’ Access to Salaries in DRC

‘Airtel Money’, Bharti Airtel’s mobile money platform, is making a mark in the Democratic Republic of Congo with the government embracing it to make large-scale salary payments from December last year. Now, civil servants including the military, the police force, pensioners and other civil servants can receive payments on their mobile phones. Louis Luballa, the Managing Director