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%

Orange Launches Mobile-to-Mobile Money Transfers in Western African Countries

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