Liquid Telecom raises $700 million to expand its network capabilities & service offering across Africa

 Liquid Telecom has successfully raised $700 million to refinance the group’s existing debt and to support its growth strategy as it continues to rapidly scale and expand its network capabilities and service... Read more »

UPDATED: Tangazoletu hits ten years, seeking partners to bring financial services to ten million unbanked Kenyans

Kenya’s mobile money integrator for merchants Tangazoletu has marked ten years of its existence with an ambitious target to bring ten million unbanked Kenyans in the informal sector through financial technology solutions.... Read more »

mVisa partners banks & merchants to break the burden of exorbitant M-PESA merchant & transfer fees

With nearly 40 million active mobile phone subscriptions in Kenya and Ksh. 515.9 billion in person-to-person money transfers within the last quarter of 2016, mobile money payments have become an integral part... Read more »

Visa partners Interswitch to drive mVisa mobile payments adoption across Africa

Visa is partnering Interswitch and everyone else in the payments sector to double up the uptake of its mVisa, a mobile payments solution that allows consumers to pay for goods from any... Read more »

CBA’s struggling new digital service Loop launches PassionEnt to attract youthful customers

A few months ago, Kenya’s Commercial Bank of Africa (CBA) launched Loop, a digital financial service with bill payments and standing orders, personal finance management, savings and investments but seems the product... Read more »

Time to cash out as Safaricom mulls launch of M-Pesa in Nigeria, Angola

Safaricom is set to expand M-Pesa, its 1o year-old mobile money service to new markets after its parent firm Vodafone PLC sold a 35 percent stake to its South African subsidiary for... Read more »

MarketCube Launches to be Nigeria’s eCommerce Platform for Handmade Goods

A number of businesses in Nigeria selling fashion items and accessories, from shoes to clothing and jewelery, make these products themselves.  But many of them have no avenue to promote these handmade... Read more »