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Tanzania’s Tigo, Airtel & Zantel Launch Africa’s First Mobile Money Interoperability

mobilecoins4x3-750x420While Kenya was the first to launch mobile money in the world, its mobile money operators have not been able to agree on cross-network transactions,  Tanzania has today overtaken it with the launch of  Africa’s first cross-network mobile money platform.

The deal, the first ever deal in Africa and expected to begin this month, will see Tigo Pesa, Airtel Money or EzyPesa customers send money to each other with ease.

According to Hans-Holger Albrecht, Millicom’s President and CEO, “We are delighted to work with our counterparts to extend the mobile money universe in Tanzania. With this agreement we can help make Tanzania a global pioneer in digital financial inclusion. Interoperability will be a catalyst for growth in the mobile money sector and is long overdue. It’s an example to operators in other countries.”

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Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

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