Mobile Banking News

Liberia: Teachers in Gbarpolu to receive salary via mobile money

18.04.2017

Over two hundred teachers of the Ministry of Education (MoE) assigned in Gbarpolu County, will as of this April, receive their monthly salary allotment through mobile money, the Daily Observer has gathered.

Tanzania: Mobile money transfers account for 47% of GDP

17.04.2017

Within a decade, mobile money exceeded the small network laid by banks to extend financial services to the vast majority of poor Tanzanians.

Kenya: M-Akiba bond surpasses target of 5,000 buyers

06.04.2017

Purchases from investors ranged from Sh3,000 to Sh1.13 million, indicating that the sales were dominated by big buyers

Agric Bank launches first mobile banking solution in Mali

31.03.2017

"BNDA Mobile" is the first mobile solution in Mali that allows customers to carry out mobile banking operations.

Accion, Quona Capital extend $141million for fintech innovations to Sub Saharan Africa

29.03.2017

The fund will follow fintech innovations aimed at enhancing access to financial services

Kenyans in diaspora are the biggest senders of mobile to mobile remittances, says WorldRemit

28.03.2017

According to WorldRemit, mobile to mobile remittances accounts for 93 percent of WorldRemit transactions to Kenya

Kenya sells bond over mobile phones

24.03.2017

The bond can be bought via mobile phones and offers a higher interest rate than offered by commercial banks.

Malawi: Two smallest banks merge

24.03.2017

The merger is to enable the banks to meet the capital requirements of Malawi's apex bank.

Pan-African lender to use app to retain relevancy of traditional bank accounts

21.03.2017

The Pan-African lender has persuaded regulators in 25 of the 33 African markets where it holds a banking licence to allow citizens to quickly and easily open bank accounts via their mobile phones

Zimbabwe sets withdrawal limit, charges farmers to use e-money

16.03.2017

This is to ease the on-going cash shortage in Zimbabwe.

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