Mobile Banking News

MicroSave, MasterCard Foundation to strengthen DFS in Francophone Africa

14.02.2017

The initiative will cover more than 250 DFS providers with a focus on francophone markets in WAEMU region.

Kenya: Six banks get approval to launch mobile money platform

08.02.2017

The platform will interconnect all banks, cut transaction costs for the banks.

Zimbabwe: Apex Bank releases $15 million worth of new $5 notes

03.02.2017

The $15 million worth of new notes released is part of RBZ effort to end cash shortage.

AfDB and the Alliance for Financial Inclusion sign MoU to enhance access to financial services on the continent

02.02.2017

The partnership will also strengthen the technical capacity of financial regulators and policy-makers across the continent to implement substantive policy reforms to advance financial inclusion.

Visa, Atlas Mara partner to promote cashless transactions in Africa

30.01.2017

The partnership will offer a suite of digital and mobile solutions across Africa.

Swaziland: Mobile money aids financial services penetration

27.01.2017

The affordability of mobile money services has facilitated penetration of financial services.

Kenya: Bank of Africa closes 12 branches

23.01.2017

The bank has announced closure of 12 branches to focus on digital banking.

Rwanda: Bank expands digital banking with payment solution

20.01.2017

The solution will enhance Rwanda’s cashless economy agenda.

Nigeria: CBN bars banks from virtual currency transactions

19.01.2017

The Central Bank issued stern warning to banks to refrain from virtual currency transactions.

Kenya: MasterCard launches mobile payment solution for farmers

17.01.2017

The solution offers digital financial services to small scale farmers.

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