Mobile Banking News

MicroSave, MasterCard Foundation to strengthen DFS in Francophone Africa


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


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

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


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


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


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

Swaziland: Mobile money aids financial services penetration


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

Kenya: Bank of Africa closes 12 branches


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

Rwanda: Bank expands digital banking with payment solution


The solution will enhance Rwanda’s cashless economy agenda.

Nigeria: CBN bars banks from virtual currency transactions


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

Kenya: MasterCard launches mobile payment solution for farmers


The solution offers digital financial services to small scale farmers.

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