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M-PESA (M for mobile, PESA is Swahili for money) is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. [1]
MoneyGram Reaches 20,000 Agent Locations in Africa DOUALA, Cameroon--(BUSINESS WIRE)-- MoneyGram (NYS: MGI) , a leading global money transfer company, announced today that it has officially ...
In October 2014, the firm Tawakal Money Express (Tawakal) began construction of the seven-storey Tawakal Plaza Mogadishu. The new high rise is slated to be completed by the end of 2015, and will feature a Tawakal Global Bank customer and financial services center, a large, 338 square meter supermarket, a 46-room luxury hotel, restaurant and ...
A map of indigenously made pre-colonial African currencies and their respective minting states. In pre-colonial times, many objects were sometimes used as currency in Africa. These included shells, [1] ingots, gold (gold dust and gold coins (the Asante)), arrowheads, iron, salt, cattle, goats, blankets, axes, beads, and many others.
Fintech partnerships like Airtel Africa teaming up with Mastercard look to be the next frontier of growth for mobile money in Africa. Mobile money is helping Airtel Africa and its rivals bounce ...
African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank. It was officially launched at the first general meeting of the shareholders in Abuja, Nigeria, in October 1993.
Mobile Money is a mobile payments system based on accounts held by a mobile operator and accessible from subscribers' mobile phones. The conversion of cash into electronic value (and vice versa) happens at retail stores (or agents). All transactions are authorised and recorded in real-time using SMS. MTN Mobile Money agent's stand in Ghana
African Express Airways is a short-haul airline, which caters to business and leisure travellers and operates daily departures. It also has an associate company located near its head offices, Jet Aircraft Maintenance Ltd., which specializes in jet aircraft maintenance ranging from 'A' to 'B', 'C' and 'D' checks for most medium-range aircraft of Western manufacture.