MTN Nigeria and Airtel Africa, two of Nigeria’s largest telecommunications companies, announced in November that they have received approval in principle from the Central Bank of Nigeria (CBN) to operate payment service banks (PSBs). PSBs offer financial services, including deposit-taking from individuals and small businesses, providing payment and remittance services, issuing debit and prepaid cards, [...]
Airtel Africa has recently announced a new mobile money partnership with MoneyGram International which will enable 19 million customers to receive transfers directly from their mobile wallets. This is the second partnership within a month for Airtel Africa to develop co-developed and innovative new financial products. “We are delighted to work with MoneyGram to provide [...]
Telecommunications group Airtel Africa has partnered with cross-border payments and transfers provider MoneyGram to expand its mobile money service. This initiative will allow customers in 12 countries to transfer and received MoneyGram around the world into their mobile money wallets on their phone. The provider of telecommunications and mobile money services stated that the partnership with person-to-person [...]
Airtel Africa and Standard Chartered have partnered together to boost financial services in Africa by providing customers with additional mobile financial services. The two companies have agreed to co-create a range of services for their customers, starting with the ability to make real-time deposits and withdrawals from Standard Chartered bank accounts. The banks corporate clients [...]
Airtel Africa has announced a partnership with Mukuru, one of Africa largest remittance company, which will enable its customers to transfer money to Airtel Money wallets across 12 African countries. This new alliance will allow customers to receive funds, pay bills, purchase goods all once Airtel customers receive the money. Commenting on the deal, Raghunath [...]
Airtel Africa has partnered with digital money transfer service provider, WorldRemit for instant money transfer services expansion across Africa. “We are committed to enhancing financial inclusion in the countries we operate through building a huge infrastructure of cashing in and cashing out locations in the markets and increasing our distribution,” said Raghunath Mandava, CEO, Airtel [...]
Unicef has announced a new partnership with Airtel Africa which aims at providing children with access to remote learning by using mobile technology to benefit school children affected by the Covid-19. “COVID-19 is affecting access to information and education at an unprecedented scale. Worldwide, most children are not in school, which we know can lead [...]
Airtel Africa, one of the leading telecommunication companies in Africa has seized 10 new MHz spectrum for its operations in Nigeria. According to a statement, the Nigerian Communications Commission (NCC) has accepted the acquisition. The spectrum was acquired from Intercellular Nigeria Limited for a total sum of $94 million. The amount includes NCC fees. Speaking [...]
Airtel Africa a global telecommunications services provider with operations in 14 countries across Africa, and Ecobank Transnational Incorporated (“ETI”) (Ecobank.com), the parent company of Ecobank the leading pan-African banking group operating in 33 countries, have inked a deal which will allows millions of Airtel Money and Ecobank customers across Africa to facilitate their access to mobile [...]
Airtel Africa has officialized its collaboration with Mastercard, offering mobile phone users across 14 African countries access to Mastercard’s global network. The Mastercard virtual card will enable Airtel Money customers, even without a bank account, to make payments to local and global online merchants that accept Mastercard cards. Airtel Money customers will be able to [...]