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mobile money transfers

Unlocking Financial Inclusion: USSD Technology in African Mobile Money

In the ever-evolving landscape of mobile technology, one innovation has stood out as a catalyst for financial inclusion in Africa: Unstructured Supplementary Service Data (USSD). This technology, while sounding technical, plays a crucial role in powering mobile money transactions, particularly...

WorldRemit launches Mobile Money transfers to Burundi

Online money transfer service WorldRemit has launched instant Mobile Money transfers to Burundi. According to WorldRemit, its mobile-to-mobile remittance service currently enables people to send funds direct to Mobile Money wallets in countries across Africa, Asia and Oceania. The company revealed...

Why Mobile Money should matter to Government

Speaking at The Economist Conference in Johannesburg in late 2014, Finance Minister Nhlanhla Nene said, “There is a perception that financial inclusion efforts will necessarily lead to increased financial risk and hence have a negative effect on financial stability....

East Africa: Cross-border mobile money transfers planned

East African Communities will, by the end of 2015, be able to transfer money via mobile phones across borders if full implementation of the One Area Network Agreement (OANA) succeeds. This is according to a report by Capital FM. According...

IFC set to grow Mobile Money usage in Uganda

Cignifi has inked an agreement with the International Finance Corporation (IFC), which is aimed at expanding the delivery and usage of mobile financial services in Uganda. Cignifi will be working with the IFC to help drive the adoption and growth...
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CMC Networks Appoints New Chief Revenue Officer (CRO)

CMC Networks has appointed Paolo Gambini as its new Chief Revenue Officer (CRO). Gambini joins CMC Networks after serving...
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