African payments company MFS Africa raises US$4.5mn in series B funding

M PesaMobile payment gateway provider MFS Africa said it has raised US$4.5mn in a Series B funding round led by Chinese venture capital LUN Partners Group

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Tigo Tanzania receives global mobile money certification

Tigo Tanzania communications africa

Tigo Tanzania’s mobile financial services business has been granted the GSMA Mobile Money Certification for the provision of mobile financial services to its customers

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Liquid Telecom South Africa names Reshaad Sha as CEO

Reshaad Liquid Telecom South Africa CEO Reshaad will oversee growth and development of digital services and enhanced network services across South Africa

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Fidor and IFC will expand digital financial services in Africa and Latin America

FidorGerman online bank Fidor has signed a MoU with International Finance Corporation (IFC), a member of the World Bank Group, a move that is seen to expand digital banking opportunities across Africa and Latin America

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MTN and Ecobank sign MoU to provide digital banking across Africa

MTN EcoMTN has collaborated with Africa’s Ecobank Transnational Incorporated (ETI), a move that aims to leverage each other’s assets to provide more services to their customers across Africa

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