Recent announcements in Africa have yet again underlined the growth of payment technology across the continent, with major names in the digital payments space announcing significant agreements in Egypt and Tanzania.
The African Development Fund’s Board of Directors has approved $3.9 million grant to finance an upgrade of Liberia's payments infrastructure and systems project.
The National Bank of Rwanda has granted fintech firm Flutterwave two additional licences that will boost its mobile finance offering in East Africa.
Moldovan mobile network operator Moldcell has announced its entry into the financial services market with what it describes as a first-of-its-kind digital wallet called 'moldcell money'.
Developing Telecoms met recently with Huawei FinTech and Mobile Financial Services (MFS) team, to discuss the development and growth of Huawei’s MFS business. The interview started by asking them to outline how Huawei first entered the MFS market.
