Category archives for: Mobile money

Rwanda trade fair goes cashless with MTN m-Ticket

Executives at the launch of MTN m-Ticket in Kigali

from PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) –THE upcoming Rwanda International Trade Fair and Expo is to be fully Cashless with the official launch of a digital user-friendly ticketing solution. The launch of the MTN m-Ticket is a partnership of the mobile network operator and the Private Sector Federation (PSF) a professional organisation […]

Youthful Africa remains fastest growing mobile region

Rwanda flag

from PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) – SUB-Saharan Africa will remain the world’s fastest-growing mobile region over the coming years as millions of young African consumers become mobile users for the first time. This is according to a new GSMA (Groupe Spéciale Mobile Association/ Mobile Special Group Association) study released in Kigali, […]

Kenya hosts first Afro-Asia fintech fest

KCB Bank Chief Operating Officer, Samuel Makome hands over a dummy cheque of Kshs 10 million to CBK Governor, Dr Patrick Njoroge. Photo, supplied

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – PLANS for the inaugural Afro-Asia Fintech Festival have received a financial boost after the Kenya Commercial Bank (KCB) committed KSh10 million (US$975 000) for the event. The festival is scheduled for July 15 and 16 under the theme, “Fintech in Savannah”, modelled along the Singapore […]

Malawi’s profit making TNM targets data growth

Malawi's TNM

from MAVHUTO BANDA in Lilongwe, Malawi LILONGWE, (CAJ News) – TELEKOM Networks Malawi (TNM) has recorded a 27 percent increase in profits to K16,6 billion (US$21,97 million in dividend for 2018 on the back of cost control measures and a stable macro-economic environment. Overall revenue grew by 15 percent to K91,18 billion in 2018, up […]

Massive growth forecast for Africa gaming industry

Gaming, betting and gambling in Kenya

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – GLOBAL companies are tapping into the phenomenal growth of Africa’s gaming industry, which is projected to more than double to $642 million by 2021. It is currently valued at over $310 million. Africa’s booming video game industry comes as a result of the expanding mobile […]

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