Africa: Orange, MTN Join Forces to Boost Mobile Money

Date: 
23 Nov 2018

Two of Africa’s largest mobile money providers, Orange and MTN, formed a joint venture called Mowali to deliver an interoperability platform enabling fund transfer between any of the continent’s 338 million accounts.

In a statement, the two operators said the venture would “scale-up financial services across Africa”, adding Mowali had the potential to support new service development and drive financial inclusion.

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Type: 
General