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Ghana’s lottery sector is undergoing a major digital transformation as the Ghana National Lottery Authority (NLA) partners with Fidelity Bank Ghana to deploy 5,000 Android-powered Point of Sale (POS) terminals across the country. The initiative marks one of the most significant modernization efforts in the Authority’s history and reflects Ghana’s broader push toward digital financial […]
Mobile Money is Transforming Online Gambling in Guinea, services like MTN Mobile Money, Orange Money Africa and Middle East have made it possible for users without bank accounts to participate in sports betting and casino games directly from their smartphones. Platforms such as Guinée Games take advantage of this trend by offering an extensive mix […]
The total value of mobile money transactions reached a record GHC 4.5 trillion in 2025, according to the Summary of Economic and Financial Data released by the Bank of Ghana on January 29, 2026. This report highlights strong month-on-month growth, especially in the last quarter of 2025. The figures show that in September 2025, the […]
Former Vice President Dr. Mahamudu Bawumia emphasized that the introduction of mobile money interoperability under the previous NPP administration led to the creation of over 900,000 MoMo agents and jobs in Ghana. He stressed that great nations are built on visionary ideas rather than individual wealth, arguing that innovation and sound policy formulation are the […]
Kenya’s mobile money sector is experiencing significant shifts, according to the latest report from the Communications Authority of Kenya (CA) for the first quarter of 2025. Declining Dominance of M-Pesa: Market Share: M-Pesa’s market share has decreased to 90.8%, continuing a downward trend over the past six quarters. Airtel Money’s Ascendancy: Airtel Money has reached a […]
Flutterwave has received approval to operate as a licensed payment service provider in Cameroon, advancing its goal of creating Africa’s largest digital payments network. The Nigerian Fintech company obtained the authorization from Cameroon’s National Payment Systems Department, allowing it to offer a full range of digital payment solutions to businesses and individuals in Central Africa […]
M-PESA, Safaricom’s mobile money service, has declined for the fifth consecutive quarter, weighed down by increased interoperability and Airtel Money’s aggressive promotions, including transaction fee refunds as airtime. M-PESA’s market share fell by 2.3 percentage points to 91% in Q4 2024 compared to Q3, while Airtel Money grew from 7.6% to 8.9% in the same […]
The Gazelles collaboration with betPawa on Locker Room Bonus addresses these issues head-on by using mobile money platforms to distribute performance-based bonuses directly to players. This method ensures transparency, efficiency and immediate access to funds, bypassing bureaucratic delays and empowering athletes to take control of their earnings. The Ugandan Gazelles, the national women’s basketball team are not […]
For decades, African athletes—especially at national and grassroots levels—have faced frustrating realities stemming from financial instability and non professionalisation of sports. Many players wait weeks, sometimes months, to receive their payments, making it harder for them to focus on their craft. But that’s starting to change, thanks to technology-driven solutions like betPawa’s Locker Room Bonus […]
MTN Uganda Mobile Money (MoMo) has reported a 100% growth in its digital lending portfolio. The success of its digital lending program, launched in January, has expanded the company’s financial services. According to Richard Yego, the Managing Director of MTN MoMo, the portfolio now includes four loan products: Extra Cash, More Cash, More PESA, and […]
