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The Central Bank of Nigeria gives final approval for MTN to operate MoMo Payment Service Bank Limited.

The Central Bank of Nigeria gives final approval for MTN to operate MoMo Payment Service Bank Limited.

by AllureAdmin | Apr 14, 2022 | African News

MTN’s MoMo Payment Service Bank Limited (MoMo PSB) received final approval from Nigeria’s Central Bank. Telecom companies are expected to have at least $12.2 million in capital to operate as payment service banks in Nigeria. These operators must provide...
Safaricom Telecommunications Ethiopia PLC announces that operations will launch in March 2022 In May 2021.

Safaricom Telecommunications Ethiopia PLC announces that operations will launch in March 2022 In May 2021.

by AllureAdmin | Dec 20, 2021 | Business

Safaricom’s move into the Ethiopian market was official. It was issued a new Telecommunications Operator License valid for a term of fifteen years from the Effective Date of July 9, 2021. “The Global Partnership for Ethiopia” was formed by the Vodacom Group, Vodafone...
Ethiopia to reopen bidding for a second telecoms operator license this month.

Ethiopia to reopen bidding for a second telecoms operator license this month.

by AllureAdmin | Aug 3, 2021 | Business

Ethiopia began a tendering process on June 14 for the proposed sale of a 40% interest in state-owned carrier Ethio Telecom to private investors, as part of the government’s larger goal to open up the nation’s economy. Ethiopia is aiming to license private...

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