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Kenyan Mobile Money Service M-Pesa Goes Global

AFRICANGLOBE - Telecommunications giant Safaricom, in partnership with Western Union, is rolling out Kenya’s revolutionary mobile money transfer, financing and microfinancing service M-Pesa in more than 500,000 Western Union agent locations across the world.

How Mobile Money Is Saving Africa $2bn Annually

AFRICANGLOBE - Africans in the diaspora have recognised the importance of the money they send home to their families are. With mobile money proving to be a more effective means of transferring funds home, they are increasingly adopting the service.

Africa’s M-Pesa Mobile Payment System Debuts In Romania

AFRCANGLOBE - In a trend reversal, African technology has migrated to Europe with the launch in Romania of Kenya's popular M-Pesa mobile money transfer system.

Kenya’s Mobile Money Transfer Hits $5 Billion In Q1

AFRICANGLOBE - A Central Bank of Kenya (CBK) report has shown mobile phone based transactions across all networks reached KSh425 billion ($5 billion) in the first three months of 2013, but value dropped month on month.

How Kenya Became a World Leader in Mobile Money Technology

What if anyone owning a cell-phone, whether rich or poor, also had access to financial services with the ability to save and send money...