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Airtel Money will leverage its partnership with African payments company Flutterwave to expand its services to Eastern and Southern Africa. The partnership enables businesses integrating Flutterwave in Kenya, Malawi, Rwanda, Tanzania, Uganda and Zambia to receive payments from Airtel Money customers and transact high volumes with Airtel Money’s proprietary Fintech platforms. Airtel said the services...

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A new investor will soon join the capital of Airtel Mobile Commerce BV, the branch of Airtel Africa dedicated to Mobile Money. It will be the third after alternative finance company TPG in March and payment system company MasterCard in April. The African branch of the Indian telecoms group Bharti Airtel, Airtel Africa, announced on Friday...

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Olusegun Ogunsanya will succeed Raghunath Mandava who will retire from his post and as director on Airtel Africa PLC’s board on 30 September, the company said. Before Airtel Africa, Ogunsanya held senior managerial roles at beverage maker Coca-Cola in Ghana, Nigeria and Kenya NEW DELHI : Bharti Airtel Ltd has appointed Olusegun Ogunsanya as the managing...

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Mastercard will invest US$100-million (R1.5-billion) in Airtel Africa’s mobile money operations, valuing the business at $2.65-billion (R39.2-billion), the London-listed company said on Thursday. Mastercard will hold a minority stake in Airtel Mobile Commerce, in line with Airtel Africa’s plan to monetise the mobile money business by selling up to a 25% stake in the unit, the...