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Viettel Cameroon SA, Cameroon’s third privately-owned mobile telecommunications network service provider which operates under the brand name Nexttel, is set to enter the mobile money market in the country. The market is already dominated by MTN Cameroon and Orange Cameroun which run MTN MoMo and Orange Money respectively. Nexttel General Manager Benoit Yaoussou announced recently...

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The mobile operator Nexttel, controlled by the Vietnamese group Viettel, has undertaken to launch the “Nexttel Possa” service this year in partnership with the Nigerian bank UBA. It will thus compete with the mobile money services of Orange and MTN. The launch of the Mobile Money service of the mobile operator Viettel Cameroon, which operates under...