• Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
Wednesday, June 18, 2025
  • Login
  • Register
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Your text

Nine operators to jointly drive mobile money services across Africa

Kayode OladeindebyKayode Oladeinde
02/05/2014
in Market Updates, News
Reading Time: 2 mins read
1 0
A A
0
ADVERTISEMENT

Nine mobile network operators in Africa and the Middle East have made a commitment to work together to accelerate the implementation of interoperable mobile money services across the regions, according to the GSM Association (GSMA), the global mobile industry pressure group.

The operators include Bharti Airtel, Etisalat Group, Millicom, MTN Group, Ooredoo Group, Orange, STC Group, Vodafone Group and Zain Group collectively account for 582 million mobile connections across 48 countries in Africa and the Middle East.

Anne Bouverot, Director General, GSMA says “We have seen the significant benefits of mobile financial inclusion in the developing world and operators recognise that, through collaboration, there are opportunities to extend this inclusion even further. Mobile network operators are engaging with each other, with banks, financial institutions regulators, governments and ecosystem partners, to identify and implement solutions that will successfully allow more mobile financial services to be delivered to a broader range of people across both regions, while maintaining high service quality. We are very pleased that these operators are taking the next steps in providing convenient, affordable and ubiquitous financial services to men and women across the region.”

GSMA research shows that the number of active mobile money users has been growing rapidly, with more than 61 million accounts active as at December, 2013.

According to the research, mobile money in the Sub-Saharan Africa and Middle East and North Africa regions shows that the regions accounted for 58 percent of the world’s 218 mobile money deployments,66 percent of all registered accounts and 73 percent of active accounts are located in Sub-Saharan Africa and the Middle East and North Africa and Mobile money users in these regions accounted for 77 per cent of global transaction value in June 2013, performing 341 million transactions worth $5.7 billion.

Bouverot continues, “Mobile money is a young industry, with over 80 per cent of all deployments launched during or after 2010. In order to accelerate the growth of mobile money, we call on telecommunications, financial sector regulators and policymakers to provide a policy and fiscal environment that enables these services to be rolled out successfully to promote a nascent and important driver of commerce and socio-economic development.”

Related Articles

Meta $220M Fine in Nigeria: FCCPC dismisses exit threat by WhatsApp’s parent

MTN calls for subscribers’ vigilance amid cybersecurity breach 

MTN Group debunks fresh legal challenge in US

Paystack launches Zap, a new consumer app for instant bank transfers

Nigerian businesses tap Managed Service Providers as cyber threats spike, Heirs Technologies says

Photos: HOTWAV Note 15: What’s inside the ₦178,600 smartphone?

Google Pixel 9a packs AI photography with 100 hours of battery life

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

Data protection experts seek unified data privacy laws in Africa

NIS: Nigeria battling corruption with contactless passport, e-visa

Tags: Bharti AirtelEtisalat GroupMillicommobile moneyMTN Groupnigeria technology newsOoredoo GroupOrangeSTC Grouptech newsVodafone Group
Share19Tweet12Share3SendShare
Kayode Oladeinde

Kayode Oladeinde

Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929

Related Articles

fccpc-dismisses-exit-threat-by-whatsapps-parent
News

Meta $220M Fine in Nigeria: FCCPC dismisses exit threat by WhatsApp’s parent

byOladapo Riliwan
03/05/2025
mtn-calls-for-subscribers-vigilance-amid-breach
News

MTN calls for subscribers’ vigilance amid cybersecurity breach 

byTechnology Times Staff
25/04/2025
mtn-group-debunks-fresh-legal-challenge-in-us
Market Updates

MTN Group debunks fresh legal challenge in US

byTechnology Times Staff
18/04/2025
paystack-launches-zap-a-new-consumer-app
News

Paystack launches Zap, a new consumer app for instant bank transfers

byFejiro Awowede
25/03/2025
nigerian-firms-tap-managed-service-providers
News

Nigerian businesses tap Managed Service Providers as cyber threats spike, Heirs Technologies says

byFejiro Awowede
24/03/2025
hotwav-note-15-whats-inside--₦178600-smartphone
Consumer Technology

Photos: HOTWAV Note 15: What’s inside the ₦178,600 smartphone?

byFejiro Awowede
24/03/2025
google-unveils-pixel-9a-with-ai-photography
Consumer Technology

Google Pixel 9a packs AI photography with 100 hours of battery life

byOladapo Riliwan
24/03/2025
engr-banjo-on-local-content-in-nigeris-telecoms
News

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

byTechnology Times Staff
23/03/2025
data-experts-push-for-unified-data-privacy-laws
News

Data protection experts seek unified data privacy laws in Africa

byFejiro Awowede
21/03/2025
nis-fights-corruption-with-contactless-passport
News

NIS: Nigeria battling corruption with contactless passport, e-visa

byOladapo Riliwan
21/03/2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

sixteen + 5 =

UBA Ad UBA Ad UBA Ad
ADVERTISEMENT
ADVERTISEMENT
Access Bank Access Bank Access Bank
ADVERTISEMENT

Latest Articles

brodaband-ncc-plans-1800mhz-spectrum-trial

Nigeria dangles broadband market stakes as NCC plans 1800MHz spectrum trial

17/06/2025
mtn-users-gets-top-cap-on-trump-mobile-plan

MTN users get top deal as Trump Mobile plans differential tariffs for Nigeria

16/06/2025
nira-taps-whois-privacy-redaction-for-ng-domain

NiRA begins WHOIS Privacy Redaction to protect .ng domain users

16/06/2025
efcc-chief-links-yahoo-boys-to-political-elites

EFCC chief links rising ‘Yahoo Yahoo’ to political elites, cryptocurrency

16/06/2025
tinubu-says-fibre-optic-to-power-nigeria-future

Tinubu says ₦3.1 trillion fibre optic link to power Nigeria’s digital future

12/06/2025
CrownCrystal Technologies CrownCrystal Technologies CrownCrystal Technologies
ADVERTISEMENT
ADVERTISEMENT

POPULAR ARTICLES

  • brodaband-ncc-plans-1800mhz-spectrum-trial

    Nigeria dangles broadband market stakes as NCC plans 1800MHz spectrum trial

    72 shares
    Share 29 Tweet 18
  • MTN users get top deal as Trump Mobile plans differential tariffs for Nigeria

    62 shares
    Share 25 Tweet 16
  • CREDICORP: FG opens portal on www.credicorp.ng for Nigerians to access consumer credit

    15457 shares
    Share 6183 Tweet 3864
  • Access Bank unfolds digital expansion plan amid H1 2024 growth

    137 shares
    Share 55 Tweet 34
  • SERVICOM introduces barcode for Salaries and Wages Commission

    86 shares
    Share 34 Tweet 22
  • NIMC: Over 110 million Nigerians now enrolled for NIN

    98 shares
    Share 39 Tweet 25
  • Chrome automates safety check, tightens control over site access

    83 shares
    Share 33 Tweet 21
  • NYSC pledges support for FG’s digital literacy initiative

    84 shares
    Share 34 Tweet 21
  • Flutterwave expands Send App to Malawi 

    87 shares
    Share 35 Tweet 22
  • Tijani: AI is catalyst Nigeria needs for digital transformation

    98 shares
    Share 39 Tweet 25

Latest Videos

  • TT TV
teniola-advocates-dynamic-billing-for-nigerians

Teniola advocates dynamic billing to protect Nigerian consumers | Technology Times Policy eXchange

14/04/2025
watch-mtn-nigeria-board-lawsuit-interview

#Watch: MTN Nigeria’s board is filled with ex-regulators—is this a conflict of interest?

24/03/2025
engr-banjo-on-local-content-in-nigeris-telecoms

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

23/03/2025
#Watch: Technology Times Thought Leadership Series #Live

#Watch: Technology Times Thought Leadership Series #Live

20/03/2025
#Watch Technology Times TV #Live

#Watch Technology Times TV #Live

20/03/2025
Load More
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn RSS

ABOUT TECHNOLOGY TIMES

technology-times-logo

Nigeria Technology Media Group

Founded in 2004, Technology Times’ trusted technology news, market intelligence, views and business services reach readers and partners across Nigeria, Africa and beyond.

Advertising

Sign up for TT eNews

Get in touch here

CONTACT US

Phone: +234 (0) 1 454 1818
WhatsApp: +234 (0) 815 700 0100
Email: info@technologytimes.ng
Web: www.technologytimes.ng

LEGAL & COMPLIANCE

technology-times-logoHome

TT Privacy Policy

TT Terms & Conditions

TT Website Disclaimer

TT Guest Post Guidelines

TT Sitemap

VOffice

TOP STORIES

  • brodaband-ncc-plans-1800mhz-spectrum-trial

    Nigeria dangles broadband market stakes as NCC plans 1800MHz spectrum trial

    72 shares
    Share 29 Tweet 18
  • MTN users get top deal as Trump Mobile plans differential tariffs for Nigeria

    62 shares
    Share 25 Tweet 16
  • CREDICORP: FG opens portal on www.credicorp.ng for Nigerians to access consumer credit

    15457 shares
    Share 6183 Tweet 3864
  • Access Bank unfolds digital expansion plan amid H1 2024 growth

    137 shares
    Share 55 Tweet 34

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
  • Login
  • Sign Up

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy Page.