Category: TECHNOLOGY
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MTN, Ericsson launch Mobile Money open API platform in Ghana
MTN and Ericsson (NASDAQ: ERIC) have extended their Mobile Money partnership by launching an open API platform in Ghana to give entrepreneurs an opportunity to develop revenue-generating applications. MTN Mobile Money is the most widely used mobile money platform in Ghana. As part of the new agreement, MTN will grant access to third parties to…
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Former AirtelTigo CEO joins MTN
With just one year into its operation after a successful merger, AirtelTigo has lost its first female Chief Executive Officer, Mitwa Kaemba Ng’ambi to Africa’s leading network giant, MTN. Mitwa who vacated her post officially last Friday 13 September 2019 as CEO of Ghana’s second-leading telecom player AirtelTigo, is expected to take up a new…
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BoG pegs minimum capital for Mobile Money companies at GH¢20 million
The Bank of Ghana has pegged the minimum capital required for operating a mobile money company at GH¢20 million. The latest directive comes on the back of the recently passed Payment Systems and Services Act, 2019 (Act 987) which provides a legal and regulatory framework for the orderly development of the country’s payment system. The…
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Ng’ambi quits AirtelTigo as CEO over personal reasons
AirtelTigo’s Chief Executive Officer, Mitwa Kaemba Ng’ambi, has announced that she will be leaving the organisation from 13th September 2019 citing personal reasons. In her stead, Chief Operating Officer, Murthy Changanti, will act as CEO until the appointment of a new CEO. The company expressed gratitude to Mrs. Ng’ambi for her leadership and wished her…
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MTN Nigeria says all stores will be closed after anti-South African attacks
The Nigerian division of South African telecom operator MTN said on Wednesday it will close all stores and service centres in the country until further notice after its facilities in three cities were attacked. The facilities were attacked after days of riots in South Africa chiefly targeting foreign-owned, including Nigerian, businesses. “The safety and security…
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Mobile money records growth as cheques witness drop in patronage – BoG report
The total value of mobile money transactions for the first six months of this year reached 140.2 billion cedis, up from the 104.6 billion cedis recorded in the same period in 2018. Data released by the Bank of Ghana shows that this represents a 34 percent rise in the value of transactions recorded for the…
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Increased support needed to tap into US$150 billion gaming market
Senior Manager for Products and Services at MTN Bless Agordjo has challenged stakeholders within the gaming ecosystem in Ghana to help develop the space to enable Ghana tap into the multibillion-dollar gaming market. Ghana’s revenue from the gaming industry in 2018 was estimated to be around $ 23 Million dollars, the 8th highest behind countries…

