Airtel Africa has announced a partnership with Mukuru, one of Africa largest remittance company, which will enable its customers to transfer money to Airtel Money wallets across 12 African countries. This new alliance will allow customers to receive funds, pay bills, purchase goods all once Airtel customers receive the money.
Commenting on the deal, Raghunath Mandava, CEO, Airtel Africa said “This partnership empowers those without a bank account to be included in the formal financial ecosystem and to move money conveniently, seamlessly and securely. At a time when intra-Africa cross-border payments are of strategic importance, we are pleased to be working together on cross-country mobile money transfers, while also supporting local economies.”
Andy Jury, CEO, Mukuru, stated that the “partnership exemplifies the collaborative spirit in which Mukuru is engaging with other industry leaders to provide universal access to cash and digital financial services across the continent. The enablement of digital money transfers between Mukuru and Airtel Africa customers means we can offer greater choice to the hardworking diaspora when providing for their families back home. The freedom to choose the solution best befitting your personal circumstances is pivotal to true economic empowerment”
The partnership will initially be launched in Malawi, Zambia, Uganda, Tanzania, Kenya and Democratic Republic of Congo.