Tag Archives: International Finance Corporation (IFC)

MTN South Africa teams up with World Bank’s International Finance Corporation on mobile money

MTN South Africa has announced a partnership of $2 million with the World Bank’s International Finance Corporation (IFC) to expand its mobile money business. MTN’s mobile money (MoMo) business saw a jump in transaction values and customer numbers during the COVID-19 pandemic, as movement restrictions and avoidance of physical cash pushed people towards mobile money [...]