BusinessFundingNewsPartnershipStrategy

Airtel Africa partners MoneyGram to ease fund transfer

Airtel Africa enters strategic partnership with MoneyGram - Brand Spur

Airtel Africa plc, a telecommunications and mobile money services provider, has announced a strategic partnership with MoneyGram, a global leader in cross-border P2P payments and money transfers.

The partnership will ensure that more than 19 million Airtel Money customers across 12 countries can route any MoneyGram transfer received from around the world into their mobile money wallets on their phone.

Read also; AfDB Announces AgriPitch 2020 Competition For Agricultural Project Leaders In Africa


This image has an empty alt attribute; its file name is GFA-Contributors-1024x576.jpg

In a statement issued by the telco and seen by Nairametrics, it was indicated that the development would also enable senders overseas to push funds instantly and directly to an Airtel Money mobile wallet in a more convenient way for customers.

The partnership, according to Airtel, is in line with its strategy of expanding the range and depth of Airtel Money offerings to drive customer growth and penetration.

Raghunath Mandava, MD and CEO - Airtel Africa

Raghunath Mandava, the CEO of Airtel Africa, explained that the partnership would provide millions of customers with fast, secure, and

convenient options to receive and send money as well as access their funds from a vast distribution of exclusive kiosks, agents, and branches at their convenience.

This is a significant step forward in our ambition to transform lives through greater financial inclusion and empowerment across the continent. Maximizing access to global remittances is a key part of this – even more so given the disruption and economic hardship faced by many as a result of the COVID-19 pandemic,” he said.

He added that the Group has been focused on building international money transfer services, through international partnerships, to connect millions of people to the global economy and that the MoneyGram partnership builds on the momentum of existing partnerships with Mastercard and Western Union.

Read full article here


GetFundedAfrica’s mission is to uplift people and economies in Africa through entrepreneurship; helping companies find funding, grow, create jobs and solve society’s greatest challenges

GFA Attract And GFA Weekly Round Up

GFA Attract Series (VC Edition): Interview With Rob Eloff, Lateral Capital

In this episode of GFA-Attract, Debo discussed with South African born Rob Eloff the co-Founder & managing partner at Lateral Capital, a mission driven venture fund investing in early stage opportunities in Sub-saharan Africa to bridge the gap between capital and opportunities. Watch the exclusive Interview here

GFA Weekly Round Up September 14- September 18

In this week’s episode of the weekly round up we zoomed in on funding activity in Africa from September 14-15 Listen Here

Follow Us

See the source image
See the source image

Nichole Manhire

Is the productive executive for the media department at GetFundedAfrica

Related Articles

Leave a Reply

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

Back to top button