Extended Ericsson and MTN partnership to financially empower millions across Africa

News published on Jan 25, 2024 @ 9:23 am

Ericsson and the MTN Group have strengthened their partnership to enhance mobile financial services and financially empower millions of citizens across Africa. The partnership is set to broaden the scope of financial inclusion from first-time users to high-end business applications, utilizing MTN’s Mobile Money (MoMo) service on the Ericsson Wallet Platform.

The comprehensive suite of services will provide MTN’s customer base across Africa with access to a world-class mobile connectivity-based financial ecosystem.

In addition to ramping up MTN’s goal of advancing financial inclusion for the unbanked, the service provider will offer advanced financial services to address the rapidly evolving digital financial needs of individuals and enterprises.

Topic
Market insights
Focus Region
Africa