Airtel Money and pawaPay Partner to Expand Cross-Border Remittance Services
Airtel Money Africa and pawaPay partner to enable instant mobile wallet remittances across seven African markets...
✨ Key Highlights
Airtel Money Africa has expanded its partnership with mobile money payments provider pawaPay to enable licensed international money transfer operators (IMTOs) to deliver instant remittances across seven African markets, benefiting over 161 million Airtel Money customers.
- The integration allows IMTOs to send funds directly into mobile wallets in Uganda, Rwanda, Zambia, Malawi, Gabon, Congo Brazzaville, and Tanzania.
- CEO of Airtel Money Africa Ian Ferrao stated this expansion advances international remittances and supports financial inclusion.
- Remittance flows to Sub-Saharan Africa reached an estimated $23.9 billion in 2024, with mobile money playing a crucial role due to its convenience and reach.
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Tech Firms Target African Markets with New Leadership, Products, and Partnerships - August 2025
Technology companies are making strategic moves to expand their market share across Africa. Kenya-based fintech HoneyCoin secured $4.9 million in seed funding to expand its stablecoin-powered payment platform across the continent, with the investment round led by Flourish Ventures and including Visa. In the mobile money sector, Airtel Money Africa expanded its partnership with pawaPay to enable instant cross-border remittances for its 161 million customers in seven African markets. Concurrently, Xiaomi has appointed new country and regional managers to accelerate market share growth in Kenya, East, and West Africa. Apple is also reportedly developing a new 12.9-inch MacBook priced at $599, a move that could make its products more accessible in markets like Kenya, Nigeria, and South Africa.
