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Africa: Orange, MTN Join Forces to Boost Mobile Money
Two of Africa’s largest mobile money providers, Orange and MTN, formed a joint venture called Mowali to deliver an interoperability platform enabling fund transfer between any of the continent’s 338 million accounts.
In a statement, the two operators said the venture would “scale-up financial services across Africa”, adding Mowali had the potential to support new service development and drive financial inclusion.
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