UBA and Airtel to provide mobile financial services in Africa

UBAThe partnership is structured to service customers in the 12 countries. (Image source: Gates Foundation/Flickr)The United Bank for Africa (UBA) has partnered with Airtel to provide mobile-based financial services across the continent via Airtel Money

UBA operates in 19 African countries with a customer base of over 10mn while Airtel is present in 17 African countries and serves about 30mn registered mobile money customers.

The services include mobile banking, super agency services, international money transfer services and payment cards. Cardless withdrawal services could be facilitated at ATMs, as well as mobile loans and savings.

Group CEO at UBA Africa Kennedy Uzoka said, “We are very excited about this partnership with Airtel that will see the introduction of innovative solutions in the e-commerce space in Africa.

“The rich bouquet of mobile-based services that we will be introducing under the partnership will not only support financial inclusion across Africa, it will also improve trade and break barriers of doing business on the continent.”

The partnership has been structured to service customers in the 12 countries where both companies are already present and include Ghana, Nigeria, Burkina Faso, Gabon, Sierra Leone, Kenya, Tanzania, Uganda, Chad, Zambia, Congo Brazzaville and DR Congo.

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