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Mastercard hosts first-ever fintech day in Ghana to drive financial inclusion
In a first for West Africa, Mastercard hosted its inaugural Mastercard Fintech Day in Accra, Ghana. Bringing together some of the continent’s key stakeholders and thought leaders in the fintech space, the event was a resounding success.
Mastercard partners with EMIS to boost the digital economy in Angola
Also known as the Interbank Service Company, EMIS is the financial infrastructure operator of the Angolan Payment System, responsible for the interbank network for the network of ATMs and Point-of-Sale (POS) terminals.
Light For the World and Mastercard Foundation partner to enable youth employment
Light For the World and Mastercard Foundation partner to enable youth employment for Young Africans with disabilities.
Mastercard partners with Lipa Later Group to expand buy now, pay later solutions in Africa
Mastercard has announced a strategic partnership with Lipa Later, a credit led and technology-driven fintech. This collaboration aims to accelerate the expansion of Buy Now, Pay Later (BNPL) payment services in Africa.
Mastercard et NAPS s'associent pour promouvoir l'innovation dans le paysage des paiements et du digital
Mastercard et NAPS, fintech marocaine de premier plan, ont signé un partenariat de long terme visant à développer des solutions de paiement innovantes pour les particuliers et les entreprises
Mastercard partners with NAPS to drive innovation across Morocco's digital payments landscape
Mastercard and NAPS, a Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses. The partnership consolidates the strong historical relationship between the two entities.
Mastercard and CEBIH partner to drive cybersecurity in Nigeria
The Nigeria Inter-Bank Settlement System (NIBSS) found that 91% of fraudulent attacks were successful in 2020-2021, and the Anti-Corruption Agencies of Nigeria found that almost $18 billion is lost annually to illicit financial crimes.
Mastercard partners with the Ethiopian Minerals Petroleum and Biofuel Corporation to digitize e-commerce platform
Mastercard, in partnership with the Ethiopian Minerals Petroleum and Biofuel Corporation (EMBPC), recently solidified a partnership that includes digitizing the corporation's mineral e-commerce platform.
Mastercard partners with Egyptian Banks to support implementation of tokenization regulations
Mastercard’s continuous efforts are aligned with the Egyptian government’s vision and strategic objectives by promoting access to electronic payments, capitalizing on technological innovation and efficiency to drive financial inclusion and achieve sustainable and economic growth.
Mastercard and egabi partner to expand access to digital lending solutions across Eastern Europe, Middle East, Africa
Mastercard and IT banking solutions company, egabi FSI, have partnered to expand financial institutions and non-traditional partners’ access to new embedded finance and digital lending products across Eastern Europe, Middle East and Africa.
Mastercard's cross-border services express helps modernize international payments
Increasingly, consumers and businesses are looking for ways to send money or pay vendors across the globe quickly and securely. Cross-Border Services Express delivers that completely in a digital-first experience.
Mastercard accelerates sustainable card efforts
Mastercard has announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028.
Mastercard and EthSwitch partner to boost the payments sector in Ethiopia
EthSwitch, Ethiopia’s national payment switch has signed a Memorandum of Understanding (MoU) with Mastercard that will enable financial institutions across Ethiopia to boost the adoption and usage of digital payments.
[Zimbabwe] The People’s Own Savings Bank launches co-badged Debit and Prepaid Mastercard cards
The Mastercard debit card is now the default card that POSB account holders can use to transact whether they prefer using United States Dollars (USD) both internationally and/or locally, and local Zimbabwean Dollars (ZWL) using the same card (one card with two transacting currencies).
Mastercard extends partnership with Banque Misr to enhance digital payments portfolio in Egypt
Building on their successful strategic collaboration, Banque Misr, signed a long-term cooperation agreement partnership with Mastercard to provide the bank with the latest digital payment technology to provide new products, services and innovative solutions to customers, from all segments, and to support digital solutions with advanced and competitive advantages.
[Nigeria Business Week] Andrea Ayemoba: Investments take priority over all
With global inflation spiraling out of control, every country is working harder than ever to welcome new enterprise and business. Nigeria made great progress in this in recent months.
Mastercard partners with National Bank of Egypt to digitize Egyptian economy
Through this collaboration, Mastercard and NBE will offer best-in-class digital payment solutions that will help bring more unbanked and underbanked into the formal economy.
e&, Mastercard partner to drive digital future for consumers in 16 markets across Africa, Middle East and Asia
These experiences include providing consumers with innovative alternatives to how they choose to pay for a variety of lifestyle activities. Consumers will also benefit from exciting, personalized offerings and opportunities to engage with multiple brands.
Mastercard partners with Copal to launch Egypt’s first family payments mobile application
This seamless solution aims to further drive financial inclusion in the country through the integration of underbanked youth into the formal economy.
Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
Through the partnership, Network will launch Mastercard’s Brighterion Artificial Intelligence (AI) technology across the region, providing transaction fraud screening and merchant monitoring to acquirers and businesses.
Heifer International to partner with Mastercard to empower millions of smallholder farmers in Africa
Heifer International and Mastercard have announced an agreement to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard's Community Pass – a digital platform that makes it safer and easier for farmers to get paid more and faster for their produce.
Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA
The new card was announced will allow ZoodPay to scale its offerings and provide BNPL solutions to customers and merchants without being restricted to the ZoodPay network.
Jean-Charles Yallet, nouveau Directeur Régional de Mastercard en Afrique Francophone
Jean-Charles Yallet, une nomination qui participe au renforcement de l’engagement de Mastercard dans les marchés clés.
Mastercard and Ubirider partner to provide mobility-as-a-service solutions for transit operators globally
Through this partnership, Mastercard and Ubirider will look to expand on the early success of the products in Portugal to simplify access and payments for mobility services.
DFC and Mastercard team for financial inclusion in Africa
With a focus on Africa, New DFC and Mastercard collaboration to provide up to $50 million in potential financing to enable digitization and financial inclusion.
The first investment of the Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
The first investment of the Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management, a gender-lens 20mUSD fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.
Mastercard Foundation launches $200 million fund to catalyze job opportunities
The Mastercard Foundation Africa Growth Fund (MFAGF), a Fund of Funds that works through African investment vehicles to support early-stage, growth-oriented SMEs on the continent, has been launched with a committed $200 million.
[South Africa] Mastercard and payment gateway PayFast extend support to SMEs
With hundreds of SMEs impacted during Covid, Mastercard and PayFast are lending their continued support to these operations, with this campaign being one of many initiatives.
EthSwitch, Oromia Bank and Mastercard partner to ensure all banks ATMs accept Mastercard debit, credit, and prepaid cards
From today, tourists, and local citizens carrying Mastercard payment cards can withdraw local currency from Oromia Bank ATMs processed by the EthSwitch network.
[Ethiopia] Hibret Bank and Mastercard give small businesses a boost through e-commerce payment solution
Hibir e-commerce is first-of- its kind in the Ethiopian banking industry. This move is expected to help local businesses reach new markets and increase revenue while expanding Ethiopia’s access to the digital economy.
[Nigeria] Mastercard signs deal with Lagos State Employment Trust Fund to drive digital financial inclusion for MSMEs
The MoU will boost the capacity of MSMEs to grow their businesses while supporting the startup fintech community in Lagos.
Mastercard partners with BitOasis to launch crypto-linked cards across MENA region
BitOasis customers will be able to convert their cryptocurrency holdings to fiat currency allowing the consumer to easily shop and pay at more than 90 million merchant locations globally.
Fintech emerging as Africa’s most vibrant sector, study
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.
Mastercard and Cellulant partner to empower consumers across Africa to join the global digital commerce market
The partnership will enable customers to pay globally with a Mastercard virtual payment solution linked to the Cellulant wallet, Tingg; Mastercard's technology will enable consumers to shop online with or without a bank account, through a simple and secure payment experience.
Data analytics and artificial intelligence to drive the growth of fintech, study
The metaverse, AI, 5G, and data analytics are making hyper-personalized experiences possible for consumers, which, in turn, fuel the demand for a 24/7 digital experience.
Prophius partners with Mastercard to launch Tap on Phone payments to Small Businesses in Sub-Saharan Africa
Financial technology company Prophius has announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale.
South Africa’s appetite for digital payments continues to grow, Mastercard new payments index 2022
Mastercard’s New Payments Index 2022 found that 95% of people in South Africa have used at least at one emerging digital payment method in the last year.
Mastercard announces deal with Kenya Tourism Board to help boost tourism
The aim of the MoU is to drive growth of tourism numbers into Kenya by leveraging various Mastercard channels, including its Priceless.com platform.
Mastercard and partners launched contactless Tap-to-Pay transactions via smart devices in Nigeria
ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria.
[Ghana] DPO Group collaborates with Mastercard to help businesses accept digital payments
Through the collaboration, DPO will leverage Mastercard’s digital payments technology to enable merchants to safely, seamlessly and securely accept a wide range of digital payment methods including mobile money and via e-wallets – both locally and from abroad – in the currency of their choice.
Mastercard partners with Google to launch Google Pay in South Africa
A secure, more seamless way to transact, Google Pay saves customers from handing over their payment cards, touching physical buttons, or exchanging cash.
Carrières à la Mastercard Foundation-Programme de stages pour les diplômés
La Fondation Mastercard recrute la prochaine cohorte de jeunes diplômés à travers l'Afrique et le Canada pour son programme de stages de 6 à 12 mois.
Careers at the Mastercard Foundation-Graduate Internship Program
The Mastercard Foundation is recruiting the next cohort of young graduates across Africa and Canada for our 6-12 month Graduate Internship Program.
Consumers in MENA embrace Mastercard digital payments
Adoption of a broader range of digital payment methods is accelerating in the MENA region and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022.
Consumers in Egypt embrace Mastercard digital payments
Adoption of a broader range of digital payment methods is accelerating in Egypt and the technology fueling the future of payments is already here according to Mastercard’s New Payment Index 2022.
Africa CDC saving lives and livelihoods initiative commences implementation in Kenya
Africa CDC in partnership with the Mastercard Foundation, has commenced the Country implementation of the Saving Lives and Livelihoods initiative in Kenya to accelerate the COVID-19 vaccination.
Telda receives final approval from The Central Bank of Egypt to launch Telda card and app
The Central Bank of Egypt has officially granted Telda the final approval to start operating its card and application in the Egyptian market, in a stride to fulfill financial inclusion and digital transformation goals as envisioned by the Central Bank of Egypt.
Mastercard strengthens its Saudi leadership team to accelerate growth across MENA Central cluster
Mastercard has announced the appointment of Adam Jones as the new Country General Manager of its MENA Central cluster.
Canal+ Group acquires Rwandan studio Zacu Entertainment
CANAL+ Group announces the acquisition of ZACU Entertainment, a major player in the production and distribution of content in Rwanda.
Honeywell joins City Possible network pioneered by Mastercard
Honeywell announced it is joining City Possible, the ecosystem pioneered by Mastercard that brings cities, companies and communities in the Middle East together to identify common challenges and develop solutions that advance inclusive and sustainable urban development.
Mastercard expands travel suite
Mastercard Travel & Lifestyle Services is a travel planning and booking gateway, granting World and World Elite cardholders access to exclusive guarantees, amenities and upgrades, 24/7 concierge and premium offers and entertainment from top travel brands.
Spire and Mastercard partner to enhance and simplify digital banking
Spire, a leading GCC Open Banking services provider, has announced a strategic partnership with Mastercard, a technology leader in the global payments industry.
Mastercard signs MoU with Saudi Esports Federation to promote the Kingdom’s billion-dollar gaming industry
Mastercard and the Saudi Esports Federation (SEF) have signed a Memorandum of Understanding (MoU) to help promote the Kingdom’s billion-dollar gaming industry.
Mastercard launches its first-ever music album: Priceless®
Mastercard unveiled its first ever music album titled Priceless® at the Cannes Lions Festival of Creativity.
Mastercard strengthens leadership team to accelerate growth across Middle East and North Africa
Mastercard has reaffirmed its commitment to the GCC and wider region through the appointment of Mastercard veteran J.K. Khalil to lead its operations across the MENA East Cluster in his new role as Cluster General Manager.
International sales and global suppliers key to ensure post pandemic business recovery and growth
Data from Mastercard’s 2022 Borderless Payments Report has revealed two in five (46%) small and medium sized businesses (SMEs) in Eastern Europe, Middle East and Africa (EEMEA) are earning more money than before the pandemic.
[Ethiopia] Saving lives and livelihoods initiative hits one-year milestone
The largest public health partnership between a global philanthropic organization and an African institution – has proven to be catalytic.
Ethiopia officially launches a new digital platform that provides public health emergency-related information
Ethiopia’s Ministry of Health and the Ethiopian Public Health Institute with the Ministry of Innovation and Technology and the Mastercard Foundation launched a digital service that will provide sustainable public health emergency information to the public in five different languages.
Mastercard welcomes NymCard as principal Mastercard issuer to boost UAE fintech landscape
Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE.
Mastercard and EziPay join to provide fintechs more digital commerce solutions for millions in MEA
Mastercard has strengthened its collaboration with major fintech operators by partnering with EziPay to enable millions of consumers across the Middle East and Africa (MEA) to make global digital commerce payments swiftly, safely and securely.
Mastercard and Ecobank partner to digitize agricultural value chains in Africa
Mastercard and Ecobank Group have partnered to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform that makes it safer and easier for farmers to sell their produce at a fair price.
[Mastercard Economics Institute] Pent-up demand drives global leisure and business flight bookings
After a turbulent two years, new research from the Mastercard Economics Institute reveals that global leisure and business flight bookings have surpassed pre-pandemic levels, while spending on cruise lines, buses and trains saw sharp improvements this year.
Mastercard strengthens digital payment capabilities across EEMEA
For the digitally connected consumer who seeks immediacy and convenience, Mastercard’s Digital First program delivers an innovative and secure experience that makes it easier to pay and enjoy the value of the card in ways that personally matter.
Mastercard and Musafir partner to boost seamless travel bookings through innovative solutions
As recovery of the travel industry picks up steam, payments technology company Mastercard and travel website Musafir have partnered to take travel bookings originating in the Middle East and North Africa, to new heights
Mastercard and HyperPay sign a strategic partnership
Mastercard has announced a strategic partnership Saudi Arabia-based HyperPay to drive the adoption of digital payment solutions across the region.
Mastercard, One Global and i2c partner to launch integrated wallet in Middle East and North Africa
Mastercard, One Global™ and i2c have announced a partnership to provide tailored financial solutions that will enable the issuance of digital mobile wallets in the region.
[Egypt] Sokin expands payments partnership with Mastercard across the region
Sokin expands payments partnership with Mastercard to connect consumers in 39 new markets to payments services that are more open and transparent, removing the barriers that have historically hindered access and financial inclusion.
Kamel Pay and Mastercard launch new card propositions to drive financial inclusion in the UAE
Kamel Pay, a leading fintech in the region, has partnered with Mastercard to launch two innovative payments solutions for businesses and individuals in the UAE.
Mastercard, Network International and NBS Bank Plc partner to accelerate digital payments adoption in Malawi
This will be the first implementation of an innovative digital payment’s platform launched by Mastercard and Network International last year.
Mastercard drives scale of buy now, pay later with raft of new partners
Mastercard has announced a growing list of leading partners, including BNPL specialists and globally recognized brands, further expanding Mastercard Installments, the unique BNPL program that delivers greater choice at checkout, both in-store and online.
Pan-African fintech Ukheshe brings in Mastercard's Track Instant Pay service
The first businesses in the Middle East and Africa region have started to experience the seamless ease of Mastercard’s Track Instant Pay solution, in partnership with leading pan-African fintech enablement partner, Ukheshe Technologies.
Mastercard and CIH mark launch of CIH Pay in Morocco
Mastercard and CIH Bank have hosted a gala evening to mark the launch of the innovative new mobile payment solution in Morocco.
Mastercard Women SME Leaders Awards 2022 est ouvert aux candidatures d'entreprises appartenant aux femmes
Pour célébrer leurs réalisations, Mastercard a annoncé la première édition des Women SME Leaders Awards 2022, la première initiative du genre à reconnaître et à autonomiser davantage les PME détenues et gérées par des femmes au Moyen-Orient et en Afrique.
Mastercard Women SME Leaders Awards 2022 is open for nominations from women-owned and run businesses in the region
As a celebration of their achievements, Mastercard has announced the inaugural Women SME Leaders Awards 2022, the first initiative of its kind to recognize and further empower women-owned and run SMEs in the Middle East and Africa.
Mastercard expands consulting with practices dedicated to crypto, open banking and ESG
To help businesses evolve and supercharge their growth enterprise-wide, Mastercard announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG).
Mastercard welcomes Siemens Software to the Priceless Planet Coalition
Mastercard welcomes Siemens Digital Industries Software into the Priceless Planet Coalition, which aims to restore 100 million trees by 2025, to collaborate in the movement against climate change.
Mastercard expands its business intelligence platform for financial institutions in the Middle East and Africa
The new platform provides a comprehensive view of payments insights, competitive intelligence and industry trends for banks and financial institutions across the world and now within the Middle East and Africa.
Mastercard and Fintech Kashat partner to expand financial services to Egypt’s unbanked and underbanked
In a move that will see enhanced financial services for people in Egypt, Mastercard and Egyptian fintech Kashat have signed a five-year agreement that will digitize the onboarding, disbursement, and collection processes for MENA’s first nano financial service provider.
[Ghana] DPO Group partners with Mastercard to help businesses accept digital payments
DPO Group has partnered with Mastercard to enable thousands of businesses in Ghana to offer their customers greater choice and convenience by pivoting online and accepting digital payments.
Deem finance and Mastercard introduce limited edition world credit card to celebrate UAE’s year of the 50th
Deem Finance and Mastercard have announced the launch of a one-of-its-kind Golden Jubilee Limited Edition World Cashback Credit Card.
Mastercard builds on its diversity commitment by joining pledge to accelerate gender balance in the UAE private sector
As part of its ongoing commitment to advance diversity and gender balance across its own operations, the technology industry, and the wider ecosystem, Mastercard has jointly signed an official pledge to meaningfully advance gender balance in the UAE.
[Kenya] Banque Saudi Fransi partners with Mastercard to launch the region’s first customizable cashback credit card
Banque Saudi Fransi (BSF) and Mastercard have partnered to launch the region’s first customizable cashback credit card that provides cardholders with the opportunity to select the cashback features to complement to their lifestyle and preferences.
Mastercard and ProgressSoft partner to simplify remittance solutions across Middle East and North Africa
With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection.
Fellowship opportunity empowers thousands of African students to start/continue scalable businesses
The Mastercard Foundation and the Dunin-Deshpande Queen’s Innovation Centre (DDQIC) have announced a partnership offering free virtual entrepreneurship training, and an opportunity to receive startup funding to more than 1,000 African students.
Mastercard Foundation and Light For The World Launch online platform for persons with disabilities
Light for the World Uganda, in partnership with the Mastercard Foundation Scholars Program, launched an online platform, Cap-Able, which will enable higher education institutions, primarily Scholars Program Partner Universities, to become more disability inclusive.
[South Africa] Mastercard and PayFast host masterclass to help SMEs start or grow a resilient online business
Under the theme ‘The New Age of Digital Entrepreneurs: Growth Re-loaded’, the masterclass brings together some of South Africa’s incisive business and management gurus who will share insights on how SMEs can start or grow their business online, mitigate risks, and take the “new normal” by storm.
[South Africa] SlipMate offers first Mastercard corporate prepaid cards for e-commerce
South African expense management solution SlipMate has announced that it has enabled e-commerce functionality for its Mastercard corporate prepaid cards, a first-of-its-kind integration for the South African market.
Mastercard Foundation and Africa CDC’s delivers first tranche of over 15 million vaccines
The Mastercard Foundation and Africa CDC jointly announced that 15.2 million vaccines purchased under the Saving Lives and Livelihoods initiative are currently being distributed across Africa.
[South Africa] Mastercard partners with Home Remitt to bolster affordable international money transfers
Through this partnership, Home Remitt integrated Mastercard Cross-Border Services into its money transfer service, providing migrants with an affordable means to send money to millions of bank accounts, mobile wallets and cash pick up locations in India, Bangladesh, Kenya and Pakistan, with other countries to be enabled in the near future.
Mastercard and Paymob launch Tap-On-Phone in Egypt, a new digital payment solution for small businesses
Paymob, Egypt’s pioneer in digital payments, has partnered with Mastercard to launch the Tap-on-Phone digital payment acceptance service in Egypt, the first-of-its-kind in the country.
Mastercard foundation, USIU-Africa, and ASU partner to strengthen e-learning capacity in Africa
The Mastercard Foundation, United States International University-Africa, and Arizona State University announced the launch of the Mastercard Foundation Scholars Program e-Learning Initiative, which will enable more than 600,000 university students to pursue their studies from anywhere across Africa.
[Egypt] Mastercard partners with MoneyFellows to launch innovative digital solutions
Mastercard has partnered with MoneyFellows, the digitized ROSCA (Rotating Saving and Credit Association) system, to offer MoneyFellows customers a range of new digital solutions and services that will help drive the expansion of Egypt’s digital economy.
Jobberman launches Alliance for Better work initiative
Jobberman, the single largest job placement website in sub-Saharan Africa, has today announced its Alliance for Better Work initiative, as part of its longstanding partnership with the Mastercard Foundation.
University of Rwanda and Mastercard Foundation launch $55 million partnership for African leaders
The Mastercard Foundation and University of Rwanda announced a 10-year, $55 million partnership to enable higher education access for 1,200 young Africans.
South African women entrepreneurs bridge the digital divide, Mastercard report
Despite having to contend with gender disparities, women entrepreneurs in South Africa are bridging the digital divide and have adopted and integrated digital solutions into their businesses on a scale comparable to their male counterparts.
Mastercard brings Egyptians closer to their passions as it expands priceless platform
In line with its ongoing commitment to Egypt, Mastercard has announced the expansion of its globally-renowned Priceless platform in the market to bring people in Egypt closer to their passions.
Verizon Business partners with Mastercard to bring 5G to the global payments industry
From contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions, Mastercard and Verizon Business will collaborate to deliver scalable innovations that drive the industry forward and create new experiences for consumers and businesses alike.
Consumer appetite for digital payments takes off in Nigeria, Mastercard payments index
The Mastercard New Payments Index shows 96% of Nigerian consumers will consider using at least one emerging payment method, such as cryptocurrency, biometrics, contactless, or QR code, in the next year.
8,000 women and young Nigerians to benefit from RecyclePoints’ partnership with the Mastercard Foundation
RecyclePoints and the Mastercard Foundation announced a partnership to enable more than 8,000 women and young people to access work opportunities aimed at tackling the challenges associated with waste pollution and unemployment in underserved communities in Nigeria.
E-Livestock Global launches blockchain solution to support the cattle industry in Zimbabwe
E-Livestock Global has launched a first-of-its kind solution powered by Mastercard’s blockchain-based Provenance solution, empowering Zimbabwean farmers to prove the origin and health records of their cattle, while reducing risks to buyers.