MTN MoMo and AfCFTA partner to drive financial inclusion

Date: 2025-09-10
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In a significant step toward advancing Africa's digital economy, MTN's fintech platform MoMo hosted His Excellency Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA), at the MTN Fintech Summit 2025. The high-level engagement focused on strategic partnership opportunities between AfCFTA and MTN Fintech to enhance financial inclusion and economic integration across the continent.

The event featured MTN's senior leadership, including Group Chairman Herman Bosman, Group Fintech CEO Serigne Dioum, Chief Sustainability & Corporate Affairs Officer Nompilo Morafo, and Group Legal Officer Nikiwe Tanga. The discussions centered on collaborative efforts to lower cross-border payment costs, empower small and medium enterprises (SMEs) and women traders, and create new opportunities for Africa's youth.

A key highlight was a fireside chat between the Secretary-General and MTN's leadership, moderated by Komba Malukutila, addressing the theme "Leading Through Disruption: Regulation, Innovation, and Financial Inclusion." The dialogue emphasized the critical role of innovation and regulatory alignment in unlocking Africa's economic potential.

MoMo reaffirmed its commitment to driving impactful change by making financial services more accessible to all Africans. This partnership represents a shared vision to harness digital transformation as a catalyst for inclusive growth, leveraging the AfCFTA framework to break down barriers and foster a more connected and prosperous African digital economy.

By:  Nana Appiah Acquaye

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