Besides Western Union, there is no real way to move money between African countries. I don’t know a lot about payments, but as a user of financial services, this just feels like an absurd problem to have in 2018.
Tigo Rwanda and Tigo DRC – both subsidiaries of Millicom – partnered to enable the transfers in addition to similar service launched between Tigo Rwanda and Tigo Tanzania in 2014.
This service will kick off in ten countries including Armenia, Burkina Faso, Ghana, Indonesia, Kenya and Nigeria.
The partnership will allow customers of MTN in both countries to receive western union money transfer (WUMT) in their mobile wallets.
Tigo, has partnered with Western Union, to allow Rwandans receive international remittances to their mobile money wallet through Tigo cash accounts.
The world’s most famous cryto-currency, Bitcoin, makes it debut in Africa, in Kenya to be specific, via Kipochi. Kipochi’s Bitcoin transfer service integrates with the near ubiquitous M-Pesa, will allow Kenyans send and receive money abroad, and perhaps present a viable, cheaper alternative to Western Union. Source: Memeburn