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GSMA Launches Mobile Money Interoperability Test Platform

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Interoperability can help the mobile money industry shift to a higher gear, where customers can pay merchants and transfer money without having to consider which mobile money provider they are using.

More so, end-to-end interoperability may provide more people with access to financial services and enable new services to address the needs of the most under-served user groups.

This is according to the GSM Association (GSMA), which underlines the role its Mobile Money Interoperability Test Platform (ITP) (launched in March 2020) plays in testing to help instill reliability and trust within financial services.

The organisation says to achieve scale, it is necessary to have a high degree of reliability between all systems involved in enabling those transactions, leading eventually to consumer trust in the financial system. Especially amongst under-served groups, reliability and trust in the financial system are critical for success and adoption.

According to the GSMA, for over a decade, mobile money has been driving financial inclusion, opening access to digital transactions and giving people the tools to better manage their financial lives.

“Today, there are more than a billion registered mobile money accounts globally, spread across 290 mobile money deployments that are live in 95 countries. In Africa over 50.7 million new registered mobile money accounts were opened in 2019-20 alone, taking the total number of registered accounts in the region to 481 million.

The total transaction volume and value for mobile money accounts during this period was 24 billion and $461 billion (up by 20% and 27%) respectively,” the organisation stated.

The COVID-19 global pandemic has accelerated the need for mobile and digital technology on the African continent. This has created a platform for innovation.

New companies are emerging with service offerings aligned to a new way of transacting, further unlocking employment opportunities but also highlighting a need for skills development as the world digitally transforms.

The GSMA’s Director of Inclusive Fintech for Mobile Money, Bart-Jan Pors, said: “The platform empowers both Third-Party Service Providers and Digital Financial Service Providers to test their software implementation in an end-to-end ecosystem.

It solves complex testing scenarios through the simulation of the different ecosystem entities, the different APIs and different use cases.”

The GSMA Inclusive Tech Lab is guided by a global Advisory Group which comprises GoPay, IDEMIA, KaiOS, MTN, Telenor, the University of Washington, VEON, Vodafone, and The Bill & Melinda Gates Foundation.

The role of this advisory group is to assess, prioritise and contribute towards potential project ideas that drive financial and digital inclusion for the under-served, including the openness and interoperability of payment systems, service accessibility for women and vulnerable user populations, digital identities for unregistered people.

Under their guidance, it was found that this rapid rise in the need for digitisation has been accompanied by an increasing emphasis on the need for mobile money accounts to be able to work together across different networks, also known as account-to-account interoperability.

“We are pleased to support the Interoperability Test Platform, as a shared industry resource to accelerate the design of digital payment systems that benefit the poor, including the 1.7 billion people, globally, who do not have access to formal financial services,” said Kosta Peric, Deputy Director, Financial Services for the Poor, Bill & Melinda Gates Foundation.

Max Cuvellier, Head of Mobile for Development, GSMA, added: “To truly transform the financial lives of all citizens, mobile money must become a primary monetisation mechanism, universally available across a greater range of digital transactions. By making mobile money more central to the financial lives of users, greater financial inclusion, economic empowerment and economic growth can be achieved.”


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NCC Bars Ex-Officials from Joining Telecom Firms for 5 Years

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Nigerian Communications Commission (NCC) has introduced strict corporate governance rules that will bar its top officials from taking up roles in telecom companies they regulate until five years after leaving office.

NCC Bars Ex-Officials from Joining Telecom Firms for 5 Years

Under the new Corporate Governance Guidelines for the Communications Industry, the Chairman, Executive Vice-Chairman, and Board Commissioners, both executive and non-executive, are barred from being appointed to any position in a licensed telecom company until five years after their exit from the Commission.

Similarly, Directors of Departments at the NCC face a three-year cooling-off period before they can take jobs with any licensee under the Commission’s supervision.

The move, announced on August 11, 2025, seeks to enhance transparency, accountability, and ethical standards in Nigeria’s fast-growing telecommunications industry.

Departmental directors face a three-year cooling-off period before joining any licensee under the agency’s oversight.

This policy aims to prevent conflicts of interest and ensure impartial regulation.

By creating a clear separation between regulators and the industry, the NCC hopes to curb undue influence and maintain public trust.

]The guidelines reflect a global trend in regulatory bodies enforcing cooling-off periods.

Similar measures exist in industries like finance and energy to safeguard against regulatory capture.

For Nigeria’s telecom sector, this is a significant step toward aligning with international best practices.

The NCC’s new framework also targets telecom operators’ internal governance.

Board chairmen or vice-chairmen are barred from holding executive powers or serving as MD/CEO of a licensee.

Former board chairmen and non-executive directors must wait five years before assuming executive roles in the same company or its affiliates.

Additionally, no more than two family members can serve on a licensee’s board simultaneously.

These measures aim to promote balanced board structures and reduce nepotism.

Dr Aminu Maida, executive vice-chairman, NCC, emphasised the importance of these reforms.

“Corporate governance is no longer a soft requirement. It is now a strategic imperative,” he said during the guidelines’ launch in Lagos.

Maida highlighted that robust governance correlates with better business performance, citing an NCC internal review. Companies with strong governance frameworks consistently outperform peers in service delivery, financial management, and regulatory compliance.

Nigeria’s telecom sector is a cornerstone of its digital economy. With over 222 million active mobile subscriptions as of Q1 2025, the industry supports critical sectors like finance, healthcare, and education.

However, challenges like cybersecurity threats, energy shocks, and rising consumer demands have exposed governance weaknesses. The NCC’s new rules aim to address these by fostering transparency, accountability, and innovation.

The guidelines apply to all communications companies holding individual licences and paying Annual Operating Levies (AOL) under the AOL Regulations 2022.

The NCC has indicated flexibility in applying the rules across different licence categories, with phased compliance measures to be communicated in writing. While the rules may cause short-term disruptions for operators, the NCC insists that long-term benefits, like improved service quality and market trust, will outweigh these challenges.

 


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Airtel, Vodacom sign Network Infrastructure Agreement to Drive Digital Inclusion

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Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets including Mozambique, Tanzania and the Democratic Republic of Congo (DRC), subject to regulatory approvals in the various countries.

The agreement marks a transformative milestone in promoting digital inclusion and expanding access to reliable connectivity across Africa.

The initial partnership focuses on sharing fibre networks and tower infrastructure, to accelerate the roll-out of digital services in these markets, increasing connectivity for customers while reducing operators’ infrastructure costs and improving speed to market.

By leveraging existing infrastructure, the collaboration aims to deliver improved connectivity, faster internet speeds, and more reliable services. This will not only enhance customer experience but also assist with providing access to digital services for a broader population, particularly those in underserved areas, helping to bridge the digital divide in Africa.

Vodacom Group’s chief executive officer Shameel Joosub said: “Providing connectivity to empower people is at the core of our strategy. Our partnership with Airtel Africa is a proactive step forward in creating a sustainable, inclusive, and connected digital future for the continent.

Through infrastructure sharing, we can provide cost-effective services to more people, more rapidly, ensuring that no one is left behind in the digital age. As we fulfil our ambition to connect 260 million customers by 2030, the need for scalable and cost-efficient network solutions becomes increasingly significant.

This partnership provides us with the opportunity to narrow the digital divide, empowering more individuals and communities through digitalisation across the continent. It is aligned with our purpose to connect for a better future,” concludes Joosub.

Airtel Africa’s chief executive officer Sunil Taldar said: “This partnership is aligned with our unwavering commitment to delighting our customers by always making our network available to them even in the remotest locations.

“Working with Vodacom, we will open greater access to digital and financial opportunities which will transform the lives of our customers while complying with all regulatory requirements.

“Even as competitors, it has become a business imperative for us to collaborate in the provision of critical infrastructure required to build resilient network with strong capacity to support the emerging digital technologies as well as the growing need for data-enabled products and services.

“Accelerating the deployment of fibre connectivity is a key enabler in the acceleration of 4G and 5G technologies in Africa to deliver the high-speed, low-latency, and reliable connections needed for modern digital applications.

“This partnership allows for further opportunities for both operators to enhance network performance, extend coverage, and increase mobile, fixed, and financial services leveraging a broader footprint on the continent.”


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Truecaller Crosses 100m Users in MEA Region

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Truecaller, a global caller ID and spam prevention platform, has reached 100 million active users in the Middle East and Africa (MEA) region, representing a 19% year-over-year increase.

According to the platform, the region’s main markets include Egypt, Nigeria, South Africa, Kenya, Algeria, Ghana, and Jordan.

Truecaller is routinely utilised on 20% to 45% of connected cellphones in these areas, including Android and iOS devices, according to the business.

The app has gained traction across the African continent with its concept of resolving communication issues for individuals and businesses by blocking unsolicited calls.

It has also collaborated with local businesses, forming major partnerships including a recent cooperation with Telecom Egypt to change consumer communication and experience by providing safe, customised, and seamless calling experiences.

Truecaller’s CEO, Rishit Jhunjhunwala, stated that the service has grown organically in markets such as MEA and India due to the mobile first environment, which uses a user’s mobile number as the primary identifier of calls. He under-lined that the MEA market provides a growth-enabling environment.

“We’re continuing to strengthen our organisation and our partnerships in the region, because we believe that the MEA is poised for significant growth for many years ahead,” said Jhunjhunwala.


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