Mobile payments continue to gain momentum across Africa as Vodafone Egypt and Tunisie Telecom unveil new initiatives aimed at expanding digital financial services in their respective markets.
Vodafone Egypt has partnered with TapTap Send, an international remittance platform, to enable instant cross-border money transfers directly into Vodafone Cash wallets. The service allows Egyptians abroad to send funds from over 30 countries without relying on traditional banking channels, making remittances faster and more accessible.
The move aligns with strong growth in Egypt’s remittance flows. According to the Central Bank of Egypt, remittances rose by 29.6% to $22.1 billion in the first half of FY2025/2026, up from $17.1 billion a year earlier. Vodafone Cash remains a dominant player in the market, accounting for 55% of mobile wallets, 78% of transactions, and 81% of transaction value as of Q2 2025.
In Tunisia, Tunisie Telecom has launched a new mobile payment app, Kashy, in partnership with Viamobile. The app enables users to transfer money, receive payments, top up balances, and withdraw cash, with rollout planned across approximately 30 retail outlets nationwide.
While Tunisia’s digital payments ecosystem is still developing, both announcements reflect a broader continental trend driven by low banking penetration and high mobile adoption. Industry projections suggest Africa’s digital payments economy could reach $1.5 trillion by 2030.
