Bloomberg News

Ecobank, Bharti Airtel in Agreement on Mobile Banking in Africa

June 06, 2011

June 6 (Bloomberg) -- Ecobank Transational Inc. and Bharti Airtel Ltd. signed a memorandum of understanding to boost mobile banking services across Africa, Ecobank said.

“Both companies will launch a wide range of mobile financial services offerings,” Lome, Togo-based Ecobank, Africa’s largest lender by geographical spread, said in an- emailed statement today.

To contact the reporter on this story: Emele Onu in Johannesburg at eonu1@bloomberg.net

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net


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