News Update - Telecoms and ICT in Africa - Issue No 1051 on 30 April 2021

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Orange’s digital bank hits 500,000 users in Cote d’Ivoire – further roll-outs planned

30 April 2021

Orange Bank Africa was launched last year in Cote d’Ivoire and is already beginning to attract customers. Russell Southwood did an email Q and A with a member of the Orange mobile financial services team to find out how it works and what’s planned. Q: When Orange launched its digital bank in France what was the strategic rationale for this move? A: Orange affirmed its ambition to diversify into mobile financial services at the launch of our Essentiels2020 strategic plan back in 2015. This consisted of concentrating our efforts particularly on mobile banking as it offered significant growth prospects. This…