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Wire · technology

Ericsson, MTN Group Fintech expands MoMo across Africa

24 August 2026 · By · Wire by Fusion42

Published

24 August 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

Africa

◆ Source

Read at mobileeurope.co.uk →

◆ Verified

Fusion42 · 24 August 2026 · Fusion42 review

Ericsson and MTN Group Fintech completed the Mobile Money (MoMo) Evolved Migration in multiple African countries, moving MTN MoMo to a cloud-native architecture to enhance performance and scalability. Further modernisation projects are planned for other African markets to support MTN Group's Ambition 2030 strategy and growth of digital financial services.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Your fintech platform must shift to cloud-native to compete on speed and scale as MTN sets a new standard for digital finance in Africa. This upgrade opens doors to faster integrations and partnerships you can pursue now.

◆ Coverage

1 source · 24 Aug 2026

◆ Related on Wire

◆ Topics

Fintechmobile-moneycloud-nativedigital-financeafricatelecoms