consumer protection, dominance, East Africa, financial institutions, innovation, Kenya, mobile payments, Telecoms, Uncategorized

Tech antitrust news: disrupting M-Pesa mobile payment monopoly? cashless NFC mandatory?

Disruption & entry — mandatory cashlessness — and alleged collective dominance Perhaps they don’t realise it themselves, but the journalists at ITWeb Africa have written antitrust/competition law strories in three of their recent reports, covering the rapidly growing and lucrative tech world in Africa: their stories range (in antitrust terms) from collective dominance in Africa’s […]

AAT exclusive, Big Picture, ECONAfrica, economics, event, financial institutions, innovation, mobile payments, Mozambique, Telecoms

Africa: Increased growth rates, innovative banking sector, investment vs. development aid

The above topics were among those discussed at this year’s #AfricaFinanceForum, hosted by the Corporate Council on Africa.  The annual event featured high-level speakers, such as Rhoda Weeks-Brown, IMF General Counsel, who pointed to increased expected economic growth rates of 3.5% in 2019 (half a point higher than in 2018) and a faster per-capita income rise […]

Big Picture, consumer protection, ECONAfrica, full article, Kenya, Morocco, politics, public-interest, South Africa

Antitrust in the Digital Economy: Fighting Inequality?

HOW CAN COMPETITION LAW ENFORCEMENT IN THE DIGITAL ECONOMY HELP IN THE FIGHT AGAINST POVERTY? By DWA co-founder and visiting AAT author, Amine Mansour* (re-published courtesy of Developing World Antitrust’s editors) When talking about competition law and poverty alleviation, we may intuitively think about markets involving essential needs. The rise of new sectors may however prompt competition authorities […]

dominance, exclusivity, financial institutions, Kenya, mobile payments, settlement, Telecoms

Antitrust enforcer subjects mobile payment operator to central bank oversight

CAK settles with Safaricom, requires non-exclusivity of outlets and forces Central Bank oversight of payment operator The mobile payments sphere, particularly growing in African countries as we reported previously, is abuzz with news that a competition regulator has now expressly subjected Safaricom (a prominent Kenyan operator) to oversight by the country’s Central Banking authority.  It […]

Kenya, mobile, mobile payments, Telecoms, Uncategorized

Airtel Kenya requests probe of Safaricom for abuse of dominance in mobile money transfer market

Mobile payment wars heating up in Kenya Airtel Networks Kenya Limited (“Airtel”) has joined forces with Kenya-based Equity Bank to launch a similar mobile banking product, M-KESHO in July 2014 to the established product provided by Safaricom Limited (“Safaricom”). Safaricom offers a product named “M-Pesa” to its customers in Kenya and Tanzania.  M-Pesa is a […]

AAT, full article, healthcare, innovation, Kenya, mobile payments

Philips & innovation in Africa: Driving worldwide growth

Philips’ CEO Frans van Houten recognizes untapped potential, invests in Africa In February, AAT launched its multi-part series on innovation & antitrust as a thematic collection focusing on the concept of innovation markets and how competition and IP laws are able to address the, by definition, novel issues that arise.  Recently, and timely so, Philips […]

BRICS, mergers, mobile, predatory pricing, South Africa

Internet & mobile operators at war: merge, acquire, complain

Deals and accusations rock ZA’s Vodacom The South African mobile operator landscape can be described as a microcosmic reflection of the larger African experience: Mobile technology is exponentially more developed than what an outside observer would otherwise predict, based on distinct economic predictors.  One of the key reasons for this highly-developed sub-Saharan mobile world is […]

event, financial institutions, innovation, mobile payments

Financial Times: Africa “most exciting”; FT hosts inaugural investment summit

First-ever FT African Investment Summit to be held in London In October, the Financial Times will be hosting a timely “FT-Live” London symposium on investment in Africa.  The Oct. 6th FT Africa Summit (agenda) is expected to draw a global audience from various industry sectors, limited to 150 attendees. Whether or not the conference will […]

BRICS, dominance, Kenya, mobile, mobile payments, Nigeria, South Africa

More or less competition in African mobile payments sector?

More countries may enter the mix of players – but at the platform level, competition may have stagnated As we reported last month, the mobile payments sector is going gangbusters on the African continent.  Kenya is ahead of the game, but other countries are closing in. Kenya itself is considered by many to be at […]

Kenya, Media, mobile, mobile payments, Telecoms

Mobile Telecom and Payments sector getting boost from state in Kenya

See PDF reprint of this article (published by “e-competitions“) here. According to a release by the Kenyan Communications Commission (CCK), the CCK is cooperating with the country’s Competition Authority (CAK) to enhance the mobile telecoms sector in Kenya. The CCK is aiming for 90% of all Kenyans to have access to mobile communications devices within […]