Egypt's gold prices fall on Thursday    China to reviews anti-dumping duties on EU toluidine    Asian stocks slide on Thursday    China pours over $300m into flood relief efforts    Carlyle Group targets significant investments in Egypt's oil, gas sector    El Gouna City unveils Fanadir Marina, becoming Egypt's largest private yacht operator    22 banks, 8 companies offer EGP 70bn in mortgage finance since June 2014: MFF    Egypt's PM reviews progress of Warraq Island urban development    Over 200 cultural events planned across Egypt to mark June 30 Anniversary    Health Minister discusses cooperation with UN Office on Crime, Drugs    Egypt, Yemen reaffirm strategic ties, stress Red Sea security concerns    264 days of targeting civilians in Gaza by Israeli aircraft    Taiwan's ASE Technology to expands chip packaging in US, Mexico    EU supports € 650b plan for cities to achieve net zero by '30    Somalia faces dire humanitarian crisis amidst Al-Shabaab threat, UN warns    Sweilem leads Egyptian delegation to South Sudan for high-level talks, project launches    Joyaux collaborates with IGI to certify luxury jewellery    Egypt, South Sudan strengthen water cooperation    33 family tombs unearthed in Aswan reveal secrets of Late Period, Greco-Roman eras    First NBA Basketball school in Africa to launch in Egypt    Central Agency for Reconstruction develops Fustat Hills Park in Cairo    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Orange Kenya, Equity Bank finalize deal
Published in Bikya Masr on 25 - 05 - 2011

A new partnership was formalized on Monday between Orange Kenya and Equity Bank that will see greater access for customers to the bank's customer service agents across Kenya. The move is also aimed at boosting Orange Kenya's revenue that has been hit hard by recent price battles between telecom operators in the country.
According to a joint press statement, the new deal will give customers that ability to “access the services from the more than 2,300 Equity Agent outlets opened over the past few months, to deepen access to financial services among all Kenyans.”
In the same press statement, Orange Kenya CEO Mickael Ghossein added that these services to banking sources will help “compliment” Orange Money services “that are already offered at Equity Bank branches, independent Orange Money agents, Orange shops and dealer outlets across the country.”
He continued to say that his company was committed to the new strategy and hopes that it will help create a “robust distribution network” via the banking services offered.
As at March, there were more than 115,000 registered Orange Money customers with projections that the number will increase in the coming months, as the service moves to sign more partnerships with other organizations driving the new growth, the company said.
“Orange Money is only in its seventh month now and by the time it turns one year old we will have made other landmark strides, which will continue to set us apart from competition. We are grateful for the continued support from our strategic partner Equity Bank,” Ghossein said.
BM


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