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Kenya: Bharti Airtel has announced plans to launch a cross border money transfer product. This will enable Airtel Money customers send, receive and withdraw money from their Airtel wallets across East Africa.
The pilot phase will kick off on November 1, targeting – Kenya, Uganda, Tanzania and Rwanda. This follows an approval by Central Banks of the governments of Rwanda, Kenya, Tanzania and Uganda to launch this initiative. The next phase will roll out the service to other Airtel operating countries within the next year.