MomoCalc News
Updates on mobile money fees, government levies and new routes across Africa.
How to Buy SpaceX (SPCX) Stock in Nigeria
SpaceX went public in June 2026 and Nigerian investors want in. Here is the honest guide to buying SPCX from Nigeria — which apps actually offer it, what it costs in naira, and the risks of a newly listed, highly volatile stock.
How to Buy SpaceX (SPCX) Stock in Ghana
SpaceX listed in June 2026 and Ghanaian investors are asking how to get in. This guide covers which platform actually offers SPCX in Ghana, funding in cedis, the real costs, and why a brand-new IPO demands caution.
How to Buy SpaceX (SPCX) Stock in Kenya
SpaceX is public as of June 2026 and Kenyan investors are curious. Here is the straight guide — the M-Pesa-funded apps Kenyans use, the honest truth about SPCX availability on them, the costs in shillings, and the risks.
How to Buy SpaceX (SPCX) Stock in South Africa
SpaceX listed in June 2026 and South African investors want exposure. This guide covers the local platforms, how to check SPCX availability honestly, funding in rand, the tax-wrapper angle, and the risks of a fresh IPO.
Naira Parallel vs Official Rate — The Gap Has Nearly Closed
Update June 2026: the gap remains around 3% (premium ~+3%, parallel ~₦1,400 vs official ~₦1,359). Original piece below tracks the dramatic 60%-to-near-zero convergence story since the 2023 NAFEM unification.
Nigeria Tax Act 2025 — how the new PAYE brackets change your take-home pay
The Nigeria Tax Act 2025, in force since 1 January 2026, replaced the previous PAYE bracket system with a ₦800,000 exemption and six new marginal rates. Here is what changed and how to compute your new take-home.
MTN Ghana adds 0.75% MoMo-to-bank fee from 1 June 2026
MTN Ghana told customers this week that transfers from Mobile Money wallets to bank accounts will attract a 0.75% charge starting 1 June 2026
Bank of Ghana suspends MMFL's 0.75% MoMo-to-bank fee
On 26 May 2026, the Bank of Ghana directed MMFL to suspend its proposed 0.75% MoMo-to-bank fee — one day after MTN Ghana had announced it by SMS to customers.
Ghana opens GH¢500,000 youth loans under the 24-Hour Economy programme
On 13 May 2026, the Ghanaian government opened applications for Fund24, the financing arm of President Mahama's 24-Hour Economy programme. Ghanaians aged 18-35 can apply for start-up loans of GH¢5,000 to GH¢500,000 via 24hplus.gov.gh.
MTN Ghana MoMo hits GH¢1.7B in Q1 2026, MMFL launches
MTN Ghana mobile money revenue grew 28.4% to GH¢1.7 billion in Q1 2026 despite Ghana's April 2025 E-Levy abolition, while MobileMoney Ltd formally separated into the new standalone fintech MMFL on 31 March 2026.
M-Pesa Ethiopia partners with Dahabshiil for Horn-of-Africa remittance route
Safaricom Ethiopia and Horn-of-Africa remittance specialist Dahabshiil agreed a March 2026 partnership that lets Ethiopian M-Pesa wallets receive directly from Dahabshiil's global network of ~25,000 agents.
Mali DGCC confirms 1% infrastructure levy applies to Wave transfers
Mali's Direction Générale du Commerce et de la Concurrence (DGCC) issued a February 2026 ruling confirming that the 1% national infrastructure levy on mobile money transfers applies to Wave Mali, ending a months-long compliance dispute.
Nigeria Tax Act 2025 recategorises the ₦50 EMTL as Stamp Duty paid by the sender
Effective 1 January 2026, the Nigeria Tax Act 2025 officially recategorises the ₦50 Electronic Money Transfer Levy as a Stamp Duty, deducted from the sender on every transfer of ₦10,000 or more across banks and fintechs.
Vodacom Tanzania expands M-Pesa Global to cover key EAC routes
Vodacom Tanzania rolled out a deeper M-Pesa Global integration in December 2025, enabling direct M-Pesa-to-M-Pesa transfers between Tanzania, Kenya, Uganda and Rwanda at domestic-tier rates.
MTN MoMo Nigeria expands international inbound via Thunes partnership
MTN MoMo PSB and global remittance hub Thunes have expanded their partnership so Nigerian wallets can now receive directly from more than 100 originating countries — including the UK, US, UAE and South Africa.
Benin MTN MoMo updates cash withdrawal tariff bands
MTN MoMo Benin revised its withdrawal-fee bands in October 2025, smoothing the steps between the XOF 5,000 and XOF 100,000 brackets and reducing the effective rate on medium-sized cash-outs.
BCEAO launches PI-SPI - free instant transfers across all 8 WAEMU countries
On 30 September 2025, the BCEAO activated PI-SPI, a regional instant-payment rail that makes individual transfers free and instantaneous across Senegal, Côte d'Ivoire, Mali, Burkina Faso, Benin, Togo, Niger and Guinea-Bissau.
Ghana abolishes the 1% E-Levy on mobile money transfers
On 2 April 2025, President John Mahama signed the Electronic Transfer Levy (Repeal) Bill into law, ending Ghana's 1% E-Levy on mobile money transfers across MTN MoMo, AirtelTigo Money and Telecel Cash.
Togo cuts mobile money fee tax from 18% to 10%
In January 2024 the Togolese government reduced the tax applied to mobile money operator fees from 18% to 10%, lowering the cost of every Tmoney, Moov and Mixx by Yas transfer in the country.