Bharti Airtel, a multinational telecommunications services company has entered into partnership with MMI Holdings Limited to market and sell its micro financing and insurance products through its extensive telecommunications networks in five countries in Africa.
Airtel Tanzania headquarters
According to a statement released yesterday the partnership enables MMI’s brand, Metropolitan, to market and sell its products through Airtel’s extensive telecommunications networks in five countries – Ghana, Kenya, Nigeria, Tanzania and Zambia.
“We are proud to be associated with such a strong brand. Airtel customers are poised to greatly benefit from this new agreement which eliminates all the hassles and complications involved in buying insurance and micro savings services,” Airtel Money Director & Africa Head, Chidi Okpala said.
“By launching this partnership with Metropolitan, Airtel aims at bringing relevant services to the fingertips of millions of people across Africa. This new development highlights our commitment to finding convenient solutions for all our customers,” he said.
“A huge chunk of the African population doesn’t have access to financial services. However, the mobile telephony penetration rate in Africa keeps growing each year. At Airtel, we have identified the gap in the market and we’ve decided to fill it.
Mervyn Cookson, CEO for Metropolitan International, also commenting on the partnership said, “we are delighted to be partnering with Airtel who share our vision to reach and improve millions of lives with innovative and affordable financial solutions. We are confident that together we will forge a completely new path for financial services in Africa.”
