MICROCAPITAL BRIEF: Barclays, Jumo, MTN MoMo Partner on Mobile Savings in Zambia

Barclays Bank Zambia, a unit of the South Africa-based Absa Group; mobile telephone network operator Mobile Money, which is also known as MTN MoMo and is a subsidiary of South Africa’s MTN Group; and Mauritius-based financial technology firm Jumo World Limited recently announced the launch of a mobile savings product