Airtel commits to curb money laundering in IFC deal

Airtel has committed to curb money laundering and terrorism financing.

Photo credit: Pool

Airtel Mobile Commerce N.V., which runs Airtel Money in Africa, has committed to curb money laundering and terrorism financing as part of the International Finance Corporation (IFC)’s £67.2 million (Sh11.5 billion) investment in its planned London Stock Exchange listing.

Airtel Money is the digital financial services arm of Airtel Africa and lets users send, receive, and manage money from their online wallets in 13 African markets, including Kenya. 

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.