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Centenary Bank Partners with Airtel Money to Boost Financial Accessibility in Malawi

In a move aimed at improving financial accessibility for Malawians, Centenary Bank has launched the CenteValue and CenteFees in partnership with Airtel Money.

Speaking at the launch event on Wednesday, 11 June 2025 in Lilongwe, Centenary Bank Managing Director, Godfrey Byekwaso announced that the agreement will allow parents to pay school fees via Airtel Money for schools that hold Centenary Bank accounts and Airtel Money agents will be able to request value whenever needed.

Byekwaso highlighted that the initiative has the potential to reduce long queues at banks and save time for parents, who can now make payments from their homes.

“The product is helpful as it will save time and some inconveniences to our customers,” He said.”

In her remarks, Airtel Money Managing Director, Thokozani Kamkondo Sande, expressed optimism about the collaboration, emphasizing that Airtel Money is Malawi’s largest mobile financial service and remains committed to transforming lives economically.

She noted that education is key to national development, which is why Airtel Money saw value in partnering with Centenary Bank.

“Education is the key to any development in the country hence the partnership agreement,” She said.

Commenting on the development, Sister Valentine Gudyanga, a Bursar at St. John’s Catholic Secondary School, one of the institutions that hold accounts with Centenary Bank welcomed the initiative, noting that it will simplify transactions as payments will be processed instantly.

“This is simple, and it will ease our work as an institution,” she said.

By Peter Dumayo