Connect with us

Tech

Critical digital-skill gap hindering Morocco’s drive to be Africa’s Tech destination hub, experts say

Published

on

Participants at the ongoing Huawei Talk currently ongoing in Casablanca, Morocco, has blamed a 15-year gap in the country’s digital strategy as an hindrance to its ambitions of becoming a regional tech hub.

The keynote speaker at the event, Nabil Ouchagour, Huawei’s Chief Brand Officer, in his speech, argued that the lack of qualified labor is one of four major challenges facing Morocco on its journey to becoming a digital nation.

“While Morocco is currently on the run to become a regional tech hub, the country lags behind in terms of qualified labor,” the Huawei executive said on Saturday.

The event which tech brings experts to deliberate on key issues facing Morocco’s transition to a digital economy, are deliberating on Morocco’s critical digital-skill gap which is seen as an emerging core challenge facing the country’s ambitions to host tech-related business activities.

“In many universities, the skills that are being taught will be obsolete soon,” Ouchagour noted, suggesting that Morocco’s digital-skill gap is the core challenge facing the country’s ambitions to host tech-related business activities.

“Developing connectivity, data treatment capability, decarbonization are equally crucial to support this transition,” he added.

Citing research commissioned by Huawei in 2021, the executive argued that Morocco needs to focus on adapting its education system to the fast-moving digital world.

“The country should equally focus on training individuals capable of adapting and acquiring new skills as they enter the job market.”

Tech

Ethiopia’s Awash Bank partners Mastercard to launch international prepaid cards

Published

on

Ethiopia’s leading private financial institution, Awash Bank S.C, has partnered with global payments company, Mastercard, to launch the Awash international prepaid cards.

Yohannes Merga, Senior Chief, Marketing Officer for Awash Bank, who announced the partnership on Thursday, said the launching of the Mastercard-branded international prepaid plastic card “marks a significant milestone in Ethiopia’s card business, as the cards enable customers and merchants to make and receive payments online from anywhere in the world.”

He added that the plastic card would offer added flexibility and convenience to customers as it was enabled to make contact or contactless transactions on ATMs and POS machines.

“This innovative offering is a testament to Awash Bank’s commitment to delivering convenient and secure financial solutions to our customers,” said Merga.

“Awash Mastercard empowers travelers with the freedom to manage their finances seamlessly while exploring the world.

“Along with the card, the bank will also introduce Mastercard’s Payment Gateway Services (MPGS) which will diversify and expand Awash Bank’s service offering.

“Mastercard’s Payment Gateway allows local merchants that have mobile applications or websites to integrate with it and accept international payments online. Customers from all over the world can place online orders and reservations and pay merchants that are integrated with MPGS using their cards.

Also speaking in the partnership, Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard, said:

“This collaboration with Awash Bank is driving our commitment as Mastercard to enable financial inclusion across Africa.

“Our technological advancements in the payments landscape, enable consumers to be connected to endless possibilities, when transacting, in a safe, secure, and simple manner, which places power and convenience in their hands.”

Continue Reading

Tech

M-PESA partners IFC to increase financial inclusion for farmers in Mozambique

Published

on

Mobile money transfer and payment service provider, M-Pesa, has entered into a partnership with the International Finance Corporation (IFC) aimed at boosting financial inclusion for small-holder farmers in Mozambique.

The agreement will see IFC cooperating with Vodafone M-PESA Mozambique to support M-PESA in several key areas, including revamping and strengthening its existing agent network and conducting comprehensive countrywide training for M-PESA’s sales team and agents.

IFC will also assist M-PESA to review and expand its merchant acquisition and management strategy in Mozambique, and support M-PESA’s activities across different regions.

Sergio Gomes, Director of Vodafone M-PESA Mozambique, who announced the partnership, said the IFC and M-PESA Mozambique will “work together to explore and pilot new ways to expand mobile money services in rural areas, with the aim of increasing financial inclusion for smallholder farmers.”

“We have seen very positive results since M-PESA was launched in Mozambique in 2013 having paid about 9 billion Meticais ($142 million) in commissions to agents just in the last 5 years,” said Gomes.

“The new phase of M-PESA will focus on expanding our value proposition and use cases to limit the use of cash in the economy. One important vertical where we want to intervene is in agriculture where payments are dominated by cash.

“We believe that through this partnership with IFC, we can have an impact on farmers by digitizing their value chains beginning with payments received for their produce and moving out to developing more sophisticated products like insurance,” he added.

Continue Reading

EDITOR’S PICK

VenturesNow1 hour ago

Nigeria’s FDI in manufacturing rises by $644m in 2023

According to data from Nigeria’s National Bureau of Statistics (NBS), foreign investments into the industrial sector increased by $644 million...

Metro2 hours ago

Despite hardship in Nigeria, Tinubu insists on harsh economic reforms

Despite the hues and cries of agony by Nigerians over the excruciating high cost of living and economic challenges occasioned...

Sports16 hours ago

Nigeria’s D’Tigers withdraws from 2025 AfroBasket qualifiers due to lack of funds

Nigeria’s senior male basketball national team, D’Tigers, have withdrawn from the 2025 FIBA AfroBasket qualifiers dunking off in Tunisia on...

Tech16 hours ago

Ethiopia’s Awash Bank partners Mastercard to launch international prepaid cards

Ethiopia’s leading private financial institution, Awash Bank S.C, has partnered with global payments company, Mastercard, to launch the Awash international...

Politics19 hours ago

Senegalese opposition condemns President Sall’s ‘slow’ election date announcement

The opposition presidential contenders in Senegal have claimed that the government is taking too long to announce a new date...

Metro21 hours ago

Zambia: Opposition FDD calls for creation of agric bank

Zambian opposition party, the Forum for Democracy and Development (FDD), has called on the government to re-establish an agricultural bank...

Metro1 day ago

Hardship: Nigerian govt to resume direct cash transfers to 12m citizens

Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has revealed that the federal government will resume...

Musings From Abroad1 day ago

US keen on expanding bilateral trade with Nigeria

According to the US Consulate in Nigeria, it is looking for ways to guarantee prosperity for Nigeria by increasing bilateral...

Strictly Personal1 day ago

Nigeria’s Currency Crisis: Time to deploy Amotekun, By Chinedu Chidi

I have thought long and hard about just the right solution to the downward spiral of the Naira, and confidently...

VenturesNow2 days ago

South Africa to withdraw from emergency reserves to reduce growing debt

South Africa’s National Treasury announced on Wednesday that the government would take $8 billion over the following three years from...

Trending