Tech

Western Union partners with MFS Africa to enable Africans recieve money through mobile wallets

Published

1 year ago

March 3, 2023

Global leader in cross-border, cross-currency money movement and payments, Western Union, has partnered with MFS Africa to enable individuals and businesses across the continent to transfer and receive money from over 200 countries and territories through mobile money wallets.

The partnership, according to Kumar Shourav, the Managing Director, MTO’s, at MFS Africa, will “enable funds to be sent from countries around the world to mobile wallets across Africa through the organization’s licensed payment rails.”

The service which will have its first launch in Madagascar, before moving to countries across the continent, is unprecedented in the industry, with huge potential benefits, value, and impact implications in the long run, according to Shourav.

“At MFS Africa, we have always believed in making payments as simple as possible. Payment infrastructures globally have traditionally remained fragmented and local in nature. Africa’s 54 countries are diverse not just in terms of population, development levels, growth rates, and stability but with payment infrastructure and regulations as well,” he said.

”Africa’s fast-growing populations and markets present important opportunities for businesses and individuals in an environment of slowing global growth,” Shourav added.

Also commenting on the partnership, Hassan Chatila, Global Head of Account Payout Network, Western Union, said:

“At Western Union, we aim to be the global leader in providing accessible financial services to the world’s populations and, in turn, increase global financial inclusion.”

“Through our partnership with MFS Africa, we are excited to come together and deliver on our joint commitment to bring innovative solutions for customers as they support their families and accelerate their momentum up the economic ladder.”

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Tech

Siemens partners PE Energy for industrial automation, innovation in Nigeria

Published

10 mins ago

July 6, 2024

Isaac Dachen

Siemens Digital Industries has struck a partnership deal with PE Energy aimed at enhancing industrial automation and innovation in Nigeria.

The partnership, according to Siemens Sub-Saharan Africa CEO, Sabine Dall’Omo, will elevate the landscape with advanced industrial automation systems, motion and drives, and process instrumentation across Nigeria.

“Our partnership represents a powerful synergy of Siemens’ advanced technology and PE Energy’s industry expertise. Together, we look forward to driving significant advancements in industrial automation across Nigeria, fostering growth and innovation in the region.”

“This collaboration paves the way for the future of automation and innovation, empowering Nigerian businesses to compete globally and prosper locally.

“This collaboration promises to deliver state-of-the-art solutions to a diverse array of industries such as Oil & Gas, manufacturing, food & beverage, and more,” the Siemens CEO said in a statement.

Also speaking on the deal, Daere Akobo, CEO, PE Energy said:

“As a player in the Nigerian industrial sector, PE Energy has consistently demonstrated its commitment to excellence and innovation.

“By teaming up with Siemens Digital Industries, a global innovation and technology leader in industrial automation, PE Energy is set to provide unparalleled services that enhance operational efficiency, productivity, and sustainability for its clients.

“We are excited about this partnership with Siemens Digital Industries. This collaboration aligns with our mission to offer cutting-edge technology and comprehensive solutions that meet the dynamic needs of our clients across various industries.

“Together, we will drive the implementation of state-of-the-art solutions in Nigeria’s industrial sector, fostering growth and competitiveness.”

The partnership, he added, will leverage Siemens’ advanced technology and expertise in automation, drive systems and process instrumentation while PE Energy will integrate these solutions to deliver customized, high-performance systems that address the unique challenges faced by Nigerian industries.

“This includes enhancing factory automation processes, optimizing motion and drives applications, and improving process instrumentation for better control and efficiency.”

Tech

Safaricom, M-Pesa Foundations donate Sh15m to victims of Kenyan protests

Published

1 day ago

July 5, 2024

Isaac Dachen

Kenya’s tech giants, Safaricom and M-Pesa, have made a joint donation of KES Sh15m to victims of the protests that have rocked the country in the last two weeks.

The two companies which made the donation through their Foundations also rolled out infrastructure developmental projects and support to hospitals catering for the project victims.

Safaricom CEO, Peter Ndegwa, who spoke at the Kenyatta National Hospital while visiting the victims on Thursday, said as part of the donation, KES 10 million would go to the hospital’s Disaster Response Centre, while KES 5 million would go towards supporting those injured and admitted at the hospital.

“Our Foundations are there to stand with people, especially in times of need. We are happy to provide hospitals with structured support in times of emergencies, both for infrastructure improvement and patient recovery,” Ndegwa said.

He said the KES 5 million will be for the provision of assistive devices to the injured, smartphones and airtime for those who lost their phones, supporting affected individuals with three months’ worth of food as well as one year’s worth of rent for those in extreme condition.

The Safaricom CEO added that to provide further immediate support, the firm, through its M-Pesa Foundation, is organizing medical camps in affected areas, starting with Githurai on 6th July, followed by Rongai at a later date.

“In the medium term, Safaricom will also mobilize its Gen Z employees as well as other like-minded corporates and foundations, under the #GenZforGenZ initiative, which will entail volunteer squads leading community outreaches, clean-ups, and medical camps.

“The long-term plan will entail a comprehensive execution of community programs through M-Pesa and Safaricom Foundations, with an increased focus on Gen Z.

“This includes providing TVET scholarships, economic empowerment through the Ndoto Zetu program, agri-business value chain opportunities through the Wezesha Agri Program, and offering access to business training and micro-loans in 13 counties, starting with Nakuru, Nairobi, Kajiado, and Migori.

“The plan will also include supporting mental health through strategic partnerships and provision of complimentary counselling services,” he said.