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MTN launches 3rd African Hackathon to drive financial inclusion

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MTN Group has launched the third edition of its Open API Hackathon for African countries with an invitation to developers from multiple markets in the continent to participate in creating innovative mobile applications that utilize the MTN Mobile Money APIs for their respective markets.

This hackathon codenamed Momo 2023 and organized by MTN Group Fintech, will take place in the following 14 countries: Nigeria, South Africa, Ghana, Zambia, Uganda, Benin, eSwatini, Rwanda, Cameroon, Liberia, Guinea Conakry, South Sudan, Cote d’Ivoire and Congo Brazzaville.

According to Serigne Dioum, MTN Group Chief Fintech Officer, developers willing to participate in the hackathon will compete to “design and develop a solution that goes beyond processing payments, incorporating additional features and functionalities that promote financial inclusion and literacy in their registered markets.”

“MTN is dedicated to advancing financial and digital inclusion across the continent as part of our strategy to build a pan-African Fintech platform, driving the digital economy and fostering social and economic growth in Africa,” said Dioum while announcing the launch of Momo 2023.

“Through the Open API Platform, MTN aims to harness the talent and creativity of Africa’s developers, enabling them to leverage the MoMo Platform and create opportunities for growth. The company firmly believes that collaborating with Africa’s talented individuals will expand the service offerings available on MoMo,” he added.

The Hackathon challenge will run from July 31 to October 9, while interested developers will have five weeks to submit their innovative ideas for financial and transactional applications that incorporate MTN Mobile Money APIs.

“The mobile application must target consumers, merchants, or businesses, providing practical and valuable solutions that can be deployed in the developers’ registered markets,” Dioum said.

“The applications should cover use cases beyond payment, leveraging MTN MoMo APIs.

“MTN in each participating country will select the top 12 applicants to advance to the prototyping phase”, he revealed.

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Kenya’s startup BuuPass partners with GiftPesa to launch digital travel vouchers

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Kenyan digital ticketing and transportation management solutions startup, BuuPass, has entered into a partnership with fintech company, GiftPesa, to introduce digital travel vouchers ahead of the holiday season.

In a statement by BuuPass cofounder and CEO, Sonia Kabra, the move will offer a more flexible and convenient way for Kenyans to manage and gift travel arrangements during the bustling holiday period.

“We’ve noticed a growing demand for digital solutions in the travel industry, especially during peak periods like the holiday season,” said Kabra.

“This partnership with GiftPesa enhances the travel experience for our customers, offering them a convenient way to send travel tickets as gifts and have a safety net for unconfirmed travel dates.

“Unlike traditional paper vouchers that can expire or get lost, GiftPesa vouchers are valid for 12 months and can be redeemed in parts at over 3,000 outlets across the country.

“This flexibility allows recipients to use the vouchers for multiple trips or select their preferred destination, making travel more accessible,” she added.

Founded in 2016 by Kabra and Wyclife Omondi, BuuPass is a leading B2B2C mobility marketplace that enables users to search, compare, and book travel tickets via web, app, or USSD, while its SaaS platform helps bus operators manage their operations, inventory, and sales.

GiftPesa, on the other hand, is a fintech startup that provides businesses and individuals with a platform for creating digital vouchers.

The partnership between the two companies will introduce digital travel vouchers, helping users manage and gift travel arrangements during the bustling holiday period.

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Ghana partners with The Gambia to provide free roaming services

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Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity.

The plan which is a joint initiative of the Ghana Ministry of Communications and Digitalisation and The Gambian National Communications Authority (NCA) will see mobile users in both countries avoiding extra charges for calls, texts, and data, which in turn, is expected to boost trade, tourism, and economic integration across borders.

The collaboration, according to a joint statement by the two bodies, aligns with the Economic Community of West African States’ (ECOWAS) broader push for seamless regional communication.

“Ghana and The Gambia are forging new paths in West Africa’s digital landscape, implementing a free-roaming initiative,” the statement said.

“This move strengthens regional connectivity while highlighting the role of technological collaboration in fostering economic integration. The initiative enables mobile users travelling between the two nations to make calls, send messages, and use data services without additional roaming fees.”

It further noted that by reducing these costs, the program aligns with the ECOWAS Free Roaming Initiative, which seeks to eliminate barriers to communication across member states.

“It is a boost for trade and travel as the free roaming plan is expected to spur economic activities by streamlining cross-border communication.

“Businesses and individuals travelling between Ghana and The Gambia can now stay connected without worrying about exorbitant charges, facilitating smoother transactions and personal interactions. The initiative is also expected to attract more tourists by ensuring seamless digital access for visitors.

“This collaboration marks another milestone in Ghana’s commitment to expanding digital connectivity, following Ghana’s successful implementation of similar agreements with Côte d’Ivoire, Togo, and Benin, with talks of possible roaming partnerships with Liberia.

“By focusing on digital integration, Ghana and The Gambia demonstrate the power of technology to bridge gaps between countries. This step also serves as a model for other West African nations to join the free-roaming framework, contributing to the larger goal of a connected and economically integrated region,” it added.

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