Connect with us

Tech

Fintech startup DigMo launched in Zambia to gamify financial planning

Published

on

DigMo, a gamified fintech startup which helps users to build wealth tools from low to middle-income earners, has been launched in Zambia.

CEO of the DigMo Group, Sylvia Brune, who made the announcement, says the platform which is licensed by the Bank of Zambia to operate a wallet, offers a secure, free digital money account with a special account for users to play a financial planning game which incentivises customers to get started putting money away for the future.

“By giving customers the chance to win big rewards, DigMo is encouraging sustainable habits,” said Brune.

She stated that with an initial rollout in Zambia, DigMo wallet’s first offering, Save to Win, will make putting money away regularly, easy and rewarding with no fixed costs or fees.

DigMo Save to Win allows users to start with small amounts – from just ZMW10 (US$0.37) – for the chance to win prizes of up to ZMW500,000 (US$19,000).

“We are committed to financial planning innovation for low and middle-income earners across Africa. To achieve this meaningful impact, we approach this like a game studio – where we constantly create and test many new products until we find those with an outsized impact,” Brune said.

“If we just take existing products and make them more affordable or accessible, it is unlikely that we can dramatically change behaviours.

“To succeed, we have engaged directly with users, observing and learning from them to develop DigMo, a solution that will dramatically improve their financial well-being and meet their unique needs,” she added.

Tech

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

Published

on

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.

Continue Reading

Tech

Ghana partners with The Gambia to provide free roaming services

Published

on

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.

Continue Reading

EDITOR’S PICK

Musings From Abroad30 minutes ago

EU withdraws Niger diplomat after junta accuses it of mismanaging aid

The European External Action Service (EEAS) has announced that the European Union would return its ambassador from Niger after the...

Politics2 hours ago

Mali: 7 Russian mercenaries killed

An al Qaeda offshoot in North Africa has claimed responsibility for the attack in central Mali, killing at least seven...

Musings From Abroad2 hours ago

Mpox remains health emergency, WHO insists

The World Health Organisation (WHO) has insisted that the Mpox epidemic remains a public health emergency. WHO first declared an...

Musings From Abroad3 hours ago

Italy concerned over adult actor detained in Egypt

Officials in Italy, where sentiments are still high over the unresolved murder of student Giulio Regeni, who was detained and...

Tech5 hours ago

Fintech startup DigMo launched in Zambia to gamify financial planning

DigMo, a gamified fintech startup which helps users to build wealth tools from low to middle-income earners, has been launched...

Sports5 hours ago

TP Mazembe pip AS FAR to win African Women’s Champions League

TP Mazembe of the Democratic Republic of Congo (DRC) became the third team to win the 2024 African Women’s Champions...

Culture5 hours ago

Nicki Minaj eulogizes Davido for collaborating with her on new song

American rapper, Onika Maraj, popularly known as Nicki Minaj, has poured encomium on Nigerian Afrobeats superstar, David Adeleke, aka Davido,...

Metro5 hours ago

Zambia: Farmers’ union warns of uncertain future for agriculture sector

The Small-Scale Farmers Development Agency (SAFADA) of Zambia has warned of uncertainty on the future of the agricultural sector, stating...

Metro9 hours ago

Nigeria: CSO urges President Tinubu to investigate missing funds in Humanitarian Ministry

A Nigerian civil society organization, the Socio-Economic Rights and Accountability Project (SERAP), has called on President Bola Tinubu to launch...

Culture1 day ago

South African DJ Black Coffee bags World’s Best DJ 2024

South African disc jockey, DJ Black Coffee, has been named the World’s Best DJ 2024 at the Golden Moon Awards....

Trending