Liquid Intelligent Technologies, Africa Legal launch online courses on legal tech

Liquid Intelligent Technologies through its innovation and partnerships arm Liquid Labs, has partnered with Africa Legal, an organisation that connects legal professionals across the African continent to launch three online courses on legal technology. 

The courses are targeted at supporting career development amongst students, budding entrepreneurs, and lawyers.

Liquid Labs aspires to make relevant tech training programmes accessible to students and professionals to bridge the affordability and digital divide, the main deterrents to increased access. The courses will offer targeted training for lawyers and the business community to enable working people to upskill and embrace the opportunities of the digital world.

According to Ben Roberts, the Group Chief Technology, and Innovation Officer at Liquid Intelligent Technologies, “New technologies are challenging the way Africans do things in their everyday lives. For instance, innovations like blockchain deliver smart contracts using digital tech platforms. The advancement of such innovation means that the fourth industrial revolution will create challenges and opportunities at the intersection of law and tech. ‘’

‘’We’ve partnered with Africa Legal on these courses to better equip lawyers through technology, and support technologists to engage with the law. Our aim is to empower and encourage professionals and students in both sectors and to help them leverage these opportunities.” he says. 

The courses on offer are Leveraging off Legal Technology to Grow Your Firm that encourages students to conduct their business in a way that leverages the inherent benefits of legal technology, Change Management for Lawyers that provides the learner with critical change management perspectives relevant to any area of development within their business and Fundamentals of Business Law for Entrepreneurs. This course is designed for emerging entrepreneurs. It provides the platform of legal knowledge required to begin to grow a business from initial start-up to becoming investment ready and will share some insight into what to look for when partnering with a law firm that will be a valuable ally in growing your business.

Africa Legal’s Chief Executive, Scott Cowan, said he was delighted by the partnership which was in line with the platform’s vision of building networks, reinforcing pan-African relationships in the legal community, and building capacity.

“This is just the beginning of an exciting journey and we look forward to offering so much more to our Africa Legal community by way of news, job opportunities and education,” he said.

The courses have been formulated with the vision to augment digital transformation across the continent and provide the right know-how needed for budding entrepreneurs to successfully and efficiently operate in their businesses. These courses from Liquid Labs and Africa Legal will deliver practical knowledge and understanding that will focus on developing critical-thinking skills for students by presenting real-life scenarios, conflicts and solutions in order for them to master the lawyer-based thinking approach in life and their professional paths ahead.

The courses will launch on 4 November 2021. Interested students can now pre-register here.

www.liquid.tech

Samsung AI Forum 2021 Explores Future of AI Research

Samsung Electronics announced today that it will hold the Samsung AI Forum 2021 online via its YouTube channel for two days from November 1 to November 2. Marking its fifth year, the forum gathers world-renowned academics and industry experts on artificial intelligence (AI) and serves as a platform for exchanging ideas, insights and the latest research findings, as well as a platform to discuss the future of AI.

Day 1: AI Research for Tomorrow

On Day 1, which will be hosted by Samsung Advanced Institute of Technology (SAIT), Samsung’s R&D hub dedicated to cutting-edge future technologies, Dr. Kinam Kim, Vice Chairman & CEO of Device Solutions at Samsung Electronics, will deliver the opening remarks. Under the theme, “AI Research for Tomorrow”, renowned AI experts will discuss various AI technologies and the research direction on AI — from fundamental research to its applications – including how AI research will impact other fields such as new material development and semiconductors.

This year, Professor Yoshua Bengio, the winner of the 2018 Turing Award — often referred to as the Nobel Prize in computing — will deliver the keynote. The keynote speech will be followed by three technology sessions: Scalable and Sustainable AI Computing, AI for Scientific Discovery and Trustworthy Computer Vision.

In particular, in this year’s forum, various AI startups will provide an overview of the current trends in cutting-edge AI technology and share their actual business application models. In addition, the AI research leaders at SAIT will participate in the forum as speakers and give presentations on the current status and vision of Samsung’s AI research.

The Samsung AI Researcher of the Year awards,1 which were established last year in an effort to discover excelling rising researchers in the field of AI, will also be presented during the forum. Last year, five researchers including Professor Kyunghyun Cho of New York University were awarded.

As the co-chairs of this year’s forum, Dr. Gyoyoung Jin, President and Head of SAIT and Professor Bengio, who was appointed as the Samsung AI Professor last year, will continue to cooperate to highlight outstanding rising researchers and expand the base of AI research.

“This year’s forum will be organized as a venue for sharing the current status of AI technology research and AI applications as well as discussing ways to transform AI into a technology that substantially contributes to our daily lives,” said Professor Bengio.

Day 2: AI in a Human World

Day 2 sessions will be hosted by Samsung Research, the company’s advanced R&D hub that leads the development of future technologies for its Consumer Electronics division and IT & Mobile Communications division. Under the theme “AI in a Human World”, Dr. Sebastian Seung, President and Head of Samsung Research, will deliver the opening remarks, and AI experts who have been actively engaging in AI research activities worldwide will share their insights on the current status of AI and future research directions that will have an important impact on our lives.

The keynote will be delivered by Professor Leslie Valiant, the 2010 Turing Award winner, of Harvard University on the subject of integrating machine learning and inference for next-generation AI. This will be followed by technology sessions: Interpretability for Skeptical Minds and Understanding Matter with Deep Learning.

Dr. Daniel Lee, Executive Vice President and Head of Samsung Research Global AI Center, will preside over an in-depth panel discussion with the speakers regarding the ‘future prospects and considerations of each AI sector’.

Lightning talks (5-minute speeches, 7 sessions) will also take place this year where members of the Samsung Research Global AI Center and 5 AI centers (Cambridge, U.K.; New York, U.S.; Toronto, Canada; Montreal, Canada; and Moscow, Russia) will take part.

“This year’s AI Forum will help us better understand where the current AI technology developments are heading and also about AI applicable products which are becoming smarter,” said Dr. Sebastian Seung, President and Head of Samsung Research. “I expect that many people who are interested in AI will participate in the forum since it will be held as an online event this year.”

The event will be open to anyone who is interested in AI. Registration is available through the Samsung AI Forum 2021 Website from October 6 to the respective event dates.

www.samsung.com

Facebook announces winners of 2021 Community Accelerator Program in Africa

Facebook announced the winners of the 2021 Facebook Community Accelerator Program, highlighting the 13 Facebook community leaders from Nigeria, South Africa, and Kenya who will receive training, mentorship and up to $50,000 USD in funds to invest in an initiative that extends their community’s positive impact. The 13 winners emerged out of over 13,000 applicants who entered the competition.

The Community Accelerator is part of Facebook’s Community Leadership Program, a program to help leaders harness the power of their community to turn impactful ideas into action. Leaders will learn how to harness the power of their community to turn impactful ideas into action. This year’s cohort features a diverse spectrum of communities engaged in interesting social impact activities ranging from combating child sexual abuse to helping moms and sharing stories of ordinary and extraordinary Nigerians from around the world.

“We are excited to announce the 13 Facebook community leaders in Africa who have been helping to resolve social challenges, empowering their audiences with knowledge while connecting with others that share their interests or passion for a cause.” Kiran Yoliswa, Partner Management Lead, Middle East and Africa Community Partnerships at Facebook said . “At Facebook, we are committed to helping people realise their full potential through initiatives like this. We want these community leaders to use the Facebook platform to drive change and provide support and encouragement for thousands of people. We are impressed with the outcome of this year’s Community Accelerator and we look forward to helping our 2021 community Accelerator winners amplify their influence for greater work.”

Community leaders from across Nigeria, Kenya and South Africa as part of the Facebook Community Accelerator include:

Achimugu Elizabeth, Protect The Child Foundation from Nigeria: Protect The Child Foundation is committed to protecting and defending the innocence of children against all forms of sexual abuse and exploitation. Our vision is to have a world that is safe for children to live in. A world free from child sexual abuse and all forms of abuse.

Godwin Juliet, Naija Graphic Designers from Nigeria: Established in 2008, this creative community connects the graphic design industry in Nigeria and beyond with the aim of supporting, up-skilling and offering opportunities for graphic designers to raise industry standards. The community connects employers with freelancers, as well as supporting women creatives.

Izevbokun Osamakue, Mothers, Kids And More from Nigeria: Impactful community empowering Nigerian and African women (and their children) to help each other to progress in their personal and professional lives. The community’s aim is to extract and recognise the potential within and without, and empower women to reach out to other women when they need help. Their long-term mission is to have the opportunity to have a centre where women can come in and get empowered.

Michael Louisa, Natural Hair Babes from Nigeria: Large community focused on natural hair, sisterhood and cultural and economic empowerment for Nigerian women and girls. They created an entrepreneurial sales network in November 2020 when we launched our flagship product, a natural hair herb which is very effective in the maintenance of natural hair, so far, 160 women have been empowered as distributors.

Mwaniki Sam, Teachers’ Notice Board Kenya from Kenya: This group is geared towards national cohesion and integration by bringing together teachers, trainees and tutors from all Teacher Training Colleges in Kenya to build relationships, share job vacancies and promote businesses.

Nworah Martin, Tales of Nigerians from Nigeria:  Tales of Nigerians is an emotional support and mental wellness community where members have a safe space to share their real life experiences. Through community events, trainings’ and on-ground outreach, we have directly impacted around 20,000 members. Our positive impact for the long-term is to continue equipping our growing members with the right tools to grow their emotional intelligence, mental wellness and synergy with other members.

Ogudoro Peter, Nigerian Teachers from Nigeria:  This community for Nigerian teachers has the big ambition of changing the country’s education system one teacher at a time. Community is made up primarily of teachers who are not receiving good training services from their employers for the very important jobs they do. The  community is focused on helping them to acquire the skills they need to make Nigeria’s education system globally competitive.

Olisa Enoch, Prepare for JAMB UTME from Nigeria: Prepare for JAMB UTME helps students prepare for Nigeria’s university admission exam with learning resources and news. Their long-term mission is to have all the learning resources (exam syllabus, quizzes, study notes, videos, question and answer forum) all in one place, which members should be able to access freely or through a subscription service.

Philip Udeochu, Portfolio 9 (Community) from Nigeria: is a Digital Entrepreneurship and Empowerment Platform (DEEP) with a mandate to bring entrepreneurship and vocational education to people at the bottom of the pyramid in Africa using social media. P9’s mission is to make entrepreneurship accessible by ‘simplifying’ and ‘innovatively’ delivering it to everyone’s doorstep through collective and interactive learning and support, using social media systems and tools. P9 has supported the learning needs of a growing community of over 500k members (currently).

Ramuada Tshililo, South African Arts & Culture Youth Forum from South Africa: SAACYF is a community that trains and empowers underprivileged artists from township and rural areas in South Africa through partnership with other organisations, businesses and governments. Their aim is to make Arts, Culture & Heritage opportunities accessible to poor disadvantaged artists through job creation.

Splinters Lucretia, The Official Ocean View/Slangkop Group from South Africa: Ocean View (originally named Slangkop) was established in 1968 by the apartheid government as a township for forcibly removed coloured people. The community is historically disadvantaged, poverty-stricken and affected by a wide range of social ills. The FB group fosters safety and security, as well as delivering education, hospital care, feeding and community upliftment programmes to empower the local population.

Urhefe Ofejiro, Naija Nurses Forum from Nigeria: Established in 2012, this is a community for nurses across Nigeria who collaborate in providing quality and accessible healthcare services to individuals, whilst supporting each other and sharing best practices in their profession.

Wala Amakove, Wanderlust Diaries Ltd from Kenya: brings together a community of travellers to share stories. Founded during the peak of the COVID-19 pandemic in April 2020, this mega community of African travellers promotes eco-tourism in Kenya and other African countries as a driver for community development.

To develop their community, all of the selected leaders spent five months learning from experts, coaches, and a customized curriculum. They learned community identity foundations, leading action-oriented programmes and sustainability. They also had early access to new Facebook products aimed at helping communities better manage and activate their members.

What participants will do?

Strengthen their community: Learn from experts, coaches and a customized curriculum so their community can work better together.

Plan your initiatives: Identify important initiatives that will create a positive impact on the broader world and develop a plan to mobilize their community around their goals.

Execute: Collaborate on their initiatives with top advocates and leaders in the community space and utilize new products aimed at helping them manage and activate their members.

www.facebook.com

Andela Announces $200M Investment Led by SoftBank

Andela, the global network for remote engineering talent, has announced $200 million in Series E financing. The financing round which was led by Softbank Vision Fund 2 now values the company at $1.5 billion.

Other participating investors include WhaleRock and existing investors including Generation Investment Management, Chan Zuckerberg Initiative, and Spark Capital. Lydia Jett, Founding Partner at SoftBank Investment Advisers and one of the most respected consumer technology investors in the world, will join Andela’s Board of Directors.

Andela helps companies build remote engineering teams by providing them with access to the best software engineers in the world. Launched in Africa in 2014, the Andela network today represents engineers from more than 80 countries and six continents. Through Andela, thousands of engineers have been placed with leading technology companies including Github, Cloudflare and ViacomCBS. 

“Andela has always been the high-quality option for those building remote engineering teams. Now that the world has come to embrace remote work, Andela has become the obvious choice for companies because we can find better talent, faster,” said Jeremy Johnson, CEO and co-founder of Andela. “If you are a talented engineer, Andela opens up a world of possibilities for you, no matter where you are based.”

With a successful placement rate of 96%, Andela has mastered the ability to evaluate the technical skills and soft skills of engineers to match them to the teams they’ll be most successful in. With the new capital, the company will invest in developing products to simplify global hiring and make engineers’ lives easier. In addition, Andela will continue to expand its talent offering beyond software development to include new verticals such as design and data after launching Salesforce development earlier this year.

“Hiring remote technical talent is one of the top challenges that companies face today. We believe Andela will become the preferred talent partner for the world’s best companies as remote and hybrid work arrangements become the norm,” said Lydia Jett, Partner at SoftBank Investment Advisers. “We are delighted to support Jeremy and the Andela team in their mission to connect these companies with brilliant engineers, and in the process, unlock human potential at scale.”

A fully remote organization with more than 300 employees around the world, Andela is hiring top talent across the board, particularly in product, engineering, and growth. 

andela.com

Samsung Electronics launches its first-ever MENA newsroom

Samsung Electronics announced the launch of Samsung Newsroom Middle East and North Africa (MENA), which will serve as the official news source of Samsung Electronics for MENA media and consumers. This launch comes in line with the company’s mandate to cater to customers and keep them informed about Samsung’s latest updates and announcements in Arabic in order to resonate more with audiences in nine MENA countries.

The first Samsung Newsroom in the MENA region will feature a wide range of content, from press releases and features of Samsung’s products to high-quality images and videos as well as announcements on product launches and company initiatives. The newsroom will incorporate customized Arabic content for the broader audience in the MENA region, feature Samsung MENA spokespeople and highlight regional topics, initiatives and activities.

The newly launched newsroom is the 33rd Samsung Electronics Newsroom to launch around the world. 

news.samsung.com

Orange selects Ericsson to ramp-up its mobile money service and accelerate financial inclusion in Africa

Ericsson’s Mobile Financial Services solution – is a leading financial services platform built on the latest security technologies and open architecture framework principles

Orange Money has grown rapidly since it was launched in 2008. The service is now available to more than 60 million subscribers in seventeen countries across Africa and the Middle East, where it facilitated more than EUR 62 billion in transactions in 2020 alone.

The offering provides financial services through a flexible and simple mobile phone interface, without the need for a bank account. Orange Money customers can securely store, transfer and withdraw money and pay merchants and utility providers, among other essential financial services.

Orange Middle East and Africa will deploy Ericsson’s Mobile Financial Services solutions in phases across fourteen of the countries in its Orange Money footprint, starting with Senegal.

Ericsson’s solution will provide a more agile and compliant IT architecture to enhance performance in managing the flow of transactions.

By strengthening Orange’s core mobile money platform, Ericsson will help promote financial inclusion and economic development across these countries.

More than 300 million people worldwide currently use Ericsson’s Wallet Platform solutions, delivered by communications service providers.

Alioune Ndiaye, Chairman and CEO of Orange Middle East and Africa says: “Stable, secure, reliable and compliant mobile financial services are fundamental to building the foundations of economic growth for many people in Africa. As we continue to work to support our customers and enhance the services offered to them, we are very pleased to work with Ericsson as their financial services platform is built upon the latest security technologies and open architecture framework principles which can further expand our ecosystem and achieve our vision of financial inclusion in Africa.”

Fadi Pharaon, President Ericsson Middle East and Africa, says: “This is a new milestone in our long-standing partnership with Orange Middle East and Africa. With Ericsson’s industry leading and state-of-the-art Mobile Financial Services Platform, this partnership enables Orange Middle East and Africa to achieve its vision to accelerate financial inclusion in Africa. This anchors Ericsson’s technology leadership position in offering the most advanced and innovative Mobile Financial Services and further contributing to the economic development of Africa.”

www.ericsson.com

University of Rwanda and Mastercard Foundation launch $55 million partnership for African leaders

The Mastercard Foundation and University of Rwanda announced a 10-year, $55 million partnership to enable higher education access for 1,200 young Africans with a focus on women pursuing STEM, young people with disabilities, and refugee and displaced youth as part of the Mastercard Foundation Scholars Program. Launched in 2012, the Mastercard Foundation Scholars Program is committed to developing Africa’s next generation of transformative leaders by providing economically disadvantaged students with skills training, leadership development, counselling, mentoring, internships, and career services. The Scholars Program has committed nearly 40,000 scholarships to date.

Established in 2013, the University of Rwanda is the largest and most comprehensive higher education institution in Rwanda with a mission to produce transformative and highly enterprising leaders who contribute to building a more just and sustainable world.

“We are thrilled that the University of Rwanda has become a partner in the Mastercard Foundation Scholars Program,” said Reeta Roy, President and CEO of the Mastercard Foundation. “The mission and programs of the University are inextricably linked to the country’s national goals. That’s why this partnership is especially compelling as it will be preparing young people for careers across multiple disciplines and for real-life problem-solving,” she added.

The new partnership will build the University of Rwanda’s capacity to deliver inclusive, blended learning and contribute to a robust knowledge ecosystem that supports new and meaningful pathways to work for young people. It is aligned with the Mastercard Foundation’s Young Africa Works strategy to enable 30 million young Africans, particularly young African women, to access dignified and fulfilling work by 2030.

“The University of Rwanda believes strongly in the vision of the Mastercard Foundation,” said University of Rwanda Vice Chancellor Professor Alexandre Lyambabaje. “That is why we made the decision to partner with the Foundation to scale up our efforts in training transformative leaders and highly enterprising graduates and prepare them to make meaningful change on the African continent. This program aligns with the Rwanda National Transformation Strategy and its impact will resonate at the University of Rwanda, among our stakeholders, and through the larger East African Community.”

The University of Rwanda joins a global network of 29 Mastercard Foundation Scholars Program Partners committed to ensuring that all young people, no matter their starting point in life, have an equal chance to obtain quality education and pursue their aspirations. 

www.mastercardfdn.org

University of Rwanda

BK’s IKOFI re-launched with delivery of phones to coffee farmers

Bank of Kigali Plc has re-launched its IKOFI digital product alongside a partnership with RWACOF, a Rwandan-based coffee exporter working with more than 86,000 farmers to raise their farming methods. 

The partnership will see 11,000 telephones distributed to small holder coffee farmers,  facilitating them to use IKOFI wallet and boost their financial access through technology. 

The financial digitalization access move is in line with the bank’s strategy and overall commitment to digitize agriculture while providing convenient services to farmers in their day to day operations. 

“Through our partnership with RWACOF, Bank of Kigali will enable coffee farmers to embrace cashless means of payment because we believe in digital transformation for everybody including farmers. We are confident that the 11,000 telephones given to coffee farmers today will significantly improve their daily activities hence allowing them to adopt a more digital lifestyle,” noted Dr. Diane Karusisi Bank of Kigali’s Chief Executive Officer during her remarks. 

Unlike other wallets, IKOFI opens up a pathway to the banking ecosystem, as the farmers get access to financial services digitally and in the near future, their credit application requirements will be processed. 

Max Veglio, the Managing Director of RWACOF, appreciated BK’s efforts for opening up the doors for small holder coffee farmers to access financial services.

“We have realized, lack of access to technology as a key barrier to our growth as farmers, but BK’s initiative marks an important step in the journey, having accepted to scrap off the transfer charges during payments and ease the loan application requirements,” he observed.

In a bid to support farmers, the Bank has an already existing partnership with Smart Nkunganire System (SNS), through which farmers are enabled to easily pay for agro-inputs through IKOFI.

In the journey to digitise the coffee value chain, Bank of Kigali through Smart Kungahara System (SKS), a digital platform developed by BK Techouse in partnership with NAEB equips its stakeholders with the most indispensable tool to link all stakeholders involved in the value chain in Rwanda, thus enabling proper standardized data reporting.

On his part, Angelo Munezero, a representative from the Ministry of ICT and innovation commended BK’s initiative which is in line with the government’s ambitious plan to provide full financial access through technology to Rwandan citizens. 

Bank of Kigali through IKOFI integration with Smart Kungahara System (SKS) is expected to serve more than 300 coffee washing stations, with a target market size of more than 400,000 coffee farmers, hence driving the use of cashless payment in the coffee sector, ultimately speeding up the financial inclusion journey in coffee value chain. 

Currently, 1,767 agro dealers and 263,691 farmers are active IKOFI wallet users benefiting from the service by digitally paying for their agro-inputs through mobile phones, conveniently paying for other services such as Irembo, RRA, WASAC, all done through *334*2#. 

www.bk.rw

ESOA and Smart Africa partner to advance digital transformation in Africa

ESOA, the EMEA Satellite Operators Association and the Smart Africa Alliance (Smart Africa) are pleased to announce their partnership with a view to advance Africa’s digital transformation.

ESOA and Smart Africa will collaborate on digital transformation and innovation initiatives across the continent. The aim of the partnership is to achieve the goals on coverage and connectivity with satellite solutions across Africa in education, healthcare, research and development and other essential fields within Smart Africa Member States. The organisations will collaborate on common activities supporting the development of the space and satellite industry in Africa through sharing best practices in satellite regulation and implementation, showcasing successful use cases within Africa and leveraging the knowledge base on satellite services deployment in Africa.

Smart Africa is an alliance of 32 African countries, international organisations and global private sector players tasked with Africa’s digital agenda. With a vision to create a single digital market in Africa by 2030, the Smart Africa Alliance brings together Heads of State who seek to accelerate the digitalization of the continent and create a common market. Launched in 2013 by 7 African Heads of State, the Alliance now has 32 member countries, representing over 815 million people and over 40 Private Sector members committed to the vision and the advancement of Africa.

ESOA represents 22 global and regional satellite operators and is recognised as the representative body for satellite operators by international, regional, and national bodies including regulators, policymakers, standards-setting organisations such as 3GPP, the International Telecommunication Union and the World Economic Forum. ESOA works to foster a better understanding of the benefits of satellite communications for economies the world over and how favourable political, regulatory, and industrial frameworks can help policymakers leverage their strengths. ESOA leads the sector’s response to global challenges and opportunities. It offers a unified voice for the world’s largest operators, important regional operators and other companies that engage in satellite-related activities.

Mr Lacina Koné, Director General and CEO of Smart Africa commented: “The partnership will be a key milestone in driving thought-leadership for the satellite industry. We look forward to seeing mutually beneficial results for Smart Africa Member States in satellite communication arising from this partnership.”

Ms Holla-Maini, ESOA Secretary General noted: “Smart Africa is recognised for its leadership in Africa. We are looking forward to working in this partnership to make a tangible difference to the lives of African citizens and in turn to African economies.”

www.smartafrica.org

MTN Group announces new mobile money partnership with Flutterwave across Africa

MTN is pleased to announce a mobile money partnership with Africa’s leading payments technology company, Flutterwave. This partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money (MoMo). 

MTN MoMo is a fintech platform providing consumers and businesses with an electronic wallet, enabling electronic transfers and payments as well as access to digital and financial services. At the end of June 2021, MTN MoMo had 48.9 million active users and 581,514 merchants. MoMo enables businesses to accept and make payments within the mobile money ecosystem. This new partnership will enable Flutterwave to offer MTN Mobile Money as a payment method to its business customers.

In recent years, Africa has witnessed an explosion in mobile penetration as smartphone adoption has risen rapidly. According to the GSMA, this year Africa will hit the half a billion mark of unique mobile subscribers and the continent will reach 50% subscriber penetration by 2025. Sub-Saharan Africa alone is responsible for more than 45% of the world’s mobile money accounts with the number of account holders exceeding half a billion by 2020, as shared on Statista.

Through this partnership, MTN and Flutterwave will positively contribute to this trend by increasing mobile money usage and penetration in Africa to improve local economies and livelihoods as well as create opportunities for individuals and businesses across the continent.

Commenting on the partnership, Serigne Dioum, MTN Group Chief Digital and Fintech Officer said: “As we progress on our journey to becoming the largest fintech platform in Africa, we will empower millions of businesses to embrace e-commerce in our markets to accept digital payments from MoMo consumers. We believe this is an enabler to accelerating digitized payments in Africa. Building strong ecosystems through partnerships is central to our platform strategy and we will continue to invest in expanding the reach of our platform to consumers and businesses in Africa.”   

Commenting on the collaboration, Olugbenga “GB” Agboola, Founder and CEO of Flutterwave, said: “Africa has one of the highest growth rates for mobile money adoption and e-commerce in the world. It makes sense that we help provide a seamless payment method to support and ensure African businesses reap the full benefits of the e-commerce boom in the region. Our goal has always been to grow a new wave of prosperity in Africa by creating more avenues for businesses in Africa to accept payments. With this partnership, we can achieve this while creating endless possibilities for our customers.” 

The new partnership will further expand on Flutterwave’s previous collaboration with MTN, beyond Uganda and Rwanda – with the potential of deepening adoption of digital payments and e-commerce in Africa, a sector expected to reach $29 billion by 2022, according to Statista. 

www.mtn.com