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Vodacom Tanzania and WorldRemit launch mobile money transfers to M-Pesa accounts in Tanzania
Vodacom M-Pesa customers can now receive money instantly from over 50 countries worldwide using the WorldRemit app or website
DAR ES SALAAM, Tanzania, December 17, 2019- Vodacom Tanzania has partnered with leading online money transfer service WorldRemit to enable ten million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad.
The new service increases convenience for money transfer recipients in urban and rural areas of Tanzania as they can receive international money transfers directly to their phones, without the need for a bank account or internet connection.
Using the WorldRemit app, Tanzanians living abroad in over 50 countries, including the US, UK and Canada, can send money home 24/7 in just a few taps. This saves customers time and money as they do not have to travel to a traditional money transfer agent and pay expensive fees to send money home in cash.
WorldRemit is a global leader in international transfers to mobile money accounts and is connected to over 190 million accounts across 30 countries.
Epimack Mbeteni, Vodacom Tanzania M-Pesa Director, said: “This new partnership with WorldRemit enables us to tap into their global payments network, and help customers receive remittances into Tanzania from more countries around the world. It will enable families and friends in the country to conveniently receive money through M-Pesa from across the world. This is just one more way we are making our customers’ lives easier.
“Once the money is in their M-Pesa accounts, recipients can use it for development and other economic activities such as savings and loans, overdraft services, group savings, e-payments and many more services offered by Vodacom. We have an extensive footprint of over 106,000 M-Pesa agents across the country, as well as a diverse ecosystem of banks, businesses and merchants connected to M-Pesa.”
Cynthia Ponera, Country Manager for Tanzania at WorldRemit, said: “Our money transfer service to Tanzania is growing by over 100% year-over-year, and mobile money is the most popular way for our customers to send money to the country.
“We are delighted to partner with Vodacom to further expand our network and connect over nine million M-Pesa customers to our award-winning money transfer service. Our partnership will drive down the cost of sending money to Tanzania and enable recipients in some of the most remote locations to receive money from abroad in seconds.”
Also Read: Meet Mariatheresa S. Kadushi, Founder of M-afya, A Mobile App Providing Health Information In Native Languages In Africa
According to the World Bank, migrants from Sub-Saharan Africa sent (http://bit.ly/34xUF8B) $46 billion back home in 2018, a growth of 10% compared to the previous year. Money sent back to families contributes to the sustainable growth of Tanzania’s economy, and is used for family essentials, such as healthcare, education and bills, as well as savings, investments and business ventures. The majority of money transfers to Tanzania are sent through banks, which often charge high fees and can take several days to process payments.
As WorldRemit does not have to pay charges associated with agent locations in sending countries, the company can pass these savings on to customers. According to the World Bank, the average cost of sending (http://bit.ly/2EB3LqB) £120 (~ $155) from the UK to Tanzania is almost 9.5%. WorldRemit fees for the same amount start below 2%. The company is also currently offering customers zero fees on their first three transfers if they use the code 3FREE (http://bit.ly/2sv4tTs) when making payment.
In addition to its mobile money service, the company also offers bank transfer, cash pickup and mobile airtime top-up to Tanzania.
For more information on how to send money to Tanzania, click here (http://bit.ly/2Z2cRpG).
Press Release
TelCables’ Partner Program is shaping the future of digital connectivity in West Africa
TelCables West Africa, part of the Angola Cables global network, shared details of its innovative Partner Program at a recent event held at the Lagos Continental Hotel, Victoria Island, Lagos, Nigeria. This initiative is designed to empower companies in West Africa to shape the future of digital connectivity, tap into the rapidly growing enterprise market, and expand their businesses internationally.
The TelCables Partner Program enables telecommunication companies, operators, ICT integrators, as well as internet service providers to extend their influence in shaping West Africa digital ecosystem.
Multinational telecommunications company Angola Cables operates in the wholesale market, providing connectivity, IT solutions and services, as well as international data circuit capacity and IP transit via owned, high-capacity submarine cables, including SACS, Monet, and WACS.
“Leveraging the Angola Cables Partner Program provides a unique opportunity for us to help connect our partners’ businesses from West Africa to the world,” said TelCables Nigeria CEO, Fernando Fernandes.
“As the most connected network operator in Africa, our secure, low-latency direct routings Data Center to Data Center from West Africa to the USA and South America, and from West Africa to London provide an immense advantage to our partners. Moreover, our presence across a number of Nigerian IP hubs such as Lekki, WACS CLS, Medallion DC, Rack Centre and others, and connections across Africa via the Djoliba network, means our partners have access to some of the most advanced digital infrastructure on the continent and our featured products to address secure connectivity and Clouds2Africa the most interconnected Cloud IAAS in Africa benefiting to our Global Network in more than 400 Cloud and Anti-DDoS secured nodes,” he added.
The Partner Program provides a comprehensive suite of management resourceful tools to support partners in their sales efforts. This includes portal, sales and marketing tools that enable partners to define product, commercial, and marketing strategies, as well as receive technical formation and go-to-market initiatives to streamline and accelerate their market offerings. The personalized program also adapts to the needs of each partner’s experience and market demand, ensuring mutual success. Additionally, tailored training and support are provided to each partner to help them achieve their goals.
Based in Nigeria, and with a global footprint in 20 countries on five continents, TelCables offers a wide range of internet exchange points, points-of-presence, peering, and related services. Current participants in the Partner Program include Microsoft, NEC, Juniper Networks, Ciena and Check Point Software Technologies Ltd., all benefiting from Angola Cables’ extensive, low-latency direct access connectivity, connecting to the largest Internet Exchange Points (IXPs), Tier 1 operators, and global content providers in Africa and around the world
As part of the Angola Cables family, TelCables West Africa’s Partner Program is a testament to the company’s dedication to empowering businesses in West Africa to reach new heights in the digital age. Companies interested in joining the Partner Program and becoming part of a network that is shaping the future of digital connectivity in West Africa, can do so here
Veuve Clicquot Bold Woman Award (Image: Supplied).
Since its inception in 1972, the Veuve Clicquot Bold Woman Award has established the platform as the ultimate accolade highlighting female founders and CEO’s globally. Esteemed for honouring female pioneers who embody the spirit of Madame Clicquot, this award has two categories, the Bold Woman Award and the Bold Future Award, which highlight and give visibility to innovative women around the world. This is the first and longest-running international award of its kind and South African female business leaders and entrepreneurs looking to elevate their businesses and join a community of like-minded trailblazers are invited to enter from 18 March 2024.
Over 52 years, the award has celebrated women who exemplify the same tenacious, enterprising spirit of the Grande Dame of Champagne, Madame Clicquot. Widowed at the age of 27 in 1805, she defied norms and transformed an entire industry – an extraordinary feat during an era when women faced significant limitations, unable even to establish personal bank accounts, let alone independently own or manage businesses. The Bold Woman Award is a powerful tribute to women who share her fearlessness and determination. Open to women in 27 countries, the award has honoured over 450 businesswomen to date. Not only does it applaud their leadership, but also provides laureates with prominence, a powerful platform and access to an inspiring global community.
The award’s impact is invaluable, and these Bold women in turn inspire and motivate future generations of female leaders. The South African edition of the 2023 Bold by Veuve Clicquot Barometer reveals that 72% of aspiring women entrepreneurs are inspired by, and can name, a local female role model. This finding underscores the vital role of the Bold by Veuve Clicquot programme, which sets out to fortify a sustainable future for businesswomen globally through impactful initiatives that inspire mentorship and collaboration. The data for the 2023 Bold by Veuve Clicquot Barometer was collated from over 49,000 women and men surveyed in 25 countries, contributing to a powerful overview of female entrepreneurship globally.
One initiative that sets out to amplify the Bold Programme and fosters global female networking is Veuve Clicquot’s Bold Open Database, a collaborative database catalysing social and economic development. South African women seeking to connect with fellow female entrepreneurs across the globe are invited to register Here.
The women who step into the Bold Woman Award spotlight pay tribute to the legacy of Madame Clicquot and play a vital role in inspiring future generations of female entrepreneurs. South African women who are ready to be recognized for their business achievements are called to enter the 2024 Veuve Clicquot Bold Woman Award.
HOW TO ENTER
To enter the Bold Woman Award, candidates must be founders or CEOs of a company for more than three years, have demonstrated transformation and evolution in their field, and supported growth for at least two years while maintaining an ethical approach to business.
To qualify for the Bold Future Award, candidates must be the founders or CEOs of a company that has been in existence for less than three years. In that time, the candidate must have made a significant contribution to the success of their company by instilling a sense of entrepreneurship and have made a tangible contribution to transformation in an existing market, while bringing ethical change to the company.
Three finalists in each category will be selected by an esteemed jury and will be invited to attend the Bold Woman Award ceremony on 17 July where one laureate in each of the categories will be lauded by a grand jury. The Bold Woman Award winner will travel to Reims, France, for an immersion in the history, tradition, and luxury of Maison Veuve Clicquot.
Entries open on 18 March and close on 30 April 2024. Business leaders and role models who are ready to be recognised for their remarkable success are invited to enter the Veuve Clicquot Bold Woman Award by completing a simple form Here.
Applicants must be an official resident of South Africa and the business must be based in or operating in South Africa. The finalists will be selected by an independent panel of judges.
Shelter Afrique Development Bank (ShafDB) Chief Executive Officer, Thierno Habib Hann, has presented his credentials to Prime Cabinet Secretary of Kenya and Foreign & Diaspora Affairs Minister of Kenya, H.E Dr. Musalia Mudavadi.
In a formal ceremony held at the Prime Cabinet Secretary of Kenya’s office in Nairobi, Mr. Hann conveyed Shelter Afrique Development Bank ‘s commitment to enhancing its collaboration with the Government of Kenya in addressing the pressing challenges of affordable housing and urban development in the country and across Africa.
Mr. Hann highlighted the organization’s commitment to sustaining its impactful efforts in Kenya, particularly in advancing affordable housing programs. Mr. Hann reiterated Shelter Afrique Development Bank ‘s dedication to supporting Kenya’s housing agenda with a particular focus on housing programs that seek to address key thematic areas of climate financing, gender, migrants, refugees, and the diaspora.
“We enjoy a great relationship with the Government of Kenya, being Kenya Shelter Afrique Development Bank ‘s largest shareholder and we are looking forward to scaling up projects that are in line with the visionary economic development agenda – Kenya Vision 2030. We extend our gratitude to the Government of Kenya for their enduring confidence in our institution and for hosting ShafDB’s Headquarters for the last 42 years,” stated Mr. Hann.
He further conveyed Shelter Afrique Development Bank ‘s readiness to collaborate closely with Kenyan authorities in implementing innovative solutions aimed at expediting the provision of quality, affordable housing, and associated infrastructure and urban development across the nation.
Welcoming Mr. Hann and accepting his appointment, Prime Cabinet Secretary Honorable Musalia Mudavadi, commended Shelter Afrique Development Bank for its ongoing transformation and continued commitment to Kenya and further Africa’s development priorities, highlighting the organization’s valuable contributions to the region’s housing sector over the years.
