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kaoutarchennoufi

Madaraka Express Ticket - Safaricom - 0 views

  • Going to Nairobi or Mombasa? Start off your Madaraka Express experience in style. Simply dial *639# to buy a Madaraka Express ticket and pay via M-PESA. It’s easy and fast! Buy up to a maximum of 5 tickets in one transaction 24/7 from the comfort of your home, office or even while on the go. You can book your ticket seven (7) days in advance plus a return ticket as long as it is within (seven) 7 day window period. You may also buy tickets over the counter at the Mombasa and Nairobi termini and at the respective departing intermediate station or by calling 0709 388888 and paying via M-PESA Group bookings of over 20 passengers must be made nine (9) days to the travel date.
    • kaoutarchennoufi
       
      M-pesa is also present in the travel field! very impressive! The special thing is that it allows people to book their tickets even 7 days before the day they want to travel on and they can also return it as long as it is within the 7 days. The return option is very rare to find in other facilities.
mehdibella

"Fawry" took over "Waffarha" shares | Fawry - 0 views

  • Fawry, Egypt’s first and largest E-payment company in the Egyptian market signed an agreement to acquire a non-controlling interest in “Waffarha” is a platform that provides various offers and discount vouchers for B2B and B2C through its website and APPs on mobile devices.Tarek Magdy, CEO of Waffarha, said: “Waffarha” was launched 6 years ago as the only platform that provides offers ranging from 50% for B2B and B2C, with more than 1 million social media followers and more than 1000 commercial series.”And he pointed out that “Waffarha” provides many services as (restaurants, cafes, travel, health and beauty, entertainment, etc.). There are 250 thousand customers who have saved nearly 50 million EGP after using “Waffarha”. All offers starting from 50% include taxes and services, and can be paid in different ways by choosing “Fawry Pay” service, which allows customers to pay cash in more than 90 thousand stores of Fawry or by banks (credit cards or direct debit). In addition to paying with “PayPal” through Fawry Pay” Magdy added: “Waffarha” aims to reach its dealings to 150 million Egyptian pounds by 2020″.
    • kaoutarchennoufi
       
      Fawry acquired WAFFARHA shares in order to correctly respond the requirements of its customers and businesses (Banks, mobile companies...) and provide them with loyalty programs, points systems ... in different fields. Since WAFFARHA was providing different services such as travel, health and beauty, restaurants... Fawry is alwaysmaking new investments in order to improve its customers and businesses journey and make it memorable.
  • Fawry, Egypt’s first and largest E-payment company in the Egyptian market signed an agreement to acquire a non-controlling interest in “Waffarha” is a platform that provides various offers and discount vouchers for B2B and B2C through its website and APPs on mobile devices.
  • “Fawry” took over “Waffarha” shares | Fawry
  • ...2 more annotations...
  • Tarek Magdy, CEO of Waffarha, said: “Waffarha” was launched 6 years ago as the only platform that provides offers ranging from 50% for B2B and B2C, with more than 1 million social media followers and more than 1000 commercial series.”
  • And he pointed out that “Waffarha” provides many services as (restaurants, cafes, travel, health and beauty, entertainment, etc.). There are 250 thousand customers who have saved nearly 50 million EGP after using “Waffarha”. All offers starting from 50% include taxes and services, and can be paid in different ways by choosing “Fawry Pay” service, which allows customers to pay cash in more than 90 thousand stores of Fawry or by banks (credit cards or direct debit). In addition to paying with “PayPal” through Fawry Pay”
hibaerrai

Mukuru is part of a growing formal remittance market - ECP Investments - 0 views

  • With international travel facing continued uncertainty amid the global Covid-19 pandemic, remittances on the African continent are moving from informal channels requiring travel and in-person contact to formal channels. The weakening of informal remittance practices has contributed to accelerated growth in the formal remittance sector, including for ECP portfolio company Mukuru.
    • hibaerrai
       
      Covid-19 has helped the rise of fintechs in the last year. Mukuru should take advantage of this pandemic and start to expand its activities other than south africa and maybe create a partnership with WorldRemit.
hibaerrai

WorldRemit and Digicel International Partner to Enable Mobile Wallet Transfers in Pacif... - 0 views

  • Scott Eddington, WorldRemit’s Managing Director for Asia Pacific, said: "We are proud of our history of helping customers send money back home to friends and family in the Pacific Islands, and this new partnership with Digicel will strengthen our offering and give even more choice to consumers. It couldn’t come at a better time – travel restrictions continue to impact on tourism and the movement of seasonal workers, and COVID-19 has created a step-change shift in consumer behaviour towards digital options such as mobile wallets."
    • hibaerrai
       
      WorldRemit continued to expand its activities with different countries in the world especially during the pandemic, and I believe that it is necessary since financial activities digitization is the future.
nourserghini

Abacus - 0 views

  • Get more for your moneyWhether you are saving for a house, a car, or for a rainy day, get more for your savings on Abacus with up to 9% p.a. #Do you have goals?Maybe it’s a solid financial foundation for the future or giving your kids the best educational opportunities. We can help you reach them.Living Abroad?You are the Kenyan expatriate. You traveled far, and have worked hard for your $, €, £ and AED. Let your money work just as hard for you back home to give you and your loved ones the life you deserve.Ride the bulls, escape the bearsGet the thrill of playing in the markets. Trade in individual stocks, bonds, forex* and bitcoin*.
    • nourserghini
       
      Abacus Kenya offers a wide range of services such as allowing customers to save their money, supporting clients' financial goals, remittance payments and trading in the financial market.
samielbaqqali

Startup Guide Cape Town: how this African city has become a magnet for international en... - 2 views

  • JUMO advances financial inclusion solutions in seven countries. Karri Payments offers mobile payment collection for schools and community organisations.
  • The book begins with an overview of Cape Town facts such as culture (melting pot of local and international cultures), spoken languages (English, Afrikaans, Xhosa), travel destination (one of the top in the world), cuisine (exquisite), bars and cafes (excellent), customs (braai barbecue), nature and sports (fantastic), wildlife (diverse), locals (chatty, friendly), and transportation (great but fragmented),
    • samielbaqqali
       
      The seven financial inclusion products of JUMO are a clear example of the range of solutions provided by this organization. I like the way JUMO innovates and grows in order to offer a product/service that is very effective across the continent.
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    JUMO's seven financial inclusion products are a good example of the variety of solution that this company provides. I like the way JUMO innovate and expand in order to deliver a very efficient product/service in all the continent.
nouhaila_zaki

African money transfer firms thrive as pandemic spurs online remittances | Reuters - 0 views

  • The pandemic gave remittance companies an advantage over their main competition in Africa: the sprawling informal networks of traders, bus drivers and travellers used by many migrants to send money home.“We’ve seen an influx of new customers, and we see them mainly coming to us from the informal market,” said Andy Jury, chief executive of Mukuru, the company Takawira now uses.Jury and other industry executives say that shift is likely to last as digital remittance services are typically cheaper, faster and safer than informal networks, which are difficult for governments to regulate.Mukuru, which focuses mainly on African remittances and allows customers to send both cash and groceries, has seen a roughly 75% acceleration in growth compared to last year.
    • nouhaila_zaki
       
      This excerpt is important because it reflects the "positive" impact that the pandemic had on Mukuru. It shows what Mukuru did better than traditional remittances platforms (i.e. buses, banks) so that it survived the covid-19 pandemic.
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    ""We saw an increase of transfers as the diaspora wanted to help their family," said Patrick Roussel, who heads mobile financial services for the Middle East and Africa at French telecom company Orange - a dominant player in French-speaking Africa."
tahaemsd

Hello Paisa goes global with Western Union - 0 views

  • “We have identified an opportunity for effective global collaboration to do our part in enhancing financial inclusion for migrants living in South Africa. Through this partnership, we have been able to expand our reach globally, sparing our customers the hassle to travel long distances to collect their money as we now leverage off Western Union’s vast network of retail agents, bank account and wallet payout capabilities,”
    • kenza_abdelhaq
       
      The South African payment company expands its operations and its reach by partnering up with the global corporation Western Union. This allows the enhancement of financial inclusion mainly in South Africa and allows people to have quick and convenient access to their money.
  • Hello Paisa, one of South Africa’s largest international money transfer providers and Western Union, a global leader in cross-border, cross-currency money movement and payments today announced they have joined forces to enable Hello Paisa customers to send global money transfers for payout at the global network of Western Union.
    • tahaemsd
       
      This partnership enables hellopaisa customers to send money from south africa to their family and loved ones for pay-out into billions of bank accounts
nourserghini

Send money to M-PESA accounts in Kenya - 0 views

    • aminej
       
      I believe that M-PESA is one of the most developped and interesting fintechs in Africa and I'm sure it will expand to different places in the world. It a virtual banking system (mobile money service) that offers transaction services through a SIM card on a mobile phone. It is a very safe method of sending and receiving money very fastly and conveniently even for people who live in rural areas which is the case for most of people in the African continent.
  • M-PESA Kenya is an electronic mobile money service that allows you to store, send and receive money on your mobile phone. With an M-PESA account, you can transfer cash and shop for products and services. You can also withdraw cash by visiting an agent (typically in a corner shop) or transfer it to others from your phone. This makes it a quick, safe and simple way to make payments and handle money.
  • M-PESA is a virtual banking system (mobile money service) that offers transaction services through a SIM card on a mobile phone. In Kenya this must be with a Safaricom SIM card. The SIM card is inserted into the card slot of the mobile device and users can receive and store money, as well as make payments and transfer money to vendors and family members using SMS messages.
    • kenzabenessalah
       
      M-PESA doesn't require something complex for customers to make use of its services, they just need a SIM card.
  • ...1 more annotation...
  • Why use M-PESA to send money to Kenya?Money is added instantly to M-PESA accounts once payment is approved.Your recipients don’t have to carry large amounts of cash with them, which can be unsafe.There’s no need for your recipient to travel to a pickup location, they will have the money delivered right to their phone. It couldn’t be easier!
    • nourserghini
       
      This part explains the facility of sending money to Kenya through M-pesa as money is added instantly and is delivered directly to the phone.
hibaerrai

AgroCenta: Empowering and supporting smallholder farmers through technology and innovat... - 0 views

  • AgroCenta provides an end-to-end solution for smallholder farmers in the post-harvest value chain from farm to market, leveraging on technology to create impact. AgroCenta's services include a market linkage platform (AgroTrade) linking farmers directly to buyers and removing exploitative buying, TruckR which is an on-demand trucks and logistics services (uber for trucks), AgroPay which is a financial inclusion plaform for the rural unbanked smallholder farmer.
    • hibaerrai
       
      Agrotrade is a smart initiative and a great platform because farmers won't need to travel or have any contact with the buyer or seller, and in the time of Covid-19, it is beneficial.
hibaerrai

Business Real Estate News | Technology | Travel Guide - 0 views

  • Thndr, an Egypt-based startup has announced that it has received the first new brokerage license in the country in over a decade. Thndr recently acquired the necessary licensing from the Financial Regulatory Authority (FRA). 
    • ayachehbouni
       
      Egypt has more than 100 million people and is expected to be the 7th largest economy by 2030. This represents a huge opportunity in my opinion for Thndr as the demand for convenient and digital ways to invest money will be increasing as time goes by.
  • Ahmad Hammouda, Co-Founder and CEO at Thndr said Egypt is expected to be the 7th largest economy by 2030 and has more than 100 million people, most of which are young and are looking for a convenient and digital way to invest their money. “That’s why we are excited to bring a new breed of young investors to the market” he added.
    • hibaerrai
       
      Thndr should take advantage of this growing market in Egypt, and convince and attract the young generation.
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