DPO Pay, registered under One Payment Tanzania Limited, has received approval from the Bank of Tanzania to operate as a Payment Service Provider.
Growing confidence levels in digital as a business imperative is tied to a deeper understanding and wider recognition among SMEs of the advantages that result from a growing digital economy. Women entrepreneurs highlighted the increased efficiency of transactions across multiple channels (60%) and the ease of not handling or processing cash (60%).
Speaking during the 2021 Visa Africa Innovation for Inclusion Summit, Aida Diarra, Senior Vice President & Group Country Manager for Sub-Saharan Africa at Visa, said over the last decade Visa has taken a keen focus in collaborating with key players across the payments landscape to enable access to digital payments. “We continue to partner with leading players in sub-Saharan Africa including banks, fintechs, embanks and telecommunications companies to enable new payment experiences that accelerate inclusion across the region,” said Diarra.
A team led by WorldRemit founder Ismail Ahmed has launched Sahamiye Foundation, a philanthropic organisation focused on using technology and innovation to tackle Somaliland’s most pressing development challenges. Over the next 10 years, Ismail Ahmed’s ambition is to be able to commit $500 million...