Business
Technology and innovation changing development in Africa
Africa’s technology experts, decision makers and innovators met in Cape Town, South Africa last week to look at the growth areas of technology on the continent. With approximately 10,000 people from across the globe attending Africom 2015, new innovations were discussed and the growth potential on the continent.
One of the issues under the spotlight in Cape Town was the issue of online money transfers – one of the biggest growth areas for mobile companies.
WorldRemit launched its instant transfers to Tigo Mobile Money accounts in Rwanda – the first international remittance service to send to mobile wallet users in Rwanda. The new service allows WorldRemit customers from over 50 countries from across the globe to send money to Tigo Cash customers in Rwanda like they would an instant message.
“Tigo Cash has already seen tremendous success and adoption within Rwanda and we welcome WorldRemit as an innovative partner allowing Rwandans abroad to send money home in the most convenient and secure way,” Tigo Rwanda Chief Executive Officer, Tongai Maramba said.
Tigo Cash offers digital financial services to more than 2.6 million people in Rwanda – with the main services including sending and receiving money, merchant payment, electricity bills and pay TV, as well as mobile phone credit.
Hundreds of African innovators were in attendance and a group of local application developers showcased their work.
Sipho Kobue and Lawrence Matjeni from Afta Robot South Africa have developed an innovative taxi app for taxi drivers in South Africa.
“There is no technology intervention in the taxi market and they wanted to help the mini-bus taxi industry and change perceptions of the industry that is often fraught with lack of organization,” Matjeni told reporters on the side-lines of Africom.
The app will certainly help taxi operators and associations make better decisions on their daily operations, adds Kobue. Taxi transport remains the main source of transport for millions of South Africans.
The app is currently being used by one taxi association in Eldorado Park, south of Johannesburg. The association currently has close to 500 taxi operators and the duo says they intend to roll it out across the country.
