Rwanda govt punts mobile money
VALUE ADDED SERVICES| Feb. 8, 2012, 1:01 p.m.
Rwanda’s ICT Ministry has embarked on a campaign to grow the use of mobile money.
The Ministry of Information and Communications Technology says while the use of mobile banking and money transfers has grown in Rwanda, more public awareness is needed.
The Ministry said that the country’s mobile telephony subscriber base from had risen to 4.44 million subscribers. Although mobile phones are predominantly used for voice communication, a number of new services, including mobile money transfer, mobile banking and purchase of pre-paid electricity (cash power) and pay-TV subscriber credits have been progressively introduced.
The Ministry said: “As of December 2011, 424,326 subscribers have been registered as active users of mobile money transfer services, representing about only 9% of the total mobile subscriber base.
While banks and mobile communications service providers are diversifying their offers in bringing new services to mobile phone subscribers through standard public advertisements, there is a need to strengthen synergies between different stakeholders in order to address the critical issue of public awareness about economical opportunities and numerous benefits offered by electronic transactions using mobile telecommunications.”
To support this growth, the Ministry of ICT, in partnership with other stakeholders including Banks, RDB, Telecom Companies, EWASA as well as local Government leaders, has initiated a National ICT Awareness Campaign focusing on public awareness about the potential offered by Mobile Money Transfers and Mobile Banking services.
Starting with Kamonyi District the awareness campaign was organized as following:
- An interactive information session on mobile electronic transactions services targeting local Government and District opinion leaders,
- Public awareness campaign demonstrating the benefit brought about by electronic transaction services using mobile phones. Both ICT Bus, District Telecenters and mobile users’ support stands will be used,
- Public awareness campaign in the form of mini-expo targeting the general public and demonstrating practically how to register and utilize mobile phones for electronic money transfer, mobile banking and service payment.
The campaign will continue to the Kayonza, Rubavu and Musanze Districts.
MORE VALUE ADDED SERVICES NEWS
Afrinvest unveils mobile app for online trading, investment managementAfrinvest Securities Limited at the weekend launched an online equity trading mobile application, offering clients mobile access to their brokerage accounts and portfolio data. Read More
Stanbic launches real time payments for electricity and DStvStanbic Bank Botswana has announced the introduction of state of the art, real-time electronic payments for Prepaid Electricity and DStv Subscription through its cellphone Banking and Internet Banking Channels. Read More
Safaricom readies to bring M-PESA homeSafaricom has started final preparations for the launch of the second generation of its M-PESA platform as it prepares to perform a full scale system upgrade aimed at improving efficiencies and speed over the next week. Read More
Airtel Money hits over 1 million transactions in a monthAirtel Ghana has attained another milestone with its instant mobile money service. Read More
Online payment of BGCSE examination fees using Orange MoneyThe Botswana Examinations Council has announced its partnership with Orange Money for the payment of examination fees. Read More
Airtel Money enables fundraising for Garissa attack victimsAirtel Kenya has set up a donation paybill number for well-wishers to send funds to the Red Cross to support victims of the Garissa attack. Read More
Spectranet offers subscribers free movies on iROKOtv.com4G or long term evolution (LTE), internet service provider (ISP) Spectranet has launched a partnership with iROKOtv.com, Africa’s premier internet television provider. Read More
Airtel Rwanda to introduce Airtel Money micro loansIn a bid to expand reach into mobile financial services, Airtel Rwanda has announced plans to introduce micro-loans on Airtel Money on April 1, 2015 in a partnership with Atlantis Microfinance Limited. Read More
BIC, Orange Money agree on payment serviceBotswana Insurance Company (BIC) and Orange Botswana have entered into a partnership which will now enable BIC customers to make their premium payments through the Orange Money mobile money service. Read More
Strathmore, Castalia look to implementation of mobile learningStrathmore University in Nairobi and Castalia Co of Japan has signed a Memorandum of Understanding to launch a feasibility study of “goocus pro” and “goocus 3”, mobile learning platforms developed by Castalia, starting from April of 2015. Read More
FEATURED STORYe-commerce space untapped, says phonekings head
E-commerce is the future, says the head of a new online electronics mall launched in Nigeria. Tayo Olusanya spoke to Kokumo Goodie in Lagos.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.