Mahindra Comviva’s EcoCash Wins Top Honour at AfricaCom Awards 2013

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Sam Wakoba
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africacom mahiMobile financial and VAS solutions privider, Mahindra Comviva, has won the AfricaCom Awards 2013 in the “Best mobile money service” category for its mobile money service EcoCash Zimbzbwe.

The service powered by the firm’s mobiquity® mMoney solution was recognized among AfriCom’s premier accolade for service providers operating in Africa’s digital market.

Speaking on the occasion, Manoranjan Mohapatra, Chief Executive Officer, Mahindra Comviva said, “It is an honor to receive such a coveted award. The emergence of sectors like financial services as key revenue contributors truly reflects the gradual transformation of African market. I am extremely elated that Mahindra Comviva’s efforts in these fields have been recognized especially for EcoCash, which strengthens the financial infrastructure.”

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africacommahiEcoCash service is delivering financial and payment services to the Zimbabweans, the majority of whom are unbanked and thereby providing a mechanism of organized financial services to reach all segments of the society.

With over 3 million users in Zimbabwe, EcoCash customers have a multi-functional and secure account to receive salaries, initiate international and domestic remittances, buy airtime, pay utility bills and merchant payments.

EcoCash transactions are equivalent to 22% of the country’s GDP (USD 10B)

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Sam Wakoba
Sam Wakoba
http://techmoran.com
Based in Nairobi, Kenya, Sam is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba
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