Kenya-based NCBA Group seeks new markets for mobile banking services

It appears African operators no longer have the fintech market all to themselves. In fact NCBA Group, a Kenya-headquartered financial services conglomerate, recently announced that is planning to work with partners to bring its mobile phone banking service M-Shwari to Ghana, Ethiopia and the Democratic Republic of Congo (DRC).

This also seems to be part of a strategy for NCBA to grow as a regional bank. It already operates in Tanzania, Uganda, Cote d’Ivoire and Rwanda and is apparently in talks involving potential partnerships with banks and operators in those countries for mobile phone banking services.

NCBA did well in the mobile phone-based lending market in Kenya after partnering with Safaricom in 2012. It now wants to replicate this model outside East Africa.

Ethiopia and DRC seem to be particularly attractive as they have huge populations and a banking sector mainly focused on serving big companies, making them appealing to ambitious lenders in regional states targeting smaller businesses.

In addition the NCBA model is to work with local banking and mobile partners to deliver its products in new markets, and, while new regional partners have not yet been revealed, its Kenyan partner Safaricom has recently entered the Ethiopian market. However, local press reports point out that Ethiopia’s banking sector is still one of the most tightly state-controlled in Africa and is not open to foreign ownership.

NCBA has established partnerships elsewhere with a number of operators, including M-Pawa in Tanzania with Vodacom, Mokash in Uganda with MTN and Momokash in Cote d’Ivoire, also with MTN.

Local press reports suggest that NCBA plans spin out its fintech business, which includes M-Shwari, into a standalone company with the aim of creating more personalised and feature-rich digital banking services.

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EU hits Meta with €265m fine over GDPR breach


News

The fine relates to a data breach that took place in 2019 and may have affected over half a billion people

This week, the Irish Data Protection Commission (DPC) has issued Meta with another multi-million Euro fine, marking the latest in a series of General Data Protection Regulation (GDPR) woes to befall the US tech giant.

The €265 million fine comes in response to a data breach that Meta announced in April last year, which immediately sparked an investigation from DPC, the regulatory body in charge of overseeing Meta’s EU operations.

The breach itself took place back in 2019, with Meta reporting that the personal information of around 533 million people had been ‘scraped’ and made accessible on the internet.

The DPC investigation found that, during the period from the 25 May 2018 to September 2019, Meta had failed to live up to GDPR standards with regards to its Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer tools.

Other EU regulators were consulted before the DPC issued the formal fine. The DPC has also ordered Meta to update various systems so that they comply with GDPR law.

“There was a comprehensive inquiry process, including co-operation with all of the other data protection supervisory authorities within the EU,” said Irish Data Protection Commissioner Helen Dixon. “The decision imposed a reprimand and an order requiring [Meta Platforms Ireland Ltd] to bring its processing into compliance by taking a range of specified remedial actions within a particular time frame. In addition, the decision has imposed administrative fines totalling €265 million on [Meta].”

This is the latest in a series of fines Ireland’s Data Protection Commission has imposed on Meta. Last October, the regulator fined Meta (then Facebook) €225 million over various violations related to its WhatsApp platform not fully informing users how it was using their data. More recently, Irish authorities fined the company €405 million after an investigation had found that teenagers had been allowed to set up business accounts displaying their phone number and email addresses on Meta’s subsidiary Instagram.

EU regulators have been cracking down on Big Tech in recent years, with Google, Apple, and Meta all facing fines in the hundreds of millions of dollars for breaches of GDPR and competition regulations.

How is the increasing role of hyperscale tech companies impacting the US telecoms industry? Join the experts in discussion at the upcoming Connected America conference

Also in the news:
SKT takes its Ifland metaverse platform global
CMA probes Apple and Google over browser “duopoly”
Vodacom launches National Relay Service to boost digital inclusion

Meet the data experts delivering on the promise of sustainable mobility


STARTUP STORY

Leipzig based Vesputi are the startup behind Mobilitybox, a mobility-as-a-service (MaaS) offering that enables a scalable technology interface between transport operators and third-party providers including hotels, airlines, and more. The founders see their offering as a complimentary add-on to telco’s main product offerings.

Tell us about your start up
Vesputi is one of Europe’s leading B2B tech providers for sustainable mobility solutions.

Vesputi is building the Mobilitybox, a standardized, europewide B2B interface, that companies use to integrate public transport into existing apps and platforms. The Mobilitybox enables the Mobility-as-a-Service vision, as public transit becomes available, standardized and at scale.

Vesputi´s customers include, amongst others, hotels, airlines, and event organizers. By integrating public transport, these partners deliver additional value to their clients and increase traction and retention on their apps while decreasing their carbon-footprint.

What is your USP?
Vesputi is opening up a new digital B2B sales channel for public transit operators. The Mobilitybox comes with a state-of-the-art developer portal and allows a seamless integration with a single contract and without worrying about technological standards and politics in the public transit space.

Vesputi has developed its own backend system and hence adapts entirely to its public transit partners current tech set-up.

What is your relationship with the telecom sector?
The telecom sector is a route to market. By adding mobility to the service portfolio, telcos can complement their service offering and cover a wider range of its users daily lives. Vesputi enables the integration through its product – the Mobilitybox.

Additionally, the entire smart city and mobility sector is heavily dependent on digitalization and connectivity. In that aspect, our solution depends on reliable connectivity and smart digital offering by third party providers.

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How have you got to your current stage of development?
Vesputi is a trusted partner of public transit operators since 2016. At the beginning, Vesputi successfully implemented mobility projects with public utilities, transport companies and enterprises such as multimodal apps and simulation tools. Today, the company is fully focused on its product: the Mobilitybox. Vesputi is supported by different organizations and government bodies on national and European level, such as the BMDV and EIT Urban Mobility and is backed by a group of private investors.

Why did you establish the business?
We are mobility experts and enthusiasts from a private and professional background and want to use our strong technological background to not just improve user experience in the mobility space, but to create something with a real purpose. Climate change is one of the biggest challenges in today’s world and public transit is a major lever to reach the UN sustainable development goals in the transport space.

Who inspired you?
We are inspired by the vision of a sustainable mobility ecosystem and convinced of the potential that technology can enable a transition towards sustainable mobility behaviour.

What does the future hold for your business?
The future of mobility will be sustainable, connected and easily accessible for everyone. Vesputi will be a major technological enabler to reach that vision.

Vesputi´s technology reduces complexity and decreases the barrier to collaborate with public transit across different regions and countries. In consequence, public transit becomes easily available from the user perspective, ridership increases and sustainable mobility behavior becomes more attractive.

Vesputi aims at providing a Europe wide standardizes access to public transit.

COMPANY CV
HQ: Leipzig, Germany
Number of employees: 10
Last Funding Type: Pre-Seed
Website URL: https://www.vesputi.com/
Founders: Linus Frank and René Meye

Vesputi are one of the startups you can meet at Connected Germany on the 6-7 December 2022. We have a limited number of free tickets for telecom operators and public service organisations. Register at www.totaltele.com/connectedgermany

Industry Spotlight: Joe Scattareggia on Windstream Wholesale’s Infrastructure Buildouts and Beyond

Industry Spotlight: Joe Scattareggia on Windstream Wholesale’s Infrastructure Buildouts and Beyond

In February we had Windstream Wholesale’s Buddy Bayer here to talk about the company’s plans for 2022.  Now we follow up to see how things went with Joe Scattareggia, who has been instrumental in driving forward the company’s new infrastructure construction activity on multiple fronts.  On the menu are multiple intercity, high-fiber-count network buildouts and many new customer relationships that you wouldn’t have associated with the Windstream of old. … [visit site to read more]

I’m gonna get myself connected…


STARTUP STORIES

Startup DEVITY say their KEYNOA Engine enables you to automatically establish an encrypted connection of any IoT device to any data platform.

Tell us about your start up
DEVITY is your expert for IT security and cloud connectivity in large scale Internet of Things projects. Based on our team members’ research in cryptography, identity management and OT security at the University of Paderborn, we have developed into a reliable partner for manufacturers, integrators, and operators in industrial automation. The team of experts supports in building scalable IoT infrastructures with our core product KEYNOA as well as in designing and developing IoT security architectures.
Our product KEYNOA simplifies the configuration and installation of IoT devices such as sensors, industrial computers, and machines to unravel the access to secure operation of IoT infrastructures for organizations across Europe.

What is your USP?
Fundamental to KEYNOA are unique identities that are assigned to each device produced. KEYNOA ensures that these identities are transferred throughout the supply chain and used for trustworthy mass enrolments. A unique feature is its capability to bind devices to IoT clouds and data platforms at a late stage – just before physical installation – in the device life cycle. The configurations and credentials can also be created or chosen at a late stage. Therefore, the device owner can choose the configuration and operation purpose of a device fleet at any point of time. This results in a major advantage for operators – in addition to IT security. Until now, experts have had to configure each device individually and in a time-consuming manner. With KEYNOA there no difference in the programmatic configuration effort for 10 or 10,000 identical sensors or gateways.

What is your relationship with the telecom sector?
We enable the telecom sector to accelerate installations of devices as well as IT security operations in large scale projects for critical infrastructures, industrial manufacturers, and energy plants.

How have you got to your current stage of development?
DEVITY was supported from day on by garage33, the start-up centre of the University of Paderborn. Besides that, we worked with Founders Foundation in Bielefeld and KASTEL in Karlsruhe.

Why did you establish the business?
In his research at University of Paderborn and work for IoT solution providers Sven Uthe recognized that IT security was not considered at all or inoperable for non-experts in IoT projects. He decided to change that und make IT security available for every user of Industrial IoT technology.

What is your motivation?
Our motivation is that many companies don’t understand how dangerous their IoT security gaps are. We want that cyberattacks don’t become a disadvantage for any company.

What does the future hold for your businesS?
DEVITY is on the mission to reduce manual tasks and enable IT security in every IoT use case. In 2023, we want to triple the number of partners and deploy fife time more devices.

COMPANY CV
HEADQUARTERS: Paderborn, Germany
NUMBER OF EMPLOYEES: 7
LAST FUNDING TYPE: Research Funding
WEBSITE URL: https://devity.eu/
FOUNDERS:
Sven Uthe – Co-Founder, CTO
Christoph Milder – Co-Founder, CEO

You can meet DEVITY in the Startup Village at Connected Germany on the 6 – 7 December 2022 at Mainz Congress, Germany. You can still grab a free ticket on the website

Vodafone Spain launching 5G FWA


News

The operator hopes to leverage its mobile network to gain a stronger market share in the fixed broadband market

This week, Vodafone Spain has announced that it will launch a 5G fixed wireless access (FWA) service offering by the end of the month.

The service will originally be available in parts of Madrid, Barcelona, ​​Valencia, Seville, Zaragoza, Malaga, Bilbao, and A Coruna, with Vodafone intending to increase this availability to 65 cities in future.

Customers will be able to receive speeds of “up to 1Gbps” according to Vodafone, though average speeds are likely to be lower.

The motivation for this push into 5G FWA is clear enough. While Vodafone’s share of the Spanish mobile market is around 23%, its share of the broadband market is much smaller. This is largely due to Vodafone’s fibre-to-the-premises (FTTP) network itself being dwarfed by those of its closest rivals, only passing around 3.5 million homes, compared to 27 million for Movistar and 17 million for Orange.

Vodafone’s 5G network, by contrast, is much more competitive, set to cover around 46% of the Spanish population by the end of the year. Couple this availability with the quick and easy installation process of the FWA hardware and it becomes a very attractive prospect for businesses and consumers, especially in relatively remote locations.

Vodafone already offers 5G FWA in various European markets, including Italy, Germany, and the UK.

Also in the news:
SKT takes its Ifland metaverse platform global
CMA probes Apple and Google over browser “duopoly”
Vodacom launches National Relay Service to boost digital inclusion

After South Africa and Nigeria, MTN now launches 5G in Zambia

Pan-African operator MTN has followed 5G launches in South Africa and Nigeria with the news that MTN Zambia has become the first mobile operator in the country to offer 5G services commercially.

Not too surprisingly, there was a formal ceremony to celebrate the occasion, with the country’s president and a number of ministers in attendance as well as senior MTN figures.

Discussing markets, MTN CEO Ralph Mupita said, possibly with a nod to private network rollouts, that « in Zambia, we see great opportunities across many sectors, and in the mining industry in particular”.

MTN’s 5G services, which follow 5G trials over the past 11 months, have been activated to cover about 65% of the population in the cities of Lusaka, Kitwe and Ndola as well as parts of Chingola, Solwezi and Kalumbila – about 15% of the whole country’s population. The aim, it seems, is to reach 100% 5G coverage in Lusaka, Kitwe and Ndola by the middle of 2023, while gradually expanding the 5G network to other locations.

The introduction of 5G is described by MTN Zambia as part of a wider network strategy that includes the optimisation and modernisation of existing 3G and 4G networks, the building of a fibre ring in Zambia with MTN GlobalConnect, and the extension of coverage in more rural areas.

This is quite a coup for what is, according to market research firm Omdia, the second-biggest mobile operator in Zambia, with around 7.1 million mobile subscribers against Airtel Zambia’s total of nearly 7.9 million subscribers. Number three player Zamtel has about 4.2 million subscribers.

MTN Zambia may not be the country’s sole 5G player for long, however. In October Airtel Zambia purchased 60MHz of additional spectrum spread across the 800MHz and 2600MHz bands for around US$29 million. It plans to use the spectrum for expanding its mobile and fixed services; that will include 5G rollout.

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Ericsson launches 5G growth report for emerging markets

A report from Analysys Mason commissioned by Ericsson highlighted the potential economic, consumer and environmental benefits from 5G connectivity in 15 emerging markets, stating these countries could see GDP growth between 0.3% and 0.46% through 2035.

The countries addressed in the report are Bangladesh, Brazil, Chile, Columbia, Egypt, India, Indonesia, Malaysia, Mexico, Morocco, Nigeria, Pakistan, South Africa, Thailand and Turkey.

Ericsson head of government and policy advocacy Andrew Lloyd said: “With the backing of governments, regulators and policymakers, each of these 15 countries, and their citizens, stand to benefit significantly from 5G connectivity. In addition to economic benefits, 5G can also reduce climate impact, increase social inclusion, wellbeing and tackle the digital divide in areas where fixed infrastructure availability is poor.”

Analysys Mason partner Janette Stewart added: “The study highlights the benefits from having the right spectrum available for 5G deployment, both for geographic coverage, for which the low-bands are very suitable, and in the 3.5GHz band where most of the high-capacity 5G deployments in other markets are already taking place.”

Expanding on mid-band 5G coverage is a “key success factor” for emerging markets as the airwaves have the potential to deliver 80% of the earmarked economic growth. Upgrading industry and rural areas with smart technology can account for 85-90% of the total economic benefits in each emerging market.

Agriculture is a significant sector for all 15 markets as it accounts for up to 10% of GDP in some markets. The report estimates that enhanced rural 5G coverage could deliver up to a 1.8% uplift in long-term GDP from agriculture. 5G will also promote sustainable farming methods, increase efficiency and reduce agricultural waste.

Other study findings include:

  • The baseline 5G deployment cost is estimated between US$3-8 billion per country. An additional 20-35% investment is required to extend coverage
  • Extending coverage beyond the baseline can generate significant GDP benefits from industrial adoption, especially from mid-band coverage extension
  • Most countries are expected to generate overall economic benefits (GDP) three-to-seven times higher than the incremental cost of extending coverage
  • Results suggest 5G mobile broadband can generate consumer surplus between US$1-10 billion per country, with coverage extension giving 20-30% extra consumer surplus
  • The social benefits enabled by 5G will be greatest from 5G-based FWA, smart factories, freight and logistics, agriculture and healthcare use cases
  • Adopting 5G can help reduce emissions by supporting digital transformation in agriculture, freight and logistics, smart factories and construction

Governments, regulators and policymakers can support this potential growth by treating 5G as a national infrastructure and having a national strategy and roadmap, the report read.

Ericsson and Analysys Mason advised implementing 5G spectrum policies that facilitate rapid and widespread deployment such as trading off spectrum fees for deployment targets, collaborating with service providers to enhance coverage in less connected areas, and incentivising 5G use in industry and manufacturing.

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Nokia and Balitower partner to boost 5G services in Indonesia

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Nokia and Balitower partner to boost 5G services in India

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.

Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.