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Microsoft partners with World Council of Credit Unions to fast-track innovation in financial services


Microsoft East Africa, through the support of its 4Afrika initiative, has signed a Memorandum of Understanding (MoU) with World Council of Credit Unions (WOCCU) to help accelerate digital transformation within the Savings and Credit Cooperative Organisation (SACCO) sector.
SACCOs play a key role in Kenya’s economic strategy, bolstering income-generating opportunities and more recently contributing to around 5.7 percent of the country’s GDP. According to the Sacco Societies Regulatory Authority (SASRA), they form an important part of the deposit taking and lending market in Kenya, providing financial services to around six million households across the country.
“The AppFactory will turn young people into highly competent, in-demand ICT professionals. Local companies, including ourselves, need more of this talent, especially in an increasingly digital world,” says Tim Hobbs, Director and CEO of Mawingu Networks. ....

Tim Hobbs , Bob Koigi , Megan Odonnell , Amrote Abdella , Mawingu Networks , World Council Of Credit Unions , Credit Cooperative Organisation , Sacco Societies Regulatory Authority , Technology For Innovation , World Council , East Africa , Cooperative Organisation , Regional Director , Financial Inclusion Project , Scoop Kenya , Megano Donnell , Vice President , நேரம் ஹாப்ஸ் , மேகன் ஓடொன்னேழில் , உலகம் சபை ஆஃப் கடன் தொழிற்சங்கங்கள் , கடன் கூட்டுறவு ஆர்கநைஸேஶந் , ஸ்யாகொ சமூகங்கள் ஒழுங்குமுறை அதிகாரம் , தொழில்நுட்பம் க்கு கண்டுபிடிப்பு , உலகம் சபை , கூட்டுறவு ஆர்கநைஸேஶந் , பிராந்திய இயக்குனர் ,

Microsoft Joins with World Council to Fast-track Innovation in Financial Services


Parties will work to establish a framework for the digital transformation of SACCOs in Kenya
April 28, 2021
NAIROBI Microsoft East Africa, through the support of its 4Afrika initiative, has signed a Memorandum of Understanding (MoU) with World Council of Credit Unions (WOCCU) to help accelerate digital transformation within the Savings and Credit Cooperative (SACCO) sector.
SACCOs play a key role in Kenya’s economic strategy, bolstering income-generating opportunities and more recently contributing to around 5.7 percent of the country’s GDP. According to the Sacco Societies Regulatory Authority (SASRA), they form an important part of the deposit taking and lending market in Kenya, providing financial services to around six million households across the country.   ....

Megan Odonnell , Amrote Abdella , Credit Cooperative , World Council Of Credit Unions , Afrika Initiative Is Microsoft , Sacco Societies Regulatory Authority , Technology For Innovation , Microsoft East Africa , World Council , Regional Director , Financial Inclusion Project , Scoop Kenya , Megano Donnell , மேகன் ஓடொன்னேழில் , கடன் கூட்டுறவு , உலகம் சபை ஆஃப் கடன் தொழிற்சங்கங்கள் , ஸ்யாகொ சமூகங்கள் ஒழுங்குமுறை அதிகாரம் , தொழில்நுட்பம் க்கு கண்டுபிடிப்பு , உலகம் சபை , பிராந்திய இயக்குனர் , நிதி சேர்த்தல் ப்ராஜெக்ட் ,