Intelligent CIO Africa Issue 53 | Page 9

NEWS

Ukheshe Technologies embarks on global expansion

Malawi , Botswana , Angola , Tanzania , Rwanda , Burundi , Democratic Republic of Congo , Mozambique and Ghana .
In addition to collaborating with numerous blue-chip banks , telcos and FinTechs , Ukheshe has built strong alliances with Mastercard while acquiring two companies and raising just under R100m within a twoyear period .

South Africa-based digital FinTech enablement provider , Ukheshe Technologies has confirmed it is expanding its operations internationally .

Having established itself as a formidable payment technology specialist within the
B2B sector , the company has set its sights on the Middle East , Europe and Asia Pacific . According to the company , the move comes on the back of several successful high-profile projects and partnerships in various African countries including Kenya , Zimbabwe , Zambia , Namibia , Nigeria ,
Clayton Hayward , CEO , Ukheshe , said : “ We will continue to look for potential acquisitions in these new markets to further support Ukheshe ’ s growth and strategy as we pursue our goal of reaching unicorn status within the next three years . Ukheshe is excited to be at the forefront of the rapid shift towards innovative digital-first solutions , especially in markets that are ripe for disruption .”
Ukheshe recently concluded an agreement with the Kenya-based lender KCB Bank Kenya which saw KCB sponsor Ukheshe ’ s Bank Identification Number ( BIN ).

Audiomack partners with MTN Nigeria to bring music streaming to 76 million subscribers

Audiomack has partnered with MTN Nigeria to unveil the Audiomack and MTN Data Bundle programme , which offers MTN subscribers tailored data bundles for streaming unlimited music and accessing content on Audiomack free of data charges .

The partnership will see MTN subscribers gain free access to Audiomack ’ s streaming service via their mobile devices on weekly and monthly subscriptions . The weekly plan offers 1.2GB + Free Audiomack at N270 ( US $ 0.70 ) while the monthly plan offers 2.5GB + Free Audiomack at N550 ( US $ 1.45 ).
Dave Macli , CEO and Co-Founder , Audiomack Africa said : “ At Audiomack , we recognise the importance of access to quality music and this coupled with Nigeria ’ s vibrant music industry has influenced this partnership . The relationship not only allows us to create shared value for MTN subscribers by delivering the best musical experiences but also enables us to further connect with the Nigerian music fans .”
Charlotte Bwana , Head , Business Development and Media Partnerships , Audiomack Africa , said the partnership is a reinforcement of Audiomack ’ s commitment towards democratising music streaming , a mission from which MTN subscribers will greatly benefit from . “ High data costs are one of the barriers to music streaming and we are glad to be partnering with Africa ’ s leading telecommunications company to provide the Audiomack + Data Bundle ,” Bwana .
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