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Digital and Financial Expo: Digital Impact Awards Africa

Digital Financial Services will drive 90% Business Success in Africa; 4th Digital Impact Awards Africa Nominees Released

Based on Digital Impact Awards Africa (DIAA) research covering the digitalization of Africa and Financial Inclusion during the last 4 years, we predict that by 2025, embracing Digital Financial Services will drive 90% business success in Africa. Additionally, successful Sub Saharan African companies will only be those with good web presence bundled with vibrant properties on social media platforms such as Facebook, Twitter, and YouTube.

In monetary terms, the mobile ecosystem is projected to contribute USD160 billion to the GDP of Sub-Saharan Africa by 2020 (GSMA 2015). McKinsey & Company report that the internet will contribute USD300 billion to Africa’s GDP by 2025.

Countries including Kenya, Uganda, Rwanda, Nigeria, Ghana, Ivory Coast and South Africa are not only among the fast-growing economies on the continent but also the pillars of innovation and high-tech entrepreneurship leading the development of the digital economy in Africa.

The digital driven financial evolution has brought about different tools to improve financial inclusion and change business models and payment models for different industries.  While releasing the 4th Digital Impact Awards Africa nominees’ list, HiPipo CEO, Innocent Kawooya noted that “In order to maximize the digital dividend and minimize digitization risks, we recommend a bigger push for, regulatory adherence for SIM registration, Know Your Customer (KYC), Anti Money Laundering, Credit Reference Bureaus among others”.

Adding that “We are at early stages of crossroads of Fintech, Regtech, and Financial Inclusion. We believe that the stakeholders have to embrace the opportunity and challenges presented by digital technology and regulations in order to effectively and collectively drive the financial inclusion agenda.”

“While RegTech is thought of as a sub domain of FinTech, the much-publicised $5.2bn fine (later reduced) levied against MTN Nigeria by the Nigerian Communications Commission for flouting SIM card registration regulations reminded the continent that regulation technology is very vital and will continue to be a very important player of effective and sustainable digital and financial inclusion” Kawooya noted.

The Central Bank of Uganda (BoU) has shown commitment of government to prioritize the financial inclusion agenda. For instance, implementation of the National Financial Inclusion Strategy seeks to address five major drivers of financial inclusion; accessibility of financial services, credit infrastructure, digitisation of financial services, appropriate and innovative financial products and consumer financial protection.

Elsewhere, like in the United Kingdom, which would seemingly be a financially connected world, where people can send money to one another via smartphones, it’s pretty hard to believe that financial exclusion is still a reality there and has promoted the UK government to appoint the first Minister For Financial Inclusion.

Commenting about the Digital Impact Award Africa 2017, the project patron Hon. Karubanga David (State Minister for Public Service and Member of Parliament for Kigorobya) noted that “Promoting financial inclusion is a key part of the NRM Government’s agenda as this further stimulates wealthy creation. He added that Government through its different arms and departments is promoting policies for tackling poverty, improving digital access for services, protecting consumers and promoting employment and economic growth to benefit all Ugandans”.

Started in 2013 by HiPipo and developed under the patronage of Hon. Karubanga David, the 4th Digital and Financial Expo (#DiFiExpo) featuring Digital Impact Awards Africa (#DIAA2017), is scheduled for 21-22 September 2017 at Kampala Serena Hotel.   The project includes an exhibition of innovations for products and services in the digital and financial services space and their application to the different economic sectors and industries such as agriculture, health, education, travel, hospitality, tourism, manufacturing, utility services etc.

The project; expo, conference and awards event is graced by different thought leaders that comprise C-Level executives, entrepreneurs, innovators, academic, consultants and policy makers. In 2016, DIAA recognized and appreciated the founders and pioneers of M-PESA who graced the #DIAA2016 event with delivering keynote remarks.  These are; Mr. Michael Joseph, Director Mobile Money at Vodafone and previously, the CEO of Safaricom Limited, Dr. Nick Hughes Co-Founder M-KOPA- Pioneer of M-PESA and Ms. Susie Lonie– Pioneer of M-PESA.

DIAA2017 conducted research in which 288 companies operating in Africa were assessed for their digital embrace and innovation. DIAA2017 has 9 awards categories that are eligible for companies operating across Africa. For these categories, several companies that have had highly commendable contribution to Africa digital and financial inclusion through innovations have been nominated following DIAA research panel assessment and recommendations. The nominees have been at the forefront of innovation and applying best practice to steer digital inclusion and financial inclusion.

Congratulation to all the DIAA2017 nominees.  We look forward to have all the nominees and other players products and services exhibited during the project; expo, conference and awards event on 21-22 September 2017 at Kampala Serena Hotel. Contact DIAA team for booking at (socialweb@hipipo.com). Below are the #DIAA2017 nominees:

AFRICA

Best Mobile Financial Service for Africa

Africell Money

Airtel Money

EcoCash

Equity Bank – Equitel

MTN Mobile Money

Orange Money

Safaricom/Vodafone M-Pesa

Tigo Cash

Best Digital Financial Service Platform for Africa

Ericsson Converged Wallet

Huawei Mobile Money

Mahindra Comviva Mobiquity

OboPay

   Best Remittances Service for Africa

Azimo

Hello Paisa

MFS Africa

Money Gram

SimbaPay

UBA Africash

Western Union

WorldRemit

Best Pay TV/VOD Service for Africa

Azam TV

Canal+

DSTV/GoTV

Iroko TV

Kwese TV

Nuvu by Airtel

Showmax

StarTimes

Trace Play

Zuku TV

   Best Smartphone Brand for Africa

Huawei

Itel

Samsung

Tecno

 Best Mobile App for Africa (New/Redesigned)

Airtel Care App

MY MTN App

My Vodacom App

Sliide Airtime

Standard Bank / Stanbic Bank

Standard Chartered Bank

Best Corporate Website for Africa (New/Redesigned)

Barclays (Absa Bank)

Safaricom

Stanbic Bank

Standard Chartered Bank

Vodacom

Best Fintech Innovation for Africa

Lipa na M-Pesa

M-KOPA

M-Shwari

MTN AYO

Ready Pay Solar

Commended RegTech Innovation (TBD)

Uganda

Best Financial Inclusion Product/Service

Airtel/JUMO Wewole

Centenary Bank, Cente Supawoman Club

MTN/CBA MoKash

Post Bank Village Saving Loan Association (VSLA) Account

Stanbic Bank Community Banking

Pride Microfinance Community Banking

Best Promoter of Financial Literacy

Centenary Bank: CenteBusinessLife

FINCA Smart Campaign: Financial Literacy Camps

KCB Financial Literacy Training

NSSF: Friends With Benefits TV Show

Stanbic National Schools Championship

  Best Online Banking

Barclays Bank

DFCU Bank

Equity Bank

KCB Bank

Stanbic Bank

Standard Chartered Bank

Best Mobile Banking

Bank of Africa

Barclays Bank

Centenary Bank

DFCU Bank

Diamond Trust Bank

Equity Bank

Pride Microfinance

Stanbic Bank

Standard Chartered Bank

Best B2B Payments/Transfers Integrator

Cellulant Corporation

Easypay

Intelworld

InterSwitch

Kopo Kopo

Pegasus Technologies

Yo Dime

Yo Uganda

  Best Consumer Payments Service

Beyonic

Ezeemoney

Interswitch

Payway

Pebuu

Stanbic Bank – FlexiPay

Centenary Bank – School Pay

Best Digital Embrace by Bank/Credit/Microfinance Institution

FINCA Impact Finance

Mercantile Credit

Pride Microfinance

Top Finance Bank

UGAFODE Microfinance

Best E-Service

KCCA (Ecitie)

NSSF (e-Collections)

NWSC (e-Water)

Umeme (Touch Pay)

URA (E-Tax)

Best Government Body on Social Media

KCCA

NSSF

NWSC

Parliament

URA

Uganda Police Force

Best Technology Brand on Social Media

Africell Uganda

Airtel Uganda

DSTV/GoTV

Huawei Mobile

MTN Uganda

Best Financial Services Brand on Social Media

Bank of Africa

Barclays Bank

Centenary Bank

DFCU Bank

Finance Trust Bank

Stanbic Bank

 Best Consumer Goods Brand on Social Media

Bell Lager

Club Pilsner

Coca Cola

Movit

Pepsi

Riham

Best Industrial Goods Brand on Social Media

City Tyres

Oryx Energies

Total Uganda

UMEME

Vivo Energy

Best Digital Customer Service by Technology Brand

Africell

Airtel

DSTV/GOtv

MTN

Best Digital Customer Service by Financial Services Brand

Barclays Bank

Centenary Bank

Stanbic Bank

Standard Chartered Bank

Best Digital Customer Service by Utilities or Government Agency Brand

NSSF

NWSC

Umeme

Best Use of Digital for Brand/Product/Service Marketing Campaign

Africell ‘Don’t be Cheated’

Crown Beverages – Sala Puleesa

MTN MoKash

UBL – Tubbaale

NWSC (#Waterman #TweetaleakUg)

Best Use of Digital for Event/Sponsorship/CSR Marketing Campaign

Africell: Morgan Heritage Kampala Concert

Airtel “Tulumbe AFCON”

Barclays Bank “Ready to Work”

Coke Studio Africa

MTN Kampala Marathon “Run for Kampala”

Vodafone #ICreateTomorrow

Wrist House Uganda Invisible Chain #endchildtraffickingug

Best E-Commerce Service

Cheki

Jumia

OLX

Kilimall

Commended Cybersecurity Practice

NSSF

Standard Chartered Bank

URA

Commended Connectivity Initiative

#MYUG Free Wi-Fi

Africell Triple Mbs

Airtel Xtra Massape

MTN JUZZA Internet

RokeSpot Wi-Fi

Vodafone “Shika More”

Commended Digital Content/Apps Initiative

Airtel Football Portal

MixaKids

MTN App Challenge

MyChild Portal

Softbox – MyLIB

Vodafone – JUMP

Digital Brand of the Year

Airtel Uganda

Centenary Bank

DSTV

MTN Uganda

Stanbic Bank

Standard Charted Bank

Commended use of Digital in Sector (Uganda)

Commended use of Digital in Travel Sector

Brussels Airlines

Emirates Airlines

Ethiopian Airlines

Kenya Airlines

Modern Coast

Rwanda Air

Commended use of Digital in Consumer Goods Sector

La Belle

Madhvani Group

Movit Products

Mukwano Industries

Sadolin Paints

Samona Products

Unilever

Commended use of Digital in Foods & Beverage Sector

Britania Uganda

Café Javas

Century Bottling Company

Crown Beverages

Hariss International

Nile Breweries

UBL

Commended use of Digital in Energy Sector

CNOOC Uganda

Eskom Uganda

Total Uganda

Tullow Uganda

Vivo Energy Uganda

Commended use of Digital in Agriculture & Agro Processing Sector

Jesa Farm Dairy

Mega Dairy

Pearl Diary Farms

UgaChick

Victoria Seeds

  Commended use of Digital in Insurance Sector

AAR Insurance

Goldstar Insurance

Jubilee Insurance

NIC Holdings

UAP Insurance

Commended use of Digital in Healthcare Sector

Andromeda Solutions

Case Hospital

Pan Dental Surgery

The Surgery

Vine Pharmaceuticals

 Commended use of Digital in Real Estate Sector

Jomayi

National Housing & Construction Company

Roko Construction

Tirupati Development

Commended use of Digital in Retail & Distribution Sector

Footsteps Furniture

Kiboko Enterprises

Motorcare Nissan

Nina Interiors Limited

Simba Telecom

Tata Uganda

Commended use of Digital in Education Sector

Cavendish University

ISBAT

Makerere University

Rainbow International School

UTAMU

Victoria University

Commended use of Digital in Tourism Sector

Afri Tours & Travel

Great Lakes Safari

Matoke Tours

Pearl of Africa Tours

PearlAfric Tours & Travel

#DiFiExpo #DIAA2017 is a production of HiPipo

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