Telco MTN Nigeria has launched a program to help startups and small businesses struggling to survive due to the coronavirus pandemic.
The Revv Programme offers startups and small businesses classes in digital literacy, business management and more.
Digital transformation: MTN's Revv Programme will help startups and small companies through education and access to experts. (Source: NESA by Makers on Unsplash)
Nine sessions will be given by MTN executives and industry experts, over a six-month period.
During the cycle, 200 will be selected to continue on to the Y'ello accelerator.
These top-performing SMEs will be given exclusive access to a broad range of technology and productivity tools and services free for six months.
The scheme is focusing on reigniting the economy, and driving digital inclusion through education and mentorship for the companies that need it most.
Participants will also benefit from an advisory service and special offers, advice and access to tools and business resources, and help on working remotely.
They'll gain access to new markets through MTN's online channels and marketing support.
"As stakeholders in the public and private sector it is our collective responsibility to implement the digital economy initiative of the government," said Dr. Isa Patanmi, minister of communications and digital economy, according to The Sun.
Safaricom is launching an M-Pesa 'super-app' which will let SMEs create their own business apps within the mobile money ecosystem, according to CIO, George Njuguna, who was speaking at East Africa Com.
Africa was the birthplace of Mobile Money and while it continues to rise in popularity, the industry is quickly evolving and launching more mobile-based financial services every day. In this Connecting Africa online event, local analysts and industry stakeholders will discuss how telcos are disrupting the financial services space and what the rise of Mobile Money 2.0 will look like for Africa.
From cash to mobile: heading towards a cashless society
Expanding MFS offerings beyond mobile money transfers
MNOs vs banks vs fintechs: an evolving competitive landscape
Unconnected and unbanked: fintech to improve financial inclusion
The rise of micro-loans and insurance through mobile platforms
Africa has the fastest growing population in the world and also the youngest, with 60% of Africans under the age of 25. It is clear that the next billion connected are going to be the mobile-only generation. This digital symposium will bring industry experts together to discuss Africa’s digital divide and how to get devices into the hands of young Africans and empower them to join the digital revolution.
Who’s Driving? The role of government & regulator, private tech companies, and public-private partnerships
Device affordability: are we reaching a tipping point?
Status check: Satellite vs Fiber and the enduring infrastructure gap
Exploring the wider societal and economic benefits of a connected, digitally literate continent