Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Cloud

M-Pesa Africa invests $2M in Shared Service Operations Centre

Article Image
M-Pesa Africa has launched a Shared Service Operations Centre (SSOC) in Nairobi, Kenya to support operations in Kenya and five other African markets.

The M-Pesa SSOC will oversee service operations and technical support including incident monitoring and resolution, managing platform changes and upgrades, deployment of new features and capacity management, and coordination with technical vendors.

"For 16 years, M-Pesa has been at the core of our purpose to transform lives by using technology to connect customers to different opportunities. The M-Pesa Africa Shared Service Operations Centre builds on our purpose by enabling us to deliver a higher service quality and increased platform reliability as we expand to more markets and add more products to the platform," said Peter Ndegwa, CEO of Safaricom.

The M-Pesa SSOC will support M-Pesa operations in Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho and Ghana as well as additional markets the service expands to in the future.

M-Pesa platform operations in the five markets were previously being handled across several points in Africa and Europe and the SSOC brings the entire platform in-house to a single point in Kenya for the first time.

"Financial services remain a priority for us as we drive financial and digital inclusion on the continent. The launch of this Operations Centre is an important milestone and testament to our commitment to continue delivering innovative and cost-effective personal finance and business solutions that were previously difficult and cumbersome to acquire, further supporting us in connecting the next 100 million African customers," added Vodacom Group CEO Shameel Joosub.

Major investment

M-Pesa Africa has invested more than US$2 million into the SSOC, which forms part of the company's transition to a digital cloud-based platform.

The new M-Pesa platform is designed to be scalable and offer the entire range of products and services across all markets, support integration of new products and services as well as leveraging emerging technologies in areas such as Big Data and artificial intelligence (AI).

M-Pesa Africa's Operations Program Manager, Jonathan Barnicoat, gives a tour of the SSOC to Safaricom CEO Peter Ndegwa; Vodacom Group CTO Dejan Kastelic; M-Pesa Africa MD Sitoyo Lopokoiyit; Safaricom Chief Financial Director Esther Waititu; and Safaricom CTIO Morten Bangsgaard. (Source: M-Pesa Africa).
M-Pesa Africa's Operations Program Manager, Jonathan Barnicoat, gives a tour of the SSOC to Safaricom CEO Peter Ndegwa; Vodacom Group CTO Dejan Kastelic; M-Pesa Africa MD Sitoyo Lopokoiyit; Safaricom Chief Financial Director Esther Waititu; and Safaricom CTIO Morten Bangsgaard. (Source: M-Pesa Africa).

M-Pesa' Africa MD Sitoyo Lopokoiyit said that the SSOC will provide 24/7 monitoring and support to operations and services across different markets.

"The Shared Service Operations Centre strengthens our position as Africa's largest fintech and digital ecosystem, bringing us closer to our vision of one M-Pesa, providing one platform and unified operations across all our markets. It will enable us to deliver increased reliability, a more robust platform, faster upgrade and change management as we transition to a fully digital ecosystem connecting customers and businesses across the continent," Lopokoiyit added.

M-Pesa continues to be Safaricom's most profitable service, contributing almost 50% of the Kenyan operator's overall profit before tax for the year ended March 31, 2022, and around 38% of its service revenue.

In April 2020, Vodacom and Safaricom officially acquired the M-Pesa brand via a joint venture. At the time the companies said that it would give them full control of the M-Pesa brand, product development and support services as well as the opportunity to expand M-Pesa into new African markets.

By the third quarter of 2021, M-Pesa had reached a major milestone of 50 million monthly active customers.

Related posts:

*Top image is of Vodacom Group CTO Dejan Kastelic; Safaricom CEO Peter Ndegwa; and M-Pesa Africa MD Sitoyo Lopokoiyit – along with other team members - cutting a ceremonial cake during the launch of the M-Pesa Africa Shared Service Operations Centre (SSOC) in Nairobi, Kenya. (Source: M-Pesa Africa).

— Paula Gilbert, Editor, Connecting Africa

Innovation hub

Story

MTN tackles SA power woes with wind & solar hybrid project

MTN South Africa has launched an integrated wind and solar renewable energy generation project as part of its Net Zero efforts.

Video

Interview: Qualcomm execs on mentorship for African startups

Qualcomm Technology VP for Engineering, Sudeepto Roy, and Elizabeth Migwalla, VP for Government Affairs, join Connecting Africa for a video interview about Qualcomm's Make in Africa Mentorship Program.

More Innovation hub

Latest video

More videos

Sponsored video

More videos

Industry announcements

More Industry announcements

Flash poll

All polls

Africa Tech Perspectives

Story

Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

Story

Challenges and opportunities for women's tech careers

A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.

Story

Survey: Opportunities for Women in Tech

Take our new survey for women across Asia, Europe and Africa looking at the biggest challenges and opportunities for women-led enterprises and trends in tech careers for women.

More AfricaCom perspectives

Upcoming events

London Tech Week
June 13-16, 2023
Queen Elizabeth II Centre, Broad Sanctuary, London SW1P 3EE
Cybertech Africa 2023
August 1-2, 2023
Kigali Convention Center, Kigali, Rwanda
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023
CTICC, Cape Town
More Upcoming events

Guest Perspectives

Story

Omdia View: February 2023

By Omdia Analysts

In February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.

Story

Omdia View: July 2022

By Omdia Analysts

Kenya and Zambia move towards 5G with new spectrum allocations while Tunisie Telecom plans to shut down its 3G network - that and more in this month's Omdia View.

More Guest Perspectives

Partner perspectives

All Partner Perspectives

Like us on Facebook

Newsletter Sign Up


Sign Up