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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»Regional mobile money service for East Africa could launch soon
    mobile money

    Regional mobile money service for East Africa could launch soon

    1
    By Paul Adepoju on April 1, 2015 News, People, Products

    If the One Area Network Agreement (OANA) is successfully implemented, East Africans could be able to access a regional mobile money service. This was announced by Kenya’s Information, Communications and Technology Cabinet Secretary Fred Matiang’i.

    Fred said the ICT Ministers from the region are now seeking approval from all respective central banks and treasury Ministries to go on with the project.

    “Our presidents gave us a deadline and we are doing our best to have this done,” the CS said.

    The One Area Network Agreement is a commitment by regional countries to push for a reduction on international and roaming tariffs to ensure affordable communication services for ease of doing business.

    “We are now exploring how we can have the One Area Network infrastructure grow from voice to data and mobile money transfer.We want you to be able to move money from your MPESA account here to a relative in Kigali and vice versa or from Airtel Uganda to Safaricom in Nairobi,” Matiang’i said.

    The Ministries, Kenya’s Capital FM reported, will on their part focus on working on data reforms to reduce its cost in the region using the relevant authorities under them.

    The project is being implemented in three EAC countries – Kenya, Rwanda and Uganda – as well as South Sudan which is yet to formally join the community. In January, the three Heads of State agreed to kick off with the harmonisation of the roaming voice charges which will see reduction by 60 percent.

    “We are in talks with Tanzania and they have signed a commitment agreement to be involved in this,”Matiang’i said.

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