New partnership with Zamani Telecom, for the distribution of digital financial services in Niger
On June 30, 2022, UNCDF signed an agreement with Zamani Telecom SA. This partnership will allow the operator to multiply its points of sale in order to make Digital Financial Services (DFS) accessible to 100,000 Nigeriens.
Vast territory with an area of 1,266,491 km², the coverage of GSM networks in Niger is concentrated in urban areas. As a result, the use of mobile financial services is unevenly distributed across the country. However, in the unserved localities, the populations wish the development of these inexpensive, secure local services which require less contact.
On this occasion, Alassane Diene, CEO of Zamani Telecom, explained: “Zamani Telecom wants to be a responsible corporate citizen at the service of the entire community. This is why we are constantly looking for solutions likely to facilitate the lives and professional activities of our fellow citizens in order to contribute to the development of society”. UNCDF’s action also aims to contribute to Niger’s economic recovery, especially when the country’s economic growth fell from 3.4% in 2020 to 1.3% in 2021. This new partnership with Zamani Telecom is part of the program “Leveraging digital finance to increase resilience in African, Caribbean and Pacific (ACP) countries” also called DFS4Resilience.
Niger is the first West African country to benefit from the DFS4Resilience program, which is funded by the European Union and the Organization of African, Caribbean and Pacific States (OACPS).