MICROSOFT AND ECOBANK have signed a memorandum of understanding (MoU) to complement African governments’ efforts to modernise and raise the standards of the continent’s major cities through state of the art digital solutions.
The MoU will see Microsoft and Ecobank collaborating in sharing best practices and technical guidance to governments and citizens. Microsoft’s solutions will be applied in education, revenue collection and issuance of vital documents, as well as a number of other sectors where they will have an immediate and significant impact for African countries, while Ecobank will facilitate the collection of revenue as well as the adoption and use of payments solutions.
“Microsoft is a globally recognized brand. We are delighted to partner with Microsoft to move faster on our digital transformation strategy- the main focus of which is to increase financial inclusion in Africa, stated Ade Ayeyemi, Ecobank Group CEO
The collaboration will focus on bursary disbursements and school fee collections in the education sector, municipality rates and fees collections, vehicle and driving licensing as well as e-visa and e-passport fee collections. The agreement will also see the implementation of a comprehensive e-skills and a digital literacy programme, with future collaborations expected in other key areas such as land registration and hospital services.
The collaboration, according to a statement from Ecobank explained, was motivated by increasing pressure on African cities due to urbanisation and the need to provide services that will ensure a healthier and safer environment, delivered in a fair, open and sustainable manner.
“At Microsoft, our aim is to help societies digitally transform, from the single consumer to entire government departments,” said Amr Kamel, General Manager, Microsoft. “Any nation properly supported by technology can transform into an intelligent ecosystem, capable of engaging with its citizens, empowering employees and optimizing operations to vastly improve lives.”