Ericsson will be demonstrating the transformation that information and communications technology (ICT) and a truly Networked Society can deliver in building smart cities and a cashless society in Rwanda, particularly in the financial and transport sectors at the Transform Africa conference in Kigali, Rwanda from October 19 to 21- 2015.
The conference, hosted by Rwandan President, His Excellency Paul Kagame, brings the continent’s top political and business leaders together to shape Africa’s digital transformation agenda.Ericsson will demonstrate the Ericsson M-Commerce Interconnect and its solutions for intelligent transport, amongst others.
These solutions leverage on the memorandum of understanding (MOU) with the Government of Rwanda announced at Mobile World Congress 2015 to demonstrate Ericsson’s technology leadership and experience in delivering meaningful and tailored solutions to reach set objectives
The Ericsson M-Commerce Interconnect provides the total interconnection solution required to bring together all the players in the financial services area, and allow money to flow between them seamlessly, taking cash out of the system.
This system has the capacity to connect the formal financial sector with the semi-formal and informal. Particularly, the inclusion of Savings Co-operatives and Micro-finance players in the eco-system will allow more people to participate in main stream financial services, thus increasing financial inclusion. Ericsson will showcase the M-Commerce Interconnect Switch, in partnership with MNOs, service providers and banks
Ericsson will also be demonstrating the efficiency of its solutions for intelligent transport. The system will help governments to better manage revenue collection in the public transportation system and create efficiency in the utilization of the existing public transport capacity.The key components of the solution are automated fare collection system, fleet management solution and passenger information system.
Fredrik Jejdling, Ericsson President for sub-Saharan Africa says: “ICT is creating a vast amount of new opportunities for people, business and society. At Ericsson we use our ICT expertise to provide innovative solutions and services across a variety of industries that play a key role in enabling digital transformation in Africa.
“We are especially excited about the impending industry transformation in Rwanda. Seeing first hand that it can be done here in our region is a powerful message for the rest of Africa and we are proud to be at this conference to bring this message forward.”
In addition to Ericsson M-Commerce Interconnect and the solutions for intelligent transport, Ericsson will also demonstrate smart utilities solutions.
Nigerian startups raised $17.6m in Q1 2019, 8.5% higher than they did in Q1 2018. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.