Mzuzu E-Hub engages Mzimba youths on financial technology

Mzuzu E-Hub engages Mzimba youths on financial technology

Mzuzu Entrepreneur Hub on Monday engaged young persons in Mzimba under Ekwaiweni Tafika Youth Organisation, in a bid to equip them with financial technology knowledge.

The programme, which is under ‘Digital Skills for All’ project, was meant to enlighten youths in the area on the processes to be followed when one wants to start mobile money transfer business with Airtel Money and TNM Mpamba, the advantages of using mobile money and its safety.

Mzuzu E-Hub team, led by Hamida Denis and Vincent Chikwembeya, also furnished the youths with tips so that they should not fall into the trap of fraudsters, who have been using tricks to steal money from innocent Malawians from their mobile money wallets through fraudulent means.

One of the members of Ekwaiweni Tafika Youth Organisation, Mary Moyo, described the engagement as an eye-opener, saying despite having little knowledge about mobile money transfers; she had no idea on what to do to become a mobile money transfer agent.

“The number of mobile money agents around our area is on the lower side. This information session has me thinking of venturing into this business so that people do not have to rely on the few mobile money agents that are available. I will be able to also share this information with my fellow village bank members who do not understand the concept of mobile money transfer,” said Moyo.

We conducted a similar training with Chigwere Youth Club and Afikepo Girls Club in Mpamba, Nkhatabay where most of the young girls in attendance showed interest in enquiring more on how mobile money transfers work.

These financial technology information sessions are fully sponsored by World Bank through the Malawi Government under the Public Private Partnership Commission’s Digital Malawi project.

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