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Wakandi Group and NINAYO Inc. have signed a Memorandum of Understanding under which both companies joined forces to explore newer opportunities together. The objective of this MoU is to promote collaboration between both companies so they can align their strategies, share technological capabilities, and market experience to thrive in this dynamic environment. 

Wakandi has been exploring the financial sector and opportunities in Tanzania for quite some time and working towards various strategic partnerships. Both companies are working in B2B and B2C finance sectors to build highly innovative solutions for making everyday life better for the average Tanzanian.

This MoU was signed by Espen Moen Kvelland, the CEO at Wakandi Group (right), and Jack Langworthy, the CEO at NINAYO Inc (left).

About NINAYO Inc.

NINAYO Inc. is an online trading platform for the agricultural sector in Tanzania, East Africa. Launched by Jack Langworthy in the year 2015, the company aims to bridge the gap between buyers and sellers by solving problems of supply and demand visibility through technology. 

About Wakandi Group 

Wakandi Group AS is a Norwegian company founded in 2018 with an aim to improve the way money is handled in Africa. Wakandi offers a DLT-based financial infrastructure to bring better security and more transparency in finance and support the development of new and innovative financial services.