--- title: Wakandi updates | IFGs description: IFGs | Our vision is to be the global leader in creating equal financial opportunities. Follow us on our journey. --- Blog # Latest from Wakandi We are here with a clear purpose: be the global leader in creating equal financial opportunities. Follow us on our journey [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [Digital](https://blog.wakandi.com/tag/digital?hsLang=en) ##### [Why SACCOS in Kenya should focus on employment and digital skills?](https://blog.wakandi.com/blog/why-saccos-in-kenya-should-focus-on-employment-and-digital-skills?hsLang=en) Savings and Credit Cooperative Societies (SACCOS) have remained at the forefront of mobilizing savings for millions in Kenya. They have resulted in a huge impact on financial inclusion in Kenya,... Nov 3, 2021 9:50:05 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [COVID19](https://blog.wakandi.com/tag/covid19?hsLang=en) ##### [How technology can help SACCOS in post-pandemic recovery](https://blog.wakandi.com/blog/how-technology-can-help-saccos-in-post-pandemic-recovery?hsLang=en) We all know how the COVID-19 pandemic impacted the informal financial groups (IFGs). Mobility was restricted and social gatherings were prohibited. Many IFGs in Africa remained uncertain about... Oct 6, 2021 5:09:28 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs) ##### [Wakandi showcases the digital solution at an event in Tanzania](https://blog.wakandi.com/blog/wakandi-showcases-cams-at-an-event-in-tanzania?hsLang=en) On the 11th of September, Wakandi Tanzania organized an event where we showcased our digital solution to various representatives of 11 SACCOs in Tanzania. We also invited Ushirika as a guest at the... Sep 23, 2021 7:51:15 AM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [South Africa](https://blog.wakandi.com/tag/south-africa?hsLang=en), [stokvels](https://blog.wakandi.com/tag/stokvels?hsLang=en) ##### [How Stokvels impact people’s lives in South Africa](https://blog.wakandi.com/blog/how-stokvels-impact-peoples-lives-in-south-africa?hsLang=en) Saving money through Stokvels has been extremely popular in South Africa. People have widely adopted this traditional way of saving money for personal and business purposes. It is estimated that... Jul 28, 2021 4:07:08 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en) ##### [How fintech is eradicating poverty in Africa](https://blog.wakandi.com/blog/how-fintech-is-eradicating-poverty-in-africa?hsLang=en) While the global poverty rate is decreasing, the gap between developed and developing countries is widening. According to the United Nations Development Programme, 10% of the world’s population lives... Jun 4, 2021 2:59:49 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Wakandi and PesaChama to boost innovation for savings groups in Kenya](https://blog.wakandi.com/blog/wakandi-and-pesachama-to-boost-innovation-for-savings-groups-in-kenya?hsLang=en) In this fast-moving world, technology is constantly transforming how people live and transact. Wakandi is excited to bring financial innovation to many developing countries in Africa. May 19, 2021 3:33:21 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [SocialImpact](https://blog.wakandi.com/tag/socialimpact?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [partner-bank](https://blog.wakandi.com/tag/partner-bank?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en) ##### [Collaboration and Innovation – building Africa’s fintech landscape](https://blog.wakandi.com/blog/collaboration-and-innovation-building-africas-fintech-landscape?hsLang=en) The impact of financial technology (fintech) in Africa has been substantial. Fintech, especially mobile money, has emerged as a worthy adversary to traditional finance. It has created an open... May 7, 2021 4:51:45 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [Helvetas](https://blog.wakandi.com/tag/helvetas?hsLang=en) ##### [Wakandi joins hands with Helvetas Tanzania to accelerate change!](https://blog.wakandi.com/blog/wakandi-joins-hands-with-helvetas-tanzania-to-accelerate-change?hsLang=en) Wakandi is delighted to have the opportunity to sign an MoU with Helvetas Swiss Intercooperation Tanzania to provide our solution to various SACCOs in the region. Together with Halvetas, we will... Apr 30, 2021 1:55:32 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [Digital Transformation in Tanzania](https://blog.wakandi.com/tag/digital-transformation-in-tanzania?hsLang=en) ##### [How automation can play a critical role for SACCOs](https://blog.wakandi.com/blog/how-automation-can-play-a-critical-role-for-saccos?hsLang=en) SACCOs are considered a reliable tool to accomplish social and financial needs in many parts of Africa. Apr 9, 2021 3:26:49 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [partner-bank](https://blog.wakandi.com/tag/partner-bank?hsLang=en), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en) ##### [Why is it important for banks to connect with the informal sector?](https://blog.wakandi.com/blog/why-is-it-important-for-banks-to-connect-with-the-informal-sector?hsLang=en) Access to banking services in Africa has improved significantly over the years. Digital transformation of financial services has enabled banks to reach wider audiences in many countries. People can... Mar 24, 2021 5:08:17 PM [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs), [partner-mno](https://blog.wakandi.com/tag/partner-mno?hsLang=en), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en), [Digital Transformation in Tanzania](https://blog.wakandi.com/tag/digital-transformation-in-tanzania?hsLang=en) ##### [Mobile enabling digital transformation in Tanzania](https://blog.wakandi.com/blog/mobile-enabling-digital-transformation-in-tanzania?hsLang=en) Tanzania is witnessing a digital transformation. More people now connect to digital services in various sectors, including healthcare, finance, commerce, education, etc. The digital transformation in... Mar 10, 2021 5:16:08 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [MobileMoney](https://blog.wakandi.com/tag/mobilemoney?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs) ##### [Importance of mobile money for SACCOs in Tanzania](https://blog.wakandi.com/blog/importance-of-mobile-money-for-saccos-in-tanzania?hsLang=en) Sending and receiving money through mobile devices started in Tanzania back in 2008. Tanzania was one of Africa’s first countries (with Kenya) to launch mobile money services in Africa. With six... Feb 26, 2021 4:22:43 PM