--- title: Wakandi updates | SACCOs (4) description: SACCOs | Our vision is to be the global leader in creating equal financial opportunities. Follow us on our journey. (4) --- 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 [Newsroom](https://blog.wakandi.com/tag/newsroom?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), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [SocialImpact](https://blog.wakandi.com/tag/socialimpact?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Enabling digitization of the informal sector with CAMS](https://blog.wakandi.com/blog/enabling-digitization-of-the-informal-sector-with-cams?hsLang=en) SACCOS have been serving the informal sector in Kenya for decades. They have continued following traditional methods to offer their services. Trust and social interaction remain important aspects... Aug 25, 2021 3:57:55 PM [Insights](https://blog.wakandi.com/tag/insights?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), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [How digital platforms can transform SACCOs in Kenya](https://blog.wakandi.com/blog/how-digital-platforms-can-transform-saccos-in-kenya?hsLang=en) The financial sector across Africa is witnessing a digital transformation. Equity Bank Kenya Limited reported a rise of 38% in merchant banking digital payments. Beyond commercial banking, mobile... Aug 18, 2021 5:13:05 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?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), [COVID19](https://blog.wakandi.com/tag/covid19?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Why should SACCOS in Kenya be digitized?](https://blog.wakandi.com/blog/why-should-saccos-in-kenya-be-digitized?hsLang=en) SACCOS have been a symbol of trust and reliability when it comes to financial services for many millions in Africa. The growth of SACCOS in Kenya has been significant as they have witnessed a steady... Aug 11, 2021 4:13:46 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Microfinance](https://blog.wakandi.com/tag/microfinance?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en) ##### [The importance of SACCOs in the Kenyan economy](https://blog.wakandi.com/blog/the-importance-of-saccos-in-the-kenyan-economy?hsLang=en) Like other African countries, Kenya has witnessed significant improvements in how people manage their savings and loans. Over the years, saving and credit cooperatives (SACCOs) have gained immense... Jul 2, 2021 4:31:15 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), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Enabling our Service Providers’ Sales Teams towards the success of Wakandi in Tanzania](https://blog.wakandi.com/blog/enabling-our-service-providers-sales-teams-towards-the-success-of-cams-in-tanzania?hsLang=en) Bringing the power of technology to every person has been a key objective for us. We believe digitization can have a positive impact on the way people in the informal economy manage their finances.... Jun 23, 2021 3:20:17 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), [partner-umbrella](https://blog.wakandi.com/tag/partner-umbrella?hsLang=en) ##### [Growing by leaps and bounds in Tanzania – Ushirika supports the Wakandi mission](https://blog.wakandi.com/blog/growing-by-leaps-and-bounds-in-tanzania-ushirika-supports-the-wakandi-mission?hsLang=en) More than 5 in 10 adults (56%) in Tanzania are financially included, almost all through mobile money accounts. Mobile technology connects more than 47 million people to various digital initiatives... Jun 16, 2021 2:54:46 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), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en), [TCRA](https://blog.wakandi.com/tag/tcra?hsLang=en) ##### [Wakandi achieves another milestone by receiving the TCRA services license](https://blog.wakandi.com/blog/wakandi-achieves-another-milestone-by-receiving-the-tcra-services-license?hsLang=en) We are excited to announce that we have received the National Application Services License from Tanzania Communications Regulatory Authority (TCRA). We now hold a stronger position in Tanzania to... May 5, 2021 3:22:39 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?hsLang=en), [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?hsLang=en), [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 [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?hsLang=en), [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?hsLang=en) ##### [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 [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), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [MoU](https://blog.wakandi.com/tag/mou?hsLang=en) ##### [Wakandi Group signs MoU with MUCOBA – the oldest community bank in Tanzania](https://blog.wakandi.com/blog/wakandi-group-signs-mou-with-mucoba-the-oldest-community-bank-in-tanzania?hsLang=en) Wakandi Group has recently signed an MoU with MUCOBA Bank, the first and the oldest community bank in Tanzania, to collaborate and explore newer opportunities for better market presence. MUCOBA Bank... Nov 25, 2020 8:43:43 AM