M-PESA Mozambique receives prestigious award from Bank of Mozambique

Date: 2024-08-26
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M-PESA in Mozambique has been honored with a Diploma of Merit from the Bank of Mozambique, recognizing Vodacom Moçambique's successful implementation of the new SIMO Rede platform. The award was presented by Dr. Rogerio Zandamela, Governor of the Bank of Mozambique, during the 13th-anniversary celebration of SIMO Rede, the Single National Electronic Payments Network in Mozambique.

This prestigious recognition acknowledges M-PESA's significant contributions to advancing financial services in Mozambique, promoting financial inclusion, and enabling secure and affordable transactions for millions of Mozambicans. With over $15 billion in transactions supported annually, M-PESA has played a pivotal role in revolutionizing the country's financial landscape.

The SIMO Rede platform has been instrumental in facilitating electronic payments across Mozambique, and M-PESA's implementation of this platform has been a key factor in its success.

Vodacom Moçambique's efforts in implementing the SIMO Rede platform have had a profound impact on the lives of millions of Mozambicans, providing them with access to secure, convenient, and affordable financial services.

By:  Nana Appiah Acquaye

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