Jambopay to enter Somalia market

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Jambopay CEO
Jambopay CEO Danson Muchemi with former Nairobi Governor Evans Kidero at a past event. PHOTO/COURTESY

In a bid to expand its presence in the East and Central African regions, financial service provider Jambopay has inked deals to automate revenue collection in neighbouring Somalia.

According to the firm, the deals will cover the collection of parking fees in the Garowe and Bosasa municipalities located in the Puntland state of Somalia.

The firm similarly stated in a news report published by the Business Daily that the two deals will increase JamboPay’s presence in the continent to five states including Kenya, Tanzania, Rwanda and Uganda.

“We have signed deals to automate payment systems with the municipal governments of Bosaso and Garowe. The deals range from five years to 10 years. We see it is an opportunity to take part in the rebirth of the country,” Mr Dan Muchemi the Chief Executive of Web Tribe, JamboPay’s parent company, is quoted as saying by the Business Daily.

Mr. Muchemi similarly revealed, in the news report, that JamboPay will establish an office that will help Somali locals in the country to learn how to operate the automated tax collection service.

The announcement from the firm follows the imminent contract termination between the service provider and Nairobi County after Governor Mike Sonko revealed last week the County Government would stop outsourcing revenue collection to independent contractors. Governor Sonko consequently revealed that the County Government would use its own software, donated by a yet to be revealed source, to track revenue collection in the city.

The move by Nairobi’s County Government will put an end to a relationship that began in April 2014. Apart from Nairobi, JamboPay is also currently contracted by Meru, Embu, Tharaka Nithi and Trans Nzoia counties to automate payment for parking fees.

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