On Wednesday, EFT Corporation, a leading African fintech company, announced the appointment of Farai Tigere as the Managing Director for its Zimbabwe operations.
The appointment supports the company’s plans for national financial inclusion, digital transformation, and economic empowerment.
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“EFT Corporation is committed to enhancing Zimbabwe’s digital payments landscape, and Farai Tigere’s leadership will be instrumental in achieving this goal,” the company said in a statement.
“With his deep expertise in payment solutions and extensive local market experience, Tigere is well-positioned to lead our efforts in providing innovative and accessible financial services.”
Tigere to drive EFT’s growth in Zimbabwe
Tigere has played a significant role in Zimbabwe’s efforts to digitise payments. He began his career as an Implementation Engineer with EFT Corporation before moving into business development and solution architecture in 2018.
“The primary goal is to maintain and expand EFTCorp’s established role as a major player in Zimbabwe’s payment ecosystem, which involves deepening the company’s reach in underserved sectors and further strengthening its presence in commerce,” said Tigere.
“For me, this role represents professional growth, and for the company, it is a chance to steer the Zimbabwean arm of the business through a challenging but opportunity-rich period of expansion.”
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EFT focuses on financial inclusion in Zimbabwe
EFT Corporation highlighted the importance of bridging the financial gap through digital solutions that cater to Zimbabwe’s informal sector. “Financial inclusion is at the core of our mission,” the company stated.
“By leveraging market research and innovative technology, we aim to restore confidence in digital payments, ensuring more Zimbabweans have access to formal financial services.”
EFT Corporation will offer various options to help businesses comply with Zimbabwe’s mandated POS system.
“By tailoring these solutions to different market segments, EFTCorp will ensure that businesses are equipped to comply immediately with policy changes while benefiting from efficient payment systems,” Tigere stated.
EFT Corporation reaffirmed its commitment to creating innovative digital financial solutions for businesses and consumers. The company added, “Our ability to innovate and adapt is what enables us to remain relevant.”