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E-finance’s unit inks 10-year contract to expand services in Africa

e-Cards, a subsidiary of e-finance For Digital and Financial Investments, has inked a 10-year contract to supply and manage smart cards to Tres Groupe International (TGI) in Zimbabwe.

Under the contract, e-Cards will offer prepaid cards for over 2 million beneficiaries through a dual-sim card, enabling e-finance to expand its services to Africa, according to a press release on Monday.

The company will also manage 7,000 POS machines to process payments for cardholders.

With a presence in the Southern African Development Community (SADC), TGI is specialised in health services and consultancy.