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Rwanda’s Cashless YegoMoto Innovation Shines At Tech Summit

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Rwanda’s Cashless YegoMoto Innovation Shines At Tech Summit

Rwanda’s motorcycle transport company [YegoMoto] that only uses electronic payment system is currently showcasing their innovations at the ongoing Africa Tech Summit in Kigali.

Karanvir Singh the CEO and Managing director of YEGO Innovision told over 300 participants the advantages of YegoMoto in Rwanda saying the technology used in moto taxi business is changing and advancing to the better how the business is done.

“Before the technology was introduced in Rwanda, 40% of motor taxis had no driving licenses and 80% of accidents are being caused by taxi motor taxis and this brings about 90% of road casualties,” Karanvir said.

According to him, “With YegoMoto, now the Rwandan Traffic Police can have access to the moto taxi database. Knowing how many motorcyclists are licensed, insured, those with genuine and valid licenses and be able to follow them up for the licenses and insurance renewal.”

In the Yego Moto data base he told participants that, “Motorcyclists ID cards numbers are registered, blood groups known and this would help in case of accidents where their families would be called immediately.”

Panelists are discussing African Mobility

Meanwhile, the YegoMoto cards are linked with motorcyclists mobile-money- registered numbers which can help in cashless payments and save time that passengers would use sometimes for the money changes.”

For the past years, Rwanda has continued with her trendsetting journey in technology and various related initiatives.

The Summit is providing unrivalled insight, networking and business opportunities – and exploring latest trends with 90-expert speakers from across the continent delivering keynotes, panels and breakout sessions.

Kigali Readies To Host Africa Tech Summit

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