Bank of Kigali confirms Tanzania’s Massawe as CEO of its tech division

Bank of Kigali confirms Tanzania’s Massawe as CEO of its tech division

Kigali. The Bank of Kigali, Rwanda’s largest bank by assets, has officially appointed Deogratius Massawe as the Chief Executive Officer (CEO) of its technology division, BK Techouse.

Massawe has been serving as the acting CEO of BK Techouse since August of last year. Before this interim role, he spent three years as the Chief Technology Officer (CTO) of the same division.

“I am grateful to share that I have been confirmed as the Chief Executive Officer (CEO) for BK Techouse. Excited for the opportunities that lie ahead in this new chapter,” Massawe announced on LinkedIn.

Established in 2016, BK Techouse is a leading force in the digitization of Rwanda’s economy, providing innovative technology solutions and services across multiple sectors, including agricultural technology, educational technology, and financial technology. Its digital payment platforms boast a user base exceeding 3 million.

Before his relocation to Rwanda, Massawe accumulated over 14 years of experience in the United States at telecom giant T-Mobile, where he held various positions, including Senior Manager for Product and Technology. He also served as CTO/COO at the ride-hailing company Moovn.

Earlier in his career, Massawe worked as a senior IT consultant for Microsoft and began his career as an intern system engineer at IBM.

Massawe holds an MBA in business administration and health informatics from Georgia State University, along with a Bachelor of Science degree in computer science from the University of Washington.

His expertise lies in orchestrating digital transformation and pioneering product innovation across diverse sectors, including AgriTech, EduTech, and FinTech.

With his extensive experience and leadership, Massawe is expected to steer BK Techouse towards continued innovation and growth in the rapidly evolving tech landscape of Rwanda.

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Tanzania's opposition party ACT Wazalendo honours veteran politician under new policy
Tanzania Foreign Investment News
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Tanzania’s opposition party ACT Wazalendo honours veteran politician under new policy

Unguja. Opposition party ACT Wazalendo today officially bids farewell to its former Chairman, Juma Duni Haji, also known as Babu Duni, as part of a new policy designed to honor retired senior leaders at a ceremony held at Kiembesamaki, Zanzibar.

The initiative highlights the party’s commitment to recognizing and supporting individuals who have served with dedication and integrity.

Babu Duni, who stepped down earlier this year, was succeeded by Othman Masoud, now the First Vice President of Zanzibar.

The policy aims to provide ongoing respect and support to retired leaders, ensuring their continued recognition and contribution to the party’s development.

“Recognizing their significant contributions to the development and prosperity of the party, this policy ensures that retired leaders continue to be acknowledged and respected by both the party and the community,” the policy states.

To benefit from this policy, leaders must not have left or been expelled from the party. They must have served the party with honor and dedication. The national leadership committee will determine whether a leader has fulfilled these criteria.

The policy seeks to honor retired leaders, protect their dignity, acknowledge their contributions, leverage their ideas for the party’s growth, and support them to the best of the party’s ability.

In honoring these leaders, the party will provide a vehicle, the type of which will be determined by the national leadership committee. Additionally, they will receive a monthly allowance, with the amount also set by this committee.

Other benefits include health insurance. If a leader does not own a home, the party will cover their rent at a rate decided by the committee.

The leadership committee may also grant special recognition based on the leader’s contributions. Retired leaders will participate in decision-making meetings according to procedures outlined in the party’s constitution.

Depending on the party’s resources at the time, the policy may also apply to retired deputy chairpersons for both the mainland and Zanzibar, the Secretary-General, Deputy Secretary-General for both mainland and Zanzibar, and the party’s Attorney General.

Additionally, leaders, executives, or members with exceptional contributions to the party’s protection, advocacy, and defense may also benefit, as determined by the leadership committee.

Currently, those who are eligible for benefits under this policy include Juma Duni Haji (retired party Chairman) and Zitto Kabwe (retired party leader).Continue Reading