Avanza Solutions signs a strategic partnership with MFI Enterprise Solutions Ltd. for Africa


Avanza and MFI Enterprise Solutions Ltd. Tanzania have signed a partnership to provide Omni channel banking solutions in the African sub-Saharan region, which includes Tanzania, Burundi, Zambia, Malawi, Rwanda, Sudan, and Mozambique.

Through this partnership, MFI will be authorized to provide Avanza’s state-of-the-art Omni-channel banking solutions in the region. The solutions range from enterprise middleware, fraud management solutions, ATM controllers, and card production to internet banking services, covering all alternate delivery channels.

The agreement was signed by Mr. Jawad Qureshi (Head of Global Sales – Avanza Solutions) and Mr. Sanjay Kumar Rai (General Manager – MFI Enterprise Solutions Ltd. Tanzania) on May 22, 2017.

Speaking at the signing Mr. Jawad Qureshi said, “At Avanza, we continuously work to provide best-in-class solutions and enrich lives everywhere. We’ve been really aggressive with our push into new territories with partners that are a natural fit for Avanza. I am confident that we can develop the necessary synergies to take the FinTech industry in the region forward.”

Mr. Sanjay Kumar Rai (General Manager – MFI Enterprises Solutions Ltd. Tanzania) said, “I’m delighted to have signed with Avanza Solutions. The expertise, passion, and the drive demonstrated by Avanza’s team really make them a strong fit for our organization. With our shared values and culture, I am sure we can accomplish a lot.”




MFI is an IT integration firm, based in Tanzania, with operations across sub-Saharan countries. With the aim to add value to businesses through the latest technologies, MFI serves its customers by providing infrastructure, enterprise applications, and other services. With 33 years of experience, MFI has established a presence in 19 countries in the region.