Mixx Tanzania, a leading digital financial services business, has announced a leadership transition, marking the end of Angelica Pesha's 15-year tenure with the company. Pesha played a significant role in shaping the business from its early days as Tigo Pesa into a broader fintech organisation offering diversified digital financial services. Her association with the business dates back to the early days of mobile money in Tanzania. During her career, Pesha was involved in the development of several innovations, including mobile-money interoperability and cross-border money transfers.
Under Pesha's leadership, Mixx Tanzania underwent significant transformations, including the transition from Tigo Pesa to Mixx and the development of the organisation's governance, systems, and processes. She became CEO in 2020 and led the business through a period of growth and strategic progress. In August 2026, Mixx received three recognitions at the TEHAMA Awards, including the Mobile Financial Services Innovation award, while Pesha received the Female ICT Leadership Award. Erwan Gelebart, CEO of AXIAN Digibank & Fintech, expressed his appreciation for Pesha's leadership and contribution to the business's strong growth.
Louis-Olivier Favot has been appointed as the new CEO of Mixx Tanzania, bringing 17 years of experience across banking, microfinance, mobile money, and digital financial services. His expertise spans financial inclusion, product development, operations, and technology transformation. Favot joins Mixx Tanzania from MVola, the AXIAN digital financial services business in Madagascar, where he served as CEO and contributed significantly to the company's evolution into Madagascar's first digital bank.
Favot's appointment comes as Mixx Tanzania builds on its momentum to redefine digital financial services in Tanzania. The company aims to expand beyond payments to deliver a broader ecosystem of simple, accessible, and innovative financial solutions for individuals, merchants, and businesses. Gelebart welcomed Favot to the organisation, expressing his confidence in Favot's ability to lead the business to new heights.
The leadership transition represents a change in executive leadership while maintaining Mixx Tanzania's broader focus on accessible, innovative, and digitally enabled financial services. Mixx Tanzania is part of the AXIAN ecosystem, with the Mixx brand forming part of the group's fintech operations. The company has grown to become a major player and trusted partner in the everyday lives of Tanzanians.
During her tenure, Pesha was instrumental in developing several innovations, including the Tigo Pesa app, bank-wallet connectivity, international remittances, payments, savings, and digital lending. Her contribution extended beyond business results to the people and teams she supported and inspired. Gelebart acknowledged Pesha's significant role in building the business from humble beginnings into a major player in Tanzania's digital financial ecosystem.
The transition is expected to bring new perspectives and expertise to the business, as Favot takes over as CEO. With his extensive experience in Sub-Saharan Africa, Favot is well-positioned to lead Mixx Tanzania's next phase of growth and innovation. The company's commitment to delivering accessible and innovative financial solutions remains unchanged, as it continues to play a significant role in Tanzania's digital financial ecosystem.
Key points
- Louis-Olivier Favot has 17 years of experience across banking, microfinance, mobile money, and digital financial services.
- Angelica Pesha led Mixx Tanzania through its transition from Tigo Pesa to Mixx and developed the organisation's governance, systems, and processes.
- Mixx Tanzania aims to expand beyond payments to deliver a broader ecosystem of simple, accessible, and innovative financial solutions.
