MTN rolls out API marketplace for developers and businesses.

Telecommunications Company, MTN Group is rolling out an application programming interface (API) marketplace for software developers.

The API marketplace which is dubbed Chenosis will enable developers and businesses to discover and subscribe to open APIs.

In a statement, MTN said, “Chenosis will enable developers to tap into a broad spectrum of API products and services from across the continent, ranging from telecommunications, e-health, e-government, Internet of things, fintech, e-commerce, identity and authentication, payments and collections, location and more, from a single marketplace.”

Chief Technology and Information Officer, Charles Molapisi in the statement said, “Chenosis is a separate brand and entity, and will have an arms-length relationship with MTN so that it remains open to all mobile network operators, fintech start-ups, payment service providers, mobile wallet operators, financial service providers, and more.”

The marketplace will allow businesses and developers to publish their APIs so that other developers can discover and consume them.

Furthermore, Chenosis also provides the tools for publishers to monetize and promote their APIs, by creating subscription plans and product bundles that developers and businesses can purchase.

In addition, the API has dashboards for publishers and consumers to track revenue and credit balances as well as view consumption analytics and API performance.

“The power of the platform will be in the creation of ‘mashup APIs’, which will connect cross-industry APIs and facilitate innovation and the ability to build new services and new business models. Mashups are new product and service orchestrations created by developers from two or more existing APIs,” Molapisi further stated…

“We have exciting pan-African and international partnerships lined up to publish and monetize their APIs in the marketplace over the coming months. These partnerships will enable Chenosis to become the largest and most diverse developer ecosystem on the African continent.”

The Chenosis Marketplace will be opened to the public starting from 10 August.