Mobile money transfers have taken off in Somalia. But there are risks Published by Victor Odundo Owuor on 16 October 2018 Transfers in Somalia are predominantly available in US dollars, which isn’t healthy for the country’s economy.
The journey so far: Hilda Moraa, CEO, Pezesha Published by Justin Probyn on 11 October 2018 ‘Being profitable gives you a degree of freedom.’
Profit-making idea: Financing who the banks won’t Published by Justin Probyn on 10 October 2018 ‘Most financial institutions deny poor people access to loans, due to a lack of equity.’
The journey so far: Katlego Maphai, co-founder and CEO, Yoco Published by Justin Probyn on 27 September 2018 ‘There’s a great deal of personal sacrifice as you’re building something up. It takes all of you.’
Mobilising Kenya’s public transport Published by Vince Matinde on 25 September 2018 How Mary Mwangi capitalised on a gap in Kenya’s mobile payments market.
The journey so far: Mary Mwangi, CEO, Data Integrated Published by Justin Probyn on 20 September 2018 ‘Partnerships and networks are tough but necessary to get ahead.’
Startup snapshot: Opportunity and risk in Africa’s untapped insurance industry Published by Justin Probyn on 19 September 2018 Inclusivity Solutions delivers insurance products through digital channels in Cotê d’Ivoire, Rwanda and Kenya.
The journey so far: Michael Femi Simeon, CEO, VoguePay Published by Justin Probyn on 13 September 2018 ‘If I take a decision on something, I have to make sure it is equitable.’
Startup snapshot: Nigeria’s Paystack wants to modernise payments, and they’ve raised $10m to do it Published by Justin Probyn on 4 September 2018 The startup has received funding from big names like Visa, Y Combinator, and Tencent, among others.
Six tips for African entrepreneurs and companies on successfully raising capital Published by Mansur Nuruddin on 17 August 2018 Capital raising is a marathon not a sprint.
Making it rain for smallholder farmers: How Thomas Njeru capitalised on a gap in the agricultural insurance market Published by Vince Matinde on 13 August 2018 His company devised a way to embed the insurance product with other products that farmers wanted to purchase, such as seeds and fertilisers.
Richard de Roos: Renminbi presents Africa with cost and efficiency advantages Published by Richard de Roos on 13 August 2018 Slow uptake of Chinese currency in Africa belies the renminbi’s potential to support African growth, says Standard Bank Group foreign exchange head.
The journey so far: Rahul Jain, CEO, Peach Payments Published by Justin Probyn on 10 August 2018 ‘You don’t need a “killer” idea. What you need for success is execution.’
Will foreign banks be beneficial for Ethiopia? Published by Rafiq Raji on 19 July 2018 Research suggest foreign banks do not always help the financial development of poor countries.
