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The reports listed below offer much-needed data to help your nonprofit craft its 2022-23 digital marketing and fundraising strategy. For Nonprofits in Africa: 1. SouthAfrica Giving 2019 :: Download. Digital Technology in the Non-for-Profit Sector 2020 :: Download. Charity Digital Skills Report 2021 :: Download.
Staying current with the latest digital marketing and fundraising trends and benchmarks is essential for nonprofits. Charity Digital Skills Report 2022 :: Download [UK] Published by Skills Platform 7. SouthAfrica Giving 2019 :: Download Published by the Charities Aid Foundation 19.
In SouthAfrica, these businesses contribute around one-third of the country’s GDP. Since launching in 2013, South African fintech Yoco has positioned itself as the go-to platform to access offline payments among merchants in the country. SouthAfrica’s Yoco raises $16 million to boost digital services to small businesses.
The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. Venture capital bet from institutional investors in this class of fintechs is massive and in the latest development from Africa, it seems individual investors appetite is increasing likewise.
A new report from Endeavor Nigeria reveals that Africa’sdigital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’sDigital Economy is Poised to Take Off.”. Africa’sdigital opportunity.
As businesses reopened globally and the pandemic drove people to adopt new habits in e-commerce, work, spending money, online delivery, and learning, venture capital into various industries was poised to increase immensely, and Africa would not be exempt. African startups nearly raised $1.5 billion and $2.8
Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending.
The general perception of insurance on the continent has been bland for years, and its penetration rate, except SouthAfrica, is subpar. Per a McKinsey study in 2018, Africa’s insurance market stood at a 3% penetration rate; with SouthAfrica excluded, it was 1.12%. In the news today is one such company: Casava.
According to a 2019 report by Deloitte , about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, SouthAfrica also has a functioning credit system with the prevalent use of credit cards. for every successful transaction made via Ozow.
Jumo and MNT Halan raised $120 million rounds, as digital payments gateway MFS Africa gained $100 million. It is also poised for greater growth as the adoption of lending, digital payments, banking and insurance services grows. . Deals by stage in Africa over the years. Image Credits: Briter Bridges.
Our software digitizes the process of those who write things in hand and helps them figure out their inventory management and recipe yields.”. Futi said Orda has witnessed tremendous adoption among small restaurants in its two markets, Nigeria and Kenya, and claims the startup might have reached product-market fit already.
Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and SouthAfrica are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth.
Now that Gozem is present across 13 cities, having moved to Gabon and Cameroon with over 800,000 registered users and completed more than 5 million trips, the founders say the company is setting sights on providing digital banking services and lending to its users. I think we have a fantastic differentiator.
More and more people are adopting social media messaging, including Facebook Messenger , to contact nonprofits with questions, comments, or requests. If you are thinking about adding a Facebook Messenger bot to your organization’s digital strategy, spend some time interacting with other nonprofit bots. What is a Chat Bot?
New report examines Africa’s growth in the digital economy and VC investment landscape. Africa-wide Growth. In a period of two years, Adanian Labs has grown beyond Kenya, by establishing a presence in Tanzania, Zambia, SouthAfrica and Nigeria – some of the biggest startup and tech hubs in Africa.
to adopt a net zero goal back in 2019. In 2024, the founders decided to expand on that vision with a new platform and digital strategy designed to support budding entrepreneurs. Fast-track permitting from the city is accelerating the path to innovation, with the goal of turning the once-busy station into a hub of a different sort.
Qwili , a startup that provides a hybrid sales product to micro and small merchants in SouthAfrica, has raised $1.2 Qwili says its target audience are digitally excluded and unbanked customers. During those early stages, the phone wasn’t paying back quickly enough, and there wasn’t high enough adoption of the digital services.
Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. Kassim said the company is conducting tests with merchants in Nigeria and SouthAfrica and expects to launch both markets in the near future. . Australia and Asia.
Pngme’s platform caters to fintechs and other financial institutions across sub-Saharan Africa. When the founders, Brendan Playford and Cate Rung, last spoke with TechCrunch, Pngme was heading out of stealth mode in Nigeria, Kenya and SouthAfrica. But time will tell how long these products can keep being dissimilar.
They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and SouthAfrica. PayPal finally arrived Africa’s most populous country in 2014 and a year later, it became the company’s second-biggest market on the continent.
Futi also remarked that the adoption from restaurants in markets where it operates (Nigeria and Kenya) has been “very seamless,” adding that the cloud-based software doubles its growth rate every three weeks.
million pre-seed funding to scale its operations within Africa; one of the fastest-growing mobile phone market in the world. The Venture Catalysts, V&R Africa, Grenfell holdings, and SOSV, participated in the round, as did family offices and angel investors from Kenya, Nigeria, SouthAfrica and India.
The latter is home to startups like Axie Infinity and Yield Guild Games, which have raised millions of dollars in venture capital owing to the adoption of crypto and play-to-earn models. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.
A couple weeks ago, I posted about an upcoming e-waste and refurbishment standards conference in SouthAfrica that I was co-organizing. To identify industry leaders in Africa willing to be early adopters of international standards. that featured the work of the e-Waste Association of SouthAfrica (eWASA).
When companies create digital payments-facing solutions for African countries outside Nigeria and SouthAfrica, building around mobile money is key. “And the way we’re looking at the continent, we’re looking at adoption rates for mobile money growing at an insane speed. It’s literally a no-brainer.
From the McKinsey report in 2018, the total gross written premiums (GWP) in Eastern Africa was $3.3 In comparison, SouthAfrica did $48.3 So Lami adopted a B2B2C approach to leverage the trust already built by platforms that converse with customers daily and innovate around it. billion worth of GWP that same year.
His win came when the global appetite for Amapiano, a style of house music that emerged in SouthAfrica , and Afrobeats, a popular music genre that originated from Western Africa , had increased exponentially. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.
Wowzi plans to use the new investment to set up operations in Ghana, Nigeria and SouthAfrica, seeking growth opportunities beyond Kenya, Uganda and Tanzania, where it currently has a physical presence. This a new form of digital marketing that pivots from the norm of using celebrities for marketing campaigns.
The Australian startup, which builds a livestock management platform for ranchers and farmers, wants to digitize farm records and the meat production process from the cow to the consumer and drive the industry’s animal and environmental welfare transparency. Additionally, AgriWebb has partnerships in Brazil and SouthAfrica, Webb said.
seed round And elsewhere Digital wallet for insurance Marble bags $4.2M. We expect to see the insurance industry in general adopt more of the consumer friendly features that we’ve helped pioneer.” with support from Dwyane Wade and Baron Davis Black-owned tech firm Greenwood acquires digital banking rival.
The card payment industry, except for SouthAfrica, maybe Nigeria and a little bit in Egypt, is a developing one and while you might be able to grow a business on that, it’s almost impossible in our region [Francophone Africa].”. Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa.
Companies (like digital mortgage lender Better.com) couldn’t keep up and had to go on a hiring spree to meet all the consumer demand. Digital mortgage lender Better.com conducted its first of four layoffs in the past nine months on December 1, 2021. This led to a boom in business for startups catering to home buyers. Then 2022 came.
Switzerland was the first country in the world to adopt an electronics recycling system is 1991.Things region in southern China is the poster child of digital dumps and bad electronics recycling. The e-Waste Association of SouthAfrica ( eWASA ) is building a network of e-waste recyclers and refurbishers in the country.
Met with a major international human rights defender group about our Martus technology and digital security more generally. I had a chance to meet with staffers involved in the drafting of two key federal bills that are most likely to be adopted, and shared my issues. Interviewed several candidates for executive positions at Benetech.
Tebogo Mokwena , co-founder and CEO, Akiba Digital. When raising money, you have to be bullish, respond fast, and ship products even faster, proving traction and market adoption. to improve cross-border commerce in Africa. Tebogo Mokwena, CEO, Akiba Digital. Tebogo Mokwena, CEO, Akiba Digital. Yes absolutely!
“Looking at Tiger’s Africa fintech portfolio, it’s clear they are focusing on resilient and infrastructural models as much as possible,” said Awoyemi, who is now the co-founder of Moneymie, a digital bank for immigrants. “I
ULesson , an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 Similar to many edtech startups, uLesson has benefited from the overnight adoption of remote education. The founder says that the digital infrastructure gains will allow them to “go online entirely by Q2 this year.”.
It found that if they needed help and couldn’t reach 9-1-1, one in five would try to contact responders through a digital means such as e-mail, websites or social media. According to the American Red Cross , A recent Red Cross survey asked 1,058 adults about their use of social media sites in emergency situations.
That’s the drive for SouthAfrica-based health tech startup HealthLeap , which focuses on a global healthcare market starting from the U.S. And with the pandemic massively accelerating healthcare professionals’ adoption rates of digital tools, HealthLeap is poised to capture a significant market share with its software.
Infrastructure would have to improve in places like SouthAfrica and Australia. So we’re still a very large company in Australia and Thailand and SouthAfrica. And then you have the whole frunk, four days of power for your home, it’s a digital product as well. How are you going to adopt it?
In the coming decades, Africa will be a significant growth market for mobile games, driven by the proliferation of technology adoption among the continent’s youthful population. South African music artiste Nasty C (far left); Carry1st co-founder and COO Lucy Hoffman (far right). Image Credits: Carry1st.
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