This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
We only make money when they do and that’s why we’re happy to give a guarantee with that interchange.”. In retrospect, though, Mlambo and Martini’s experience as founders of Zazu, where they raised over $2 million as one of Zambia’s most funded startups, cannot be written off as a contributor to Union54’s seeming success.
Tom Iselin will show you how to increase your likability and “memorability” among donors that will deepen relationships, help you raise more money, and create greater donor loyalty. We got five excellent tactics for you that’ll help you raise more money, and improve your donor relationships through personal branding.
Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API. In 2020 we hosted African Renaissance Conference with @wizaj and @mwiyas and that turned into how can we position Zambia as the city on the hill for African interests. Union54 hopes to create a homegrown alternative to Mastercard or Visa.
When the money from retailers arrives at JABU distribution centers, it typically takes 48 hours to settle into the banks. Instead of going through this mundane process, JABU’s wallets will allow merchants to deposit and withdraw money immediately in sync with these centers. Namibia had huge housing demand at the time.
When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. According to him, starting pawaPay was to help people send and receive money internationally using mobile money. How big is mobile money in Africa?
Another example is of a delivery company that sends its dispatch rider with a programmable card to make a transaction and spend a certain amount of money at a particular mall. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API. Union54, despite being based in Zambia, has customers across Africa.
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. You need to have the utmost trust to take that money and send to someone else.”
The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. And in small amounts of money, you’ll be able to hold value, as opposed to needing to save up huge amounts to buy an apartment or a plot of land.”.
Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. In South Africa, up to 5 million employees borrow money to meet their monthly needs when they exhaust their salaries. Union54 (Zambia). Amenli (Egypt). Freterium (Morocco).
In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia. You can offer your end consumers the ability to withdraw and deposit money into their wallets and bank accounts through JABU,” said Akinin. “So Many businesses like ours are taking money out of the market.
A teacher at a rural Zambian school explains how cattle NFTs, irrigation, and the Dandelion Network power a new future for farming. Continue reading on Medium
More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. My personal goal is to channel the aspirations of the technology community to do more social good. In this update, I’m delighted to be able to share Benetech’s latest efforts to do both.
In a call with TechCrunch, founder and CEO Dare Okoudjou was quick to highlight MFS Africa’s mission on the continent: to make it easy for Africans to send and receive money just as they do with calls. The London-based company connects more than 320 million mobile money wallets across 35+ African countries and 700 corridors.
Since the start of this year, Jambo has already signed up over 12,000 students across 15 countries (Morocco, Nigeria, Ethiopia, Equatorial Guinea, Uganda, Kenya, Congo, Uganda, Rwanda, DR Congo, Tanzania, Zambia, Namibia, Madagascar and South Africa) to take a curated web3 curriculum, both online and offline.
KlashaCheckout allows merchants outside Africa to collect payments from six countries on the continent — Nigeria, Zambia, Tanzania, Uganda, South Africa and Kenya — and get paid in G20 currencies like dollars, pounds or euros. Klasha has a suite of business- and consumer-facing products connected via one API.
Emtech targets emerging markets where payments infrastructure need aligning with digital innovations — to improve efficiency, introduce new products and services that are likely to promote financial inclusion, and in ensuring the secure movement of money.
“Most of the money has been going to consuming power. . “We have had to bundle services and financing. The reason this particularly works is because our customers are increasing their incomes four or five times,” said Ibrahim. This is the first time there has been productive power.”
To help tell this story better, (RED) recently took a trip with one of our supporters, Roche, to Zambia to film a series of labs that are conducting life-saving tests and giving patients and doctors critical information in the fight against preventable diseases.
The Frozen PeaFund , a social media campaign to raise money for breast cancer research, is seeking some advice about becoming a nonprofit organization. A Small Change-Fundraising Blog : A blog to answer questions from nonprofits about fundraising Brenda Zulu from Zambia, a journalist who covers ICT and Development issues.
What are ways of helping farmers get more money from their work? He has been on field missions to co-create solutions with governments and implementing partners in Zambia, Mozambique, Kenya, Tanzania, Rwanda, Nigeria, and Bangladesh. What are ways of translating early warning dashboards captured at the global level into local action?
This is extremely important for investors who are living at the intersection of “Money and Meaning.”. Our friend at Hewlett Foundation ( @Hewlett_Found ), Margot Fahnestock, pointed out the cultural difficulties with setting up an effective women’s reproductive health system in Zambia.
He ended up running for about 1,500 miles all the way to Zambia, arriving with nothing but the clothes on his back, about 90 pounds, and showing up at a refugee camp where he knew nobody. He was able to get some work digging pit latrines to put himself through one semester of his remaining high school education, and then he ran out of money.
In an interview with TechCrunch, Stambolis said the UN’s formula for moving the dial worldwide generally boils down to more money and political will. The big data company has provided its software to partners and governments in Ethiopia, Rwanda, South Africa, Zambia, Brazil, Vietnam, Mozambique and Pakistan.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content