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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

industry in Tanzania. Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups. Marshall McLuhan wrote that “we shape our tools and then they shape us.”

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. and the E.U., and the U.K.

Africa 98
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Technology for Change Contest: Win a new computer from HP!

Amy Sample Ward

During the US Thanksgiving holiday, Tweetsgiving asked people around the world to use Twitter to share something they were grateful for and include the link to the Tweetsgiving site (where people could donate to help build a library, classroom and more for the benefiting school in Tanzania).

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Happy Tweetsgiving!

Beth's Blog: How Nonprofits Can Use Social Media

This year they hope to spread gratitude further and raise enough to help build an additional classroom, orphanage/boarding facility, cafeteria and library at Epic Change’s partner school in Tanzania, and to finding and funding future Epic Fellows like the school’s founder, Mama Lucy. Be sure to check out the Twitterkids.

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Guest Post on Tactical Philanthropy: Causes, MySpace and ideablob

Amy Sample Ward

There are many who approach the online landscape with very different views than their offline business decisions. I can’t speak for others working in the “innovation sector,&# but at NetSquared we can’t emphasize enough that our Community is what drives us – whether’s it’s online or offline.

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Stax gets $2.2M for its app that lets Africans make transactions via automated USSD codes

TechCrunch

In a market where internet-enabled app-based banking can reach 300 million subscribers on the continent, USSD technology, predominantly offline and used mainly by feature phones, outpaces it with 850 million connections. And so what we’re doing is building for them, because despite having a smartphone, they want to be offline.

Kenya 82
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Senegal’s logistics tech startup Chargel raises $2.5M seed funding

TechCrunch

Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline. So, we decided to be drivers for a few months to understand how the sector works, its real challenges and where the opportunity was, before building something,” Moustapha told TechCrunch.

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