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While working on the problem, they identified the skewed incentives when interacting with card issuers. And they launched Union54 not only to solve that problem for themselves but other fintechs. With Union54, the founders are taking on a pan-African problem, not a Zambian one.
“What’s more, our interactions with customers and potential customers have shown us that the real problem we are tackling isn’t the ease of issuing cards– rather, it’s much broader than we could have imagined.” Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API.
“Workarounds are effective, versatile, and accessible methods for tackling complex problems,” shares the author of the new book, The Four Workarounds. They are a creative, flexible, imperfection-loving, problem-solving approach. A method that ignores or even challenges conventions on how, and by whom a problem is meant to be solved.”
We’re thrilled that today’s rapid changes in technology are opening up tremendous new ways to address the problems they face. The documentation projects of our partners in Uganda, Malawi, Zambia, and Zimbabwe have yielded so far six high-quality publications or reports about violations against LGBTI individuals in their communities.
Aminu Bakori and Kabir Shittu , founders of Sudo Africa, told TechCrunch that the opportunity to build Sudo was due to a problem they faced while attempting to issue cards at their previous startup: a mobile wallet system allowed users to aggregate existing financial institutions into a single platform and perform transactions.
Upon carefully studying different models pioneered by digital-first banks such as TymeBank, Kuda, FairMoney, they saw a big gap for building a savings product that helps solve what they think is the biggest problem facing African consumers: inflation and currency devaluation. .
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. Access to credit is still very much a problem to the millions of small and medium businesses in Nigeria, which make up most of the country’s businesses. Union54 (Zambia).
We needed an energy ladder and a series of products that were all connected in some ways but solve different problems for these 2.2 ” Zola has now become a technology company whose products can solve energy access problems in almost any market, the company said in a statement. billion people,” he said. ” More than 1.5
Microtraction revealed that it accepted over 500 applications from startups in Nigeria, Ghana, Zambia, and Mauritius in its first full year of operation. We are always looking for companies that are solving huge problems that a lot of people face,” he told TechCrunch. Though, just eight of those companies got investments.
Impact Rooms offers well-rounded solutions for startup problems, from ensuring that they are investor-ready and are matched with the right investors, to raising capital. The Impact Rooms team is currently spread across the world with some of its experts in Kenya , Zambia, Ghana, South Africa, Puerto Rico, Australia, US, UK and Switzerland.
Pula is solving this problem by using technology and data. They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique. Thus, they are often neglected from financial protection against climate risks like flood, drought, pestilence and hail. million farmers.
In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Cellulant co-founder Ken Njoroge, and Google executive Charles Murito made investments too.
It’s these twin problems that Samir Ibrahim and his co-founder at SunCulture , Charlie Nichols, have spent the last eight years trying to solve. African small farmers face two big problems as they look to increase productivity, Ibrahim said. Many families also lack access to reliable and affordable electricity.
The startup ecosystem was growing but I could not fail to notice the problem of accelerators. In a period of two years, Adanian Labs has grown beyond Kenya, by establishing a presence in Tanzania, Zambia, South Africa and Nigeria – some of the biggest startup and tech hubs in Africa. Image Credits: Adanian Labs. Africa-wide Growth.
Whatever your social media problem, we'll have a cure for what ails you this June. NetSquared Zambia in Lusaka, Zambia. Join us in Naples, Florida for a Twitter-focused event , a Vancouver social media tune-up with Hootsuite , or a social media surgery in Cambridge or Birmingham. Newest Groups. Louis in St. Louis, Missouri.
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 problem is that they just aren’t engaged around global health.
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With the right ML-powered mobile ultrasounds , providers such as midwives, nurses, and community health workers could have the potential to bring obstetric ultrasound to those most in need and catch problems before it’s too late.
We bring communities together to identify their top problems, needs, and priorities, and solve them internally. 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 had no idea where his family went.
Therefore, Stambolis hoped that by launching Zenysis, he’d take some of the talent and resources in Silicon Valley — and South Africa, where the company has its second headquarters — and direct them to work on problems that matter. Stambolis’s reaction was triggered by the Ebola crisis in 2014.
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