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Home/ Spring 21 Capstone 640pm/ Contents contributed and discussions participated by sawsanenn

Contents contributed and discussions participated by sawsanenn

sawsanenn

Mukuru CEO - Using technology to serve the underserved - Intelligent CIO Africa - 0 views

  • Through our partnerships we have over 300,000 pay-in and pay-out points across Africa. We’ve partnered with major banks in all the territories we operate in – if we don’t have a licence, particularly at the outset of a product or service offering, in the country, then we have to use an authorised dealer bank. We work with the big retailers in South Africa, that have been exceptional at making their branch infrastructure with their footprint available to digital services. So we work with all the big retailers in South Africa and similarly so in other territories, so companies like Shoprite, Pick n Pay,Boxer, Spar, PEP, Massmart, complemented by mobile wallets like mPesa – a range of key names.
    • sawsanenn
       
      Working with different partners across Africa can be beneficial to Mukura since they can expand their business in other countries besides the ones that they are already working with.
sawsanenn

Money transfer group Mukuru acquires fintech Zoona's assets in Malawi - Ventureburn - 0 views

  • Zoona, which has worked with Mukuru for four years as a partner, is an Africa-based fintech that enables entrepreneurs to bring safe and reliable financial services to underserved communities in Malawi and elsewhere.
    • sawsanenn
       
      Acquiring zoona is a good step for mukura to expand its capital but also acquiring zoona's customer portfolio
sawsanenn

Mukuru Adds Sign-Up Feature to WhatsApp - IT News Africa - Up to date technology news, ... - 1 views

  • “Our customers have been asking for a Mukuru App, and we have made sure to develop and present a solution that empowers our customers to send money back home to their families in an even safer and more convenient way. Mukuru has always given its customers the ability to transact when and wherever they need to through our existing USSD and WhatsApp offerings – the Mukuru App adds a richer experience and more control for a customer to manage their profile,”
    • sawsanenn
       
      It is a good idea to use one of the most used social media application which is WhatsApp, it will be more easy for customers to make a payment or receive it. It is a good approach to make the transactions accessible and easy for everybody.
sawsanenn

Mukuru - ECP Investments - 0 views

  • Mukuru is uniquely focused on serving low- and middle-income migrants who typically send money home to their families to cover basic living expenses and who otherwise rely on informal and inconsistent channels such as buses, taxis, friends, and family. Through Mukuru, customers can send money through more reliable channels via bank transfer, cash deposit, credit/debit card or via a Mukuru Money Card and/or mobile money wallet. Friends and family members of these customers can then receive the money through the same methods (cash collection, bank transfer, cash to card, or mobile money wallet).
    • sawsanenn
       
      This article shows us the customers that Mukuru is targetting which are low and middle-income migrants and help them to send or receive money to or from their families or surroundings by offering easy services that everybody can understand and proceed it even the illiterate people.
sawsanenn

About Mukuru | Bulk Remittance Services | Sign up, Send it, Sorted! - 0 views

  • It is this, the opportunity to enrich the lives of Africa’s people by helping family, friends and loved ones stay connected, that motivates us to improve, to do more and to reach further. To us, a remittance is more than money. It represents the love, care and hard work of the sender and can be a lifeline, an opportunity or even a celebration to the recipient.
    • sawsanenn
       
      this page shows Mukuru's values, I really appreciate the goal behind this business which is help Africans to move forward by offering them many services to help each other.
sawsanenn

Mukuru Groceries enables people in SA to support Zimbabweans in need - 0 views

  • Existing Mukuru customers will not be required to register for the grocery service, they will simply follow the same process on USSD and WhatsApp to create an order and pay at any Mukuru pay-in partner using a payment reference (similar to the cash order reference).
    • sawsanenn
       
      it is a good and easy solution for customers that are not expertized in using smartphones, so the procedure can be easy for them.
sawsanenn

AV Ventures Invests in AgroCenta, Supporting Digital and Financial Inclusion of Ghanaia... - 0 views

  • Poor infrastructure and logistics prevent many smallholder farmers in Ghana from accessing large, urban markets where they could obtain better prices for their crops. Many of these farmers lack information on fair market prices, which leaves them susceptible to selling at low prices to middlemen. Without a strong credit history, many of them also have limited access to finance for purchasing high-quality agricultural inputs that would enable them to scale beyond subsistent production.  
    • sawsanenn
       
      this excerpt shows reasons why smallholder farmers should consider agrocenta to increase their profitability and their revenues
sawsanenn

AgroCenta: Digital food distribution platform creating shared value for businesses and ... - 1 views

shared by sawsanenn on 12 Feb 21 - No Cached
  • By eliminating exploitative buying from the value chain, smallholder farmers are able to become financially independent, get enough money to take care of their families and needs thereby alleviating them from poverty
    • sawsanenn
       
      it will raise one of the biggest challenges which is poverty and reduce it.
sawsanenn

AgroCenta to expand operations in Ghana after recently closed $650k round - Ventureburn - 0 views

  • Ghanaian agritech startup Agrocenta will use its recently closed $650 000 round to expand operations in Ghana — the company’s CEO and co-founder Francis Obirikorang revealed yesterday.
    • sawsanenn
       
      It is a good idea to expand its operations all the country, so every farmer can benefit from this opportunity to improve its agricultural investments
sawsanenn

AgroCenta - VC4A - 1 views

  • AgroCenta is an innovative online platform that empowers small holder farmers and farmer based organizations in rural farming communities access a wider online market outside their immediate locality to trade fairly and equitably. They can access technological tools and information that will inform them on best farming practices such weather information, market information and finally access to agro inputs such as fertilizers, pesticides and weedicides directly from stakeholders.
    • sawsanenn
       
      AgroCenta's mobile app provides two key services to smallholder farmers: access to markets (AgroTrade) and access to finance (AgroPay). On the AgroTrade platform, farmers can trade directly with small, medium, and large processing companies that need raw commodities for processing.
sawsanenn

Ghanaian agri-tech startup AgroCenta raises $790k pre-Series A funding - Disrupt Africa - 0 views

  • This is a significant milestone for AgroCenta, having the support of leading institutions, particularly with the COVID-19 backdrop, underlining the strength of AgroCenta and the importance of its mission,” they said. 
    • sawsanenn
       
      this excerpt is important because it shows the solidarity between companies during a crisis time. Plus we can see the efforts to help smallholder farmers to fight this crisis. this is another approach for economic growth even during a pandemic
sawsanenn

AgroCenta CEO on the Challenges of Entrepreneurship in Ghana - 0 views

  • AgroCenta focuses as well as Seedstars on achieving the Sustainable Goals set up by the UN
    • sawsanenn
       
      one of the main goals is to reach economic growth by empowering smallholders farmers to see agriculture not only as a survival solution but as an investment
sawsanenn

AgroCenta Aims At Going beyond the Ghanaian Borders by 2018 - Tech In Africa - 0 views

  • The company has got some investors like Greentech Capital Partners, Isebaltic Trust, World Trade Organisation and SANAD Technical Facility in Jordan among others. Currently, the startup has an ongoing agreement with various companies that include Guinness Ghana Breweries and is hoping to bring Nestle Ghana on board within 2018.
    • sawsanenn
       
      Building relationship and partnership with companies from other countries will allow agrocenta to bring more customers from other countries
sawsanenn

AgroCenta : empowering smallholder farmers in Africa through technology and innovations - 0 views

  • AgroPay is the financial inclusion platform for smallholder farmers where farmers in rural areas, without bank accounts, receive payments for goods and services via mobile money technologies.
    • sawsanenn
       
      It is a good service because it is a good alternative for smallholders farmers to receive secure payments even without owning a bank account
sawsanenn

AgroCenta - Funding, Financials, Valuation & Investors - 0 views

  • AgroCenta has raised a total of $2.2M in funding over 4 rounds. Their latest funding was raised on Jan 29, 2021 from a Seed round.
    • sawsanenn
       
      This excerpt shows the effective work of agrocenta, and how their revenues expended over four rounds
sawsanenn

AgroCenta - Greentec - 0 views

  • Agrocenta draws its revenue streams from the price difference between purchase prices (from smallholders) and prices sold to large off-takers. Agrocenta mobilizes a local network of agents and scouts, who work directly with the local farmer communities and engage in the pre/post-harvest process.
    • sawsanenn
       
      this excerpt is important because it shows how agrocenta encourages smallholders farmers to develop their businesses and face challenges by offering them many financial solutions.
sawsanenn

People on the Move: Islamic Finance for Pastoralists in the Horn of Africa - 0 views

  • Belcash’s CEO will describe the partnership and challenges he has faced in rolling out an agent network targeting pastoralist clients at the 2015 SEEP Opening Plenary: Private Sector Partnerships: Creating Sustained Impact
    • sawsanenn
       
      The challenge is explained by the lack of trust that the customers have toward digitalization. However, I think nowadays partnership is not a challenge as it was.
sawsanenn

BelCash story - HelloEthio - 0 views

  • With 17 strong through partnerships, across multiple sectors and an ownership structure in full compliance with the Ethiopian regulations, BelCash Payments-As-A-Platform model spurred numerous “HelloServices”. These services include airtime eTop-up, Pay-As-You-Go solar, Healthcare, eCommerce, Jobs, Entertainment, and many more, providing the Ethiopian population access to essential services through the HelloCash platform and agents network.
    • sawsanenn
       
      Thanks to these services offered, belcash has reached more than 1.4 million customers, and made it as the largest financial network in Ethiopia
sawsanenn

Ethiopia to Introduce Mobile Banking | Voice of America - English - 0 views

  • The government regulates Ethiopia’s telecommunications market, meaning that there is only one telecom provider and others are not allowed. Both BelCash and M-birr are strictly technology providers. M-Birr General Manager Thierry Artaud sees the regulated market as a benefit.
    • sawsanenn
       
      It is a good idea and good initiative from the Ethiopian's government because it protects Belcash From foreign competition since they will not allow big operations to enter the Ethiopian market
sawsanenn

Multi-bank and multi-bank mobile money service HelloCash launches in Ethiopia - 0 views

  • BelCash Technology Solution PLC has partnered with two banks to launch HelloCash mobile money services in Ethiopia. Launched in partnership with Lion International Bank and Somali Micro Finance, the service will provide financial services to all Ethiopians
    • sawsanenn
       
      This strategy will make financial services available to more Ethiopians, particularly national party, in order to push financial inclusion in the country. This will maximize capital expenditure for banks but also boost media recognition.
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