A media company focused on technology and innovation in Africa, providing insights and news on the tech ecosystem.
Why M-KOPA is using smartphone repayments to expand digital lending
M-KOPA has served nearly 10 million customers and deployed over $2 billion in credit. The company uses smartphones as a gateway to offer digital credit and other financial services.
Why global investors keep missing Africa’s biggest climate opportunity
Investors have committed $44 billion annually to climate finance in Africa, up nearly 50% from previous years. Local fund managers argue that financial instruments are designed for mature markets, not small local enterprises.
PawaPay crosses 3 billion transactions on Africa’s mobile money rails
PawaPay processed three billion mobile money transactions, reaching its latest billion in less than nine months. The company doubled its daily transaction volume to five million payments.
AfricInvest partner George Odo on lessons African founders never receive
George Odo observes that older individuals struggle with technology, highlighting a gap in market adaptation. Odo transitioned from NGO finance to private equity, emphasizing the importance of commercial capital over aid.
The Next Wave: Escaping the bog
A theory suggests that local capital mobilization is the primary obstacle to building functional capital markets in Africa. There is a consensus on the need to mobilize more local capital, but disagreements exist on whether to focus on fast-growing or slow-growing segments.
