Investors should consider the exciting investment opportunities on the continent of Africa. So should you buy a property, get involved in mining or investigate the technology? Sub-Saharan Africa is finally realising its potential for economic growth, as smartphones outpace feature phones.
Technological Advances
The next innovation that is being taken up by more Africans than anyone else globally is mobile money. Mobile money is a form of electronic money and users do not need to have a bank account to use it. Africans are leapfrogging the need to roll out bricks and mortar branches in order to bank the enormous number of unbanked people. Banks are collaborating with mobile phone operators as well as developing innovative channels and agency models to be able to reach new customers cost-effectively. The benefits to mobile money customers are undisputed. It is incredible to think that soon most Africans will have used their mobile phones to “bank” their cash and transact with each other without ever having set foot in a bank branch – or ever using internet banking for that matter.
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http://www.zoona.co.za/ Zoona, the number one mobile money operator in Zambia. Zoona offers these Emerging Entrepreneurs an opportunity to provide money transfer and other payment services to low-income consumers, while earning commissions and creating employment.
Mobile Social Network 2go
2go launched mid-2009 is a social network of millions of people from all over the world. They have achieved over 2 million monthly active users on its Android app in just over a year.
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http://www.2go.im/ 2go has 50 million registered users, over 10 million of which are active on a monthly basis, sending 6 billion messages a month across Africa with the majority of users in Nigeria.
The South Africa Market, Mobility in Enterprises
Huawei’s eSpace 8950 answers the call for true mobility in enterprises. Huawei has launched its new-generation full-HD intelligent desktop phone. More than an IP phone or a video phone. The device offers a full-HD 1080p camera as well as full-band voice.
http://www.itnewsafrica.com/
http://www.huawei.com/en/ Huawei Technologies Co is a Chinese multinational networking and telecommunications equipment and services company.
Other news
https://www.ding.com/ Ding – a service that allows people to top-up the phone credit of a friend or family member in another part of the world. Top-up any phone, anytime, anywhere. The Ding service is in a growth stage in Africa.
http://www.dreambitcoinfoundation.org/ Dream Bitcoin Foundation is a non-profit organization created by a young Ghanaian Bitcoin enthusiast, Philip Asare, to empower young crypto entrepreneurs in Ghana. Ghana offers an ideal test bed for Bitcoin business models that may flourish all over Africa because of the weak traditional banking infrastructure and high usage of Android mobile phones.
East Africa Nairobi Parking Payments Now With Airtel Money
Airtel Money currently has more than 1500 agents in Nairobi and now Airtel recently partnered with Jambo Pay and Nairobi City County have introduced a payment option for parking fees via the Airtel Money platform. Customers can alternatively download the Nairobi City County App on Google Play from an Android Mobile phone, or access through the internet via the Nairobi City web portal.
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