Did You Know even small collectives can be listed on the stock exchange?

Did You Know even small collectives can be listed on the stock exchange?

As a small innovator it is sometimes daunting to see the big firms in your space that you have to somehow compete with. In the technology sector there are the likes of Google, Facebook, IBM, Microsoft competing in Africa to make a change and find new investments. If these huge companies are entering Africa, what is the point of trying out your own innovative ideas right? WRONG!

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There may be big companies in the market, whether from outside Africa, or innovative companies like Safaricom. But, that does not mean there are not opportunities for other companies to grow to compete with them. Finding a small problem, creating a small solution can lead you into a business that grows and grows.

This was the case for Habari Node. They are a Tanzanian Internet Service Provider, who recently became the first tech company to list on the Tanzanian stock exchange. That they are the first tech company is a considerable step for the Tanzanian tech sector, but the story of how they got their is what is inspiring.

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In 1994 in the UK, email was not widely used. I remember using an old computer in my primary school that was not connected to the internet. During a communications week Continue reading “Did You Know even small collectives can be listed on the stock exchange?”

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Did You Know MTN has awarded South Africa’s best apps of 2017?

Did You Know MTN has awarded South Africa’s best apps of 2017?

Another week, another award ceremony showcasing African Innovation. And it is another popular one! The MTN Business App of the Year Awards took place on the 12th of October in Johannesburg. MTN, Africas largest mobile operator, is one of the continent leaders in the search for the next big African innovation. One the one hand, they are interested in finding innovative solutions to social problems, and on the other hand, finding and investing in these innovations can only further develop their business.

With the Innovation Prize for Africa, Seedstars, AppsAfrica awards and many more, Africa is becoming a greater focus of innovative talent. And the world is beginning to take notice. As well as fostering this talent and encouraging people in Africa to follow through with their ideas, these awards help change the mindset of investors outside of the continent. It is now possible to see that Africa does in fact have an incredible pool of responsible, hard working talent that can be tapped into. It is no wonder we are seeing more and more stories about big firms, such as Microsoft, heading into Africa to invest.

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As usual, we will feature some of our favourite winners from the MTN Business App of the year below.

SHYFT- Overall winner

SHYFT not only won the award for Best Financial Solution, but they took the overall winner award. Shyft, from Standard Bank, enables customers to purchase currency and transfer money overseas all from the comfort of their mobile phone. Forex can be purchased and stored on the phone and transferred when needed. The purchased currency, which is in USD, GBP, EUR and AUSD, can also be used through virtual cards, which means international online shopping is now possible.

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Continue reading “Did You Know MTN has awarded South Africa’s best apps of 2017?”

Did You Know African innovators can get comprehensive support online?

Did You Know African innovators can get comprehensive support online?

If you have an interest in African innovation and technology, the African Innovation Foundation (AIF) is probably an organisation you have come across in your reading. If the name doesn’t ring a bell, they are the Swiss based organisation that runs the Innovation Prize For Africa (IPA). The IPA has been awarding African innovation for 6 years, with the 7th edition set to take next year. Earlier this week they begun their search for the next African innovations to take centre stage and compete for the generous prize and network offered. If you want to read more about their most recent winners check out the following blogs:

IPA2017 Part 1

IPA2017 Part 2

IPA2017 Part 3

The IPA may be the show piece of the AIF, but there isn’t just one string to their bow! Projects like the African Law Library, which is aimed at opening up legal information to anyone in Africa, have been pioneered by the AIF. Another project that will benefit potential African innovators is ZuaHub.

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ZuaHub is a connector

ZuaHub is an online platform that links African innovators or resources in order to help them develop their ideas and give them the best chance of becoming successful. Becoming a successful innovator, where ever you are in the world, is not just about having a great idea. It can be a long process from the initial idea, to successfully launching on the market. There needs to be feedback from potential users, access to Continue reading “Did You Know African innovators can get comprehensive support online?”

Did You Know you can find anywhere in the world with just 3 words?

Did You Know you can find anywhere in the world with just 3 words?

Last week, AppsAfrica announced their finalists for this years awards. Their awards ceremony will take place in Cape Town on the 6th of November 2017. We featured some of our favourites in our previous blog, but with such an exciting array of innovations, there simply wasn’t enough space to feature more. So, in this blog, we will cover some more of our favourite innovations that will battle it out in Kigali.

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A couple of weeks ago, I was in the north of England looking for a particular address using the Satnav in the car. I put in the post code, drove where I was told, and found I was still 5 minutes from my actual destination. We have worked with addresses the same way for centuries, name or number of a house, street name, town, county/state and post/zip code. In the new digital world, there is surely a more efficient way to deal with addresses. We featured an idea on Inventive Africa a while back, which offered a new way to look at addresses, but What3words have come up with another solution, to help you locate any 3m X 3m spot on earth. They have created unique 3 word signatures for every little plot on the planet.

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The What3words grid

Continue reading “Did You Know you can find anywhere in the world with just 3 words?”

Did You Know AppsAfrica awards 2017 has announced its inspiring finalists?

Did You Know AppsAfrica awards 2017 has announced its inspiring finalists?

It may be one of the newer innovation awards in Africa, but AppsAfrica is also one of the most exciting and a place to find the tech to watch over the next year. And, excitingly, they have just announced their next batch of finalists and there are loads of them! This means, over the next few blogs, Inventive Africa will feature our favourites from across the board and I can’t wait to discover what new ideas are coming out of Africa. The annual Awards now in their third year attracted over 300 submissions from across 31 countries.

Some of the finalists have in fact already been featured on Inventive Africa. Of course, Farm Drive are there. Their innovative farm solutions have adjourned award ceremonies for over a year. Also Featuring amongst the finalists are Mastercard 2Kuze, who assist small holder farmers financially, Carter, a Tinder app for car buying, Flutterwave, a digital payment specialist across Africa, PiggybankNG, a previous winner that encourages saving, We are not surprised to see these incredible innovation continue to make waves, but which are the next big African technologies?

Trend Solar

Solar energy is creating great change in many communities in Africa. Organisations like Solar Sisters are empowering people in their business and home life. Trend Solar are doing the same by distributing  and financing a range of solar systems. Their systems are aimed at both low income houses, with a 70 Wh systems, up to 32 Kw all in one mini grid systems for companies or communities.

The Tr70 kit comes including a solar panel, solar battery device, two Led light bulbs and lamp holders, a portable rechargeable LED tube light, and even a solar smartphone! So they not only enable a safer living environment, away from candles and dangerous kerosine lamps. The smart phone is vitally important as it enables the consumer buy their energy on a pay as you go basis, using of course mobile money.  The smart phone also means that the individual or family have access to many other important information, regarding their business, education, savings, or even entertainment. With many under privileged families in Africa spending 35% to 30% of their income on lighting and phone charging, this solution should drastically reduce this expenditure and enable funds to be spent on self development. (or saved)

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Trend Solar enabling family time

Girl Effect – TEGA

In a time where the world is trying to create equality for all, girls and women still lag behind in many circumstances. Often, research into the lives of girls and attitudes towards girls is hindered. Often men are doing the research, or the head of a household is a man, which alters the information. TEGA is a girl operated mobile enabled research tool, which gives an accurate insight into the lives of girl. TEGA teaches girls from 18-25 to collect meaningful, honest data about the worlds they live in, in real time. Any research made can be uploaded in a matter of minutes, and be analysed shortly after.

Not only does TEGA enable girls to portray the reality of their lives, which can inform policy and create greater awareness to the issues that girls face around the world, but it also gives girls employable skills for their future. They are currently operating in hard to reach areas in Nigeria, Malawi and Rwanda.

JUMO

Financial planning is not possible for everyone. How should a small hold farmer get access to funds to develop his business, when it is impossible for him to get a credit rating. Without this, they may not be able to access a good savings scheme, or other benefits offered by banks. JUMO seeks to change this by using behavioural data form mobile usage to build a financial identity for the individual.

For many people, having this rating will mean their first contact with a bank. This will change their lives completely, with the ability to save for a rainy day, develop their businesses, and provide more for their families. JUMO is offering loans, easy ways to repay, and also easy ways to pay for good. A one stop shop! Check out their inspiring video below

Fintech is providing incredible opportunities for the unbanked. It is creating a new type of financial culture in Africa. Mobile money, like MPesa and its spinoffs are providing security for families, which was not previously possible. JUMO are not the only innovation in the same field. We featured Lending Square a few months ago, who are creating credit ratings in a similar manner in Ghana. Don’t be surprised if they are winning awards soon also!

Unfortunately we don’t have enough space in this blog to feature all of the fantastic innovations that will feature in this years Apps Africa. But, in upcoming blogs, we will continue to talk about some of the others.

If you know of any innovations in Africa, an innovation that is changing lives, or you also want to be a guest blogger, get in contact with us on Twitter @inventiveAfrica or via email. Please she the blog with your network on Twitter and Facebook. Also, don’t forget to check out and like out Facebook page!

For more interesting blogs about African Innovation, check out our homepage.

Did You Know the IoT can transform Africa?

Did You Know the IoT can transform Africa?

The Internet of Things (IoT) is exciting and worrying many around the world. We are becoming more and more connected to each other and our devices. Some are worried that our fridge may know too much about us, and even Google have put in an option to close an advert by stating the it “knows too much about you”. But the IoT is far more than our fridges telling knowing what we need, and turning out lights on before we reach the house. It can have far reaching advantages for everyone, and with the spread of internet in Africa, it has a fantastic change to take advantage of it. Currently, Vodacom in South Africa, are averaging about 55,000 new IoT connections every month. A trend that is likely to expand exponentially across the continent.

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Africa has many problems that must be solved if it is to continue to grow. We can’t escape this fact. The IoT has the chance to clean up many of the dodgy practices that are taking place. Finances or companies and institutions are often topic of discussion in African news. Continue reading “Did You Know the IoT can transform Africa?”

Did You Know Africa has its own social network?

Did You Know Africa has its own social network?

Social media has revolutionised the way we interact with each other, learn, discover new music and books, receive the news, and network, socially or for jobs. Now, with a few clicks, and a little typing, you can communicate about anything with anyone all over the world. It is not just Facebook of course, there are different networks for different reasons. Linkedin has cornered the market for professional networking, and information sharing, and Twitter and Instagram have their different uses, whether for gathering news or admiring people’s food!

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Today, we are fortunate to have an African social media company in focus on Inventive Africa. VibeCampo have turned guest bloggers and have explained their revamped social network, which has just relaunched. So, what is VibeCampo..?

Are you a Kenyan student with the urge of connecting and growing together with others? VibeCampo is the social network that students from campus’ across Kenya, and the African continent, should join. The social network is scheduled for relaunch this September and hopes to attract even more users across Kenya. VibeCampo has undergone rebranding in terms of the logo, which the company arrived at after series of consultations and engaging users regarding the type of logo to be used.

The social network brags about of having bigger numbers in terms of users. The company has crafted their motto and made VibeCampo not just a social network but a place where young entrepreneurs can track their goals, pitch their talents and participate amongst similar minds.

Continue reading “Did You Know Africa has its own social network?”