JOHANNESBURG (Reuters) – South Africa’s Standard Bank has taken a stake in local fintech firm Nomanini to offer credit to potentially millions of small shop owners and other informal retailers across Africa that have limited access to banking services. Africa’s biggest bank by assets has invested $4 million in Nomanini, which connects informal merchants with […]
Dot Com Zambia is proud to announce that it will be launching its “E-Business Solutions for small and medium sized Zambian companies” on July 1, 2017. The E-Business initiative is a multi-dimensional project that will result in the creation of a local and global e-commerce platform that local Zambian companies can use to market and […]
eVentures Africa Fund was launched in 2010. Since 2016 we’re fully invested. We’re currently considering the launch of a 2nd Fund. Further announcements can be expected by mid 2017. eVA Fund is dedicated to mobilize capital and sustainable tech experience to invest in small and medium sized African internet related companies. eVA Fund focusses on […]
Vahid Monadjem is the founder and CEO of Nomanini, a South African-based payments platform provider that enables transactions in the cash-based informal retail sector. He is a trained engineer with extensive innovation and product design experience. Before founding Nomanini, he was McKinsey & Company’s Global fellow for emerging market product development. He has worked in Africa, South […]
South African-based enterprise payments platform provider, Nomanini, has raised an undisclosed round of funding from impact investment firm Goodwell Investments. The investment in Nomanini is the second on-the-ground investment made by Goodwell Investments in South Africa from its EUR 50 million uMunthu fund, which is targeting startups and high growth companies in the financial inclusion […]
Kukula Capital (“Kukula”), a leading Zambian venture capital investor, and eVentures Africa Fund (“eVA”), a leading Dutch venture capital fund specializing in E-commerce in Africa, are pleased to announce the signing of a transaction with Dot Com Zambia, a growing e-commerce company headquartered in Lusaka, Zambia. Kukula and eVA have jointly agreed to initially invest […]
MoboFree is an African-based mobile marketplace with a social twist that allows people to buy, sell and swap products with each other. The goal for the startup-turned-growth-company is to position itself as Africa’s leading mobile scam-free marketplace while striving to favourably compete with a much richer OLX. I sat with the CEO and co-founder of […]
Nomanini celebrated International ‘Girls in ICT Day’ in an effort to support the campaign to involve girls in the Information and Communication Technology (ICT) profession. Every year on the fourth Thursday in April, the International Telecommunications Union (ITU) and the global technology community celebrate ‘Girls in ICT Day’, an awareness-raising initiative designed to promote studies […]
According to a report released by McKinsey and Company, e-commerce could account for 10 per cent of retail sales in Nigeria by 2025. Social marketplace, Mobofree is contributing to this rapid development with 2 million monthly active users and over a thousand per cent jump in the number of classifieds published from Nigeria in the […]
Umuntu Media’s passion for local African content started in 2010 with the launch of country portals and the award winning Mimiboard technology that facilitated local content creation and unlocking access across Africa. The experience, technology lessons and partnerships formed over the last years helped us to further integrate and develop technology products that matter. Now, […]
