Worth reading, from Christopher Olobo of Dhamana Guarantee Fund.
A bank looks at a small business with no collateral and says no. Dhamana is in the business of turning that no into a yes.
businessdailyafrica.com/bd/o…
140+ orgs quietly launched Open USD this week.
The folks building for the continent should be holding a lockdown meeting about where cross-border payments are actually headed. joinopenstandard.com/ @endichu @AliHKassim @shollsman @Benji_Fernandes
Mesh retweeted
Are you a student at a Kenyan university who has owned and operated your business for at least six months? Join the @EO_GSEA for a chance to refine your business model through personalized mentorship from Kenya's top business leaders!
🔗 Apply: gsea.org/GSEA/GSEA/Apply.asp…
Last year, @SendyKenya Fulfilled ~$200m worth of goods that have given us interesting insights into the changing modern retail in East Africa:
The demand for smaller, more frequent and faster orders to supermarkets is growing extremely fast!
Here is why:
into smaller orders now and deliver them directly to 50 stores of a single Supermarket chain. That is a 50x change! That has left the suppliers scrambling to keep up, and, in some cases, the cost to fulfill an order exceeds the value of the order itself.
Mesh retweeted
We are delighted to announce that we have secured $2.7 million in funding to support the expansion of our HR, Payroll, & Benefits solution across Africa. We welcome new partners onboard, incl. @LaunchAfricaVC ,Saviu, Acadian, @Proparco , @FondationBotnar , Kara, & @AxianGroup.
We're excited to announce that Workpay has secured $2.7M Pre-Series A funding round to continue expanding our HR, Payroll, Compliance, and Benefits solutions across Africa!
techcrunch.com/2023/02/21/yc…
@PaulNKimani @kibigo @ycombinator @AxianGroup @Proparco
We heard you. You wanted your customers to choose when it is the most convenient time to receive their orders.
That is why @SendyKenya made 2 product changes:
1. As a merchant, you can now choose up to 4 delivery options:
Mesh retweeted
It has taken a village to raise Kenya’s startup bill, congrats to all stakeholders. As Paul said 1 Corinthians 3:6 ‘I planted the seed, Apollos watered it’ many contributed to the journey leading to this moment! @SakajaJohnson @SheilahBirgen @ifmesh @njonjo2012 @afromusing
Our mission at @SendyKenya is to make it easy for businesses to trade across Africa. We want to do to Africa what Alibaba has done for China. This is a two decade goal. We are just in year 7 in 4 countries. It's still day 1.
Replying to @ifmesh @SendyKenya
Step 3/3: Build Financial services to enable these businesses to grow further
















