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Minus channelling a lot of resources towards product development, companies also spend quite a lot on marketing and sales. But then after doing all of this, many companies struggle to collect payments due to either the absence of effective payment tools or ignorance about the seamless payment tools available on the market. This is where […]

One of the key challenges faced by credit-offering institutions is payments’ collection. Many customers fail to pay promptly because they don’t have the funds while others may have the funds but are simply unwilling to comply. This is further worsened by the hard economic times currently witnessed globally. However, innovators are using technology to address […]

Even though eCommerce platforms have been around for decades, they were not very popular in Africa until 2020, when the unfortunate COVID-19 pandemic happened. The COVID-19 pandemic brought e-commerce platforms to the forefront as the world searched for safe and convenient ways of shopping. Since then, eCommerce has been a fast-growing business around globally. E-commerce […]

Tanzanian FinTech company, Ramani is leading the transformation of Africa’s supply chains through the development of the latest technology financial infrastructure. Founded in 2019, Ramani is focused on fixing fragmented consumer goods supply chains that traditionally suffer from a lack of data visibility and are burdened by limited access to financial services. It fixes this […]

It is not unusual that you will have TZS 100,000 in the morning and by evening you will have spent it all. This is so because while making more is hard, managing this money after earning is even much harder. But that is where technology comes in handy. Innovators have developed several tools to spearhead […]

Public road transport is a common and pocket-friendly type of transport across East Africa. It is either you use a bus, coaster, taxi, cab or get a motorbike. Motorbikes have over the years been transformed into different types and given different names. Depending on the East African country you reside in, you will hear names […]

Now and then, you may have to purchase a particular product or service. Usually, most of these purchases are done with full payments. That is to say, if Item X costs TZS 200,000, the buyer will make this payment and then acquire the said item. The other way goods and services are acquired is on […]

Insurance penetration in Africa is very low with South Africa rated highest, at only 12 percent. In Tanzania, Insurance penetration stood at less than 2 per cent by the end of 2021. It is the same story across East Africa; Uganda – 1 per cent, Burundi – 1 per cent, Rwanda – 2.3 per cent […]