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Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

While many Indians are unbanked, mobile phone adoption is on the rise. India has about 200 million mobile subscribers and is adding 5 million new users monthly. What are mobile payments? Mobile payment technology removes the need for direct access to a bank or credit union.

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Three Megatrends That Will Affect Everybody’s Business

YoungUpstarts

Over the next five years, some African economies (Ethiopia, Mozambique and Tanzania, just to name a few) are likely to grow as fast as, or faster, than some of the recent Asian champions. Infrastructure will need to be redone and rethought, creating a lot of openings for building and technology innovators. Explosion in technology. .

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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

industry in Tanzania. Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups. Marshall McLuhan wrote that “we shape our tools and then they shape us.”

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Traveling the world, meeting startups: What We learned

The Next Web

Silicon Valley is made up of solely one industry: technology, whereas countries in emerging markets have existing industries, around which entrepreneurs are innovating. With Safari Yetu, you pay online or via mobile, receive an SMS reservation or ticket and go to the bus station once; the day you are traveling. Africa ahead in mobile.

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Heart of Smartness: A Tech Accelerator for Africa

ReadWriteStart

Africa has most of the elements required for technology innovation. Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. My 3G connection in Tanzania is better than what I get in San Francisco.

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A Glimpse: My American Dream

thebarefootvc

At the Clinton Global Initiative last September, Pierre Omidyar, co-founder of eBay, announced a commitment from his philanthrocapitalist firm to invest millions of dollars in mobile applications and services, with a focus on developing markets globally. eBay is likely the most efficient “accelerator” to have existed to date.

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Heart of Smartness: A Tech Accelerator for Africa

ReadWriteStart

Africa has most of the elements required for technology innovation. Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. My 3G connection in Tanzania is better than what I get in San Francisco.

Africa 78