Press Releases

2014 (1)
2012 (1)
2011 (1)
2010 (2)

A mobile platform called MoBiashara aims to reduce supply chain credit risk and compute an alternative credit scoring that promotes access to finance.

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Across the African continent, internet penetration is low, computers are often too expensive to purchase, and online business transactions can be logistically complicated to execute.

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Two companies committed to reducing poverty in Africa by expanding markets and empowering consumers have joined forces, providing a major boost to a breakthrough mobile technology already changing the way the continent does business.

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In much of the world, shopping online involves browsing e-commerce sites or typing what you want to buy into a search engine. In countries where Internet-connected computers are a rarity, a Seattle-based startup called Slimtrader hopes to offer Internet shopping via text message instead.

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In South Africa, marketers are contending with a seismic shift: the rapid rise and distinctive demands of black consumers, who are claiming the market space long denied to them. Already, there is a stark difference between the shopping experiences of black and white consumers, a recent McKinsey survey found—a difference that was even more marked among the most affluent respondents.1

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