Digital Africa, an oxymoron? Think again!

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Digital doesn’t exist in Africa

description

At Stream11 shared few facts and learnings from Sub Saharan Africa; how this part of the world is leading digital practices in banking, mobile and innovation.Banks have evolved from brick (branch) to bit (online) banking, but future belongs to virtual banking, where we can carry digitized form of money and pay anyone, at anytime instantaneously. Most of Sub Saharan markets are doing Mobile Commerce (M-PESA) for last couple of years.Mobile as primary device, world will take another 3 years, where as Sub Saharan markets its always been primary and the only mode. Digital innovation in Sub Saharan Africa is not driven by lifestyle, its about life and about livelihood. for questions @gauravtwits

Transcript of Digital Africa, an oxymoron? Think again!

Page 1: Digital Africa, an oxymoron? Think again!

Digital doesn’t exist in Africa

Page 2: Digital Africa, an oxymoron? Think again!

Singapore

Jakarta

kuala lumpur

ShanghaiNew Delhi

Mumbai

Sydney

Nairobi

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It’s not about technology it’s about technology’s immersion into everyday life. And that’s enabling Africa to grow in a totally different direction

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UNBANKED

UNWIRED

UNRESTRAINED

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Kenya

43Banks

1000Branches1500

ATMs

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M-Pesa

World'scommercial mobile money transfer system.

25000 M-Pesa agents.

18 millionusers

person-to-person US$

366.783 million per month.

More transactions domestically than western union does globally

1st

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World'scommercial mobile money transfer system.

1st

M-Pesa

A bank account in partnership with Equity bank

M-Kesho

International Money Transfer Service

Western Union and M-pesa International money transfer service

A ticketing service allowing one to buy tickets on their mobile phone

M-Ticketing

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UNBANKED

UNWIRED

UNRESTRAINED

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mobilepenetration

50% 55%use mobileto access internet

18 - 24

13 - 17

under 13over 35

over 35

agegender

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5/10

percentage of highly engaged users online

are african countries

Morocco

51%Egypt

56%Tanzania

42%South Africa

51%

Turkey

51%Saudia Arabia

56%UAE

42%China

51%

Kenya

51%

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WESTERNEUROPE

More subscribers than

547.5 million 20% yoy

5/10

percentage of highly engaged users online

are african countries

Morocco

51%Egypt

56%Tanzania

42%South Africa

51%

Turkey

51%Saudia Arabia

56%UAE

42%China

51%

Kenya

51%

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UNBANKED

UNWIRED

UNRESTRAINED

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MOBILE PHONE SERVICE FOR RURAL USERS WITHOUT A HANDSET

MOVIRTU

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EMAIL AND SMS FOR THE UNCONNECTED IN AFRICA

ETXT

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STORIES OF INNOVATION FROM THE DEVELOPING WORLD

UFAHARI

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CONNECTING FARMERS TO REAL-TIME PRICE INFORMATION

M-FARM

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CROWD SOURCED MAPPINGMADE IN AFRICA

USHAHIDI

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USING SMS FOR HIV CONTROL

SMS FOR HEALTH CARE

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THANK YOU

Gaurav Singh@gauravtwits