What Is Dollar-Cost Averaging? The dollar cost averaging strategy is one of the best strategy to implement in your investing. Investing can be challenging. Even experienced investors who try to time the market to buy at the most opportune moments can come up short. Dollar-cost averaging is a strategy that can make it easier to…
Engineering modern financial infrastructure for Africa’s supply chains . Ramani is a Tanzanian SaaS platform that helps salespeople track their inventories, register their customers and record their sales transactions. RAMANI was founded by IAIN USIRI The problem seen by RAMANI “Africa’s supply chains are broken because of a lack of data transparency and a lack of access…
NALA Money is an application that acts as an interface on top of the mobile money payment systems that allows the user to make transfers, payments, and transactions seven times faster, without data connectivity. With over 6 years experience across the board, NALA is led by a team that challenges the status quo. NALA has…
A public company is a company that has sold all or a portion of itself to the public via an initial public offering. The main advantage public companies have is their ability to tap the financial markets by selling stock (equity) or bonds (debt) to raise capital (i.e., cash) for expansion and other projects. A public…
Eric Muta is the founder and CEO, Problem Solved Ltd. Tanzania. He had a full-time job as a Software Engineer and created a small computer program that helped speed up processing of forms related to importation of goods at the Dar-es-salaam port. Within one month of use at that company, revenues skyrocket by $300,000. He…
Africa’s Billionaires list 2023 Africa’s wealthiest people shed a combined $3.1 billion in the past 12 months. As a group, the continent’s 19 billionaires are worth an estimated $81.5 billion – down from $84.9 billion a year ago, despite one more billionaire in the ranks. The 4% dip follows a 15% jump last year on…
