European tech company Saltside Technologies, which previously raised $25m from AB Kinnevik and has been in stealth mode since founding, is already a market leader in classified sites in Sri Lanka, Bangladesh, and Ghana.
Founded by former Skype employees, the company has experienced 300% annual growth since its inception three years ago by providing vital online infrastructure for emerging markets, at a time when the vast majority of people are using the internet for the first time. Continue reading →
Every1Mobile (E1M), which specialises in building mass audiences via mobile in sub-Saharan Africa, announced today (12th June) that it has raised $1.7m in angel investment.
Every1Mobile, founded in 2010, uses the power of mobile-enabled social networks to transform how organisations engage with young people aged 15-35 in sub-Saharan Africa and other emerging markets. E1M’s ultimate aim is to help young people in emerging markets enter the formal economy. The Company runs nine mobile sites covering Education, Health, Jobs and Entertainment.
The Company already records over 3 million monthly visits to its sites and serves 25 million pages each month. Users are equally split between male and female across South Africa, Nigeria, Ghana, Tanzania, Kenya and Zimbabwe.
“Mobile social networks in Africa allow us to engage with a vast, previously inaccessible audience of young people. The mobile phone has the potential to revolutionise access in emerging markets to information services across learning, health, agriculture, financial literacy, business support and sustainable livelihoods,” said ” Algy Williams, CEO of Every1Mobile.
South African company PriceCheck, has beaten off 100,000 other entrants to win the International App of the Year at the BlackBerry Live conference in Florida.
The app is an extension of the PriceCheck website, which is the largest price comparison site in South Africa and Africa. Developed five years ago, PriceCheck was introduced into Nigeria in May this year and plans to launch in Kenya and Ghana by the end of the year.
“What makes it truly outstanding for me is that it is a 100% South Africa-designed app that has won. It is also indicative that an app that helps users make better shopping decisions has won, and not a chat or social app.” said PriceCheck General Manager Andre de Wet.