Category Archives: South Africa

Uncertainty and The Prepaid Economy: Time and Money

Uncertainty characterizes the entire global Prepaid Economy and is the underlying driver for decision making. Systems are unreliable Inadequate infrastructure, variability in basic services (will we have electricity this morning?), obsolete or incomplete systems; all of these, and more, are part and parcel of life in the emerging regions of the world. Will we wake […]

Also posted in Airtime, Alternative currency, Banking, Business Models, Cashless transactions, Consumer Behaviour, Culture, Economy, Ecosystem, Emerging Markets, Flexibility, Frameworks, global, Income, Mobile platform, Perspective, Prepaid Economy & Informal Sector, User research | Tagged , , , , , | Leave a comment

How social networks can share the cost of technology – An innovative payment plan

The original Prepaid Economy project grant from the iBoP Asia Project required me to design a payment plan for a shared community asset based on the exploratory user research on households managed their finances on irregular and unpredictable incomes. For the first time since I started looking into this space back in 2008 I’ve come […]

Also posted in Africa, Base of the Pyramid, Business Models, Consumer Behaviour, Design, Indigenous & Traditional, Marketing, Prepaid Economy & Informal Sector, Research, Savings, urban | Tagged , , , | Leave a comment

The Rise of the African KINGs

The Abraaj group announces yet another African investment fund, one which emphasizes the following: The sectors include consumer goods and services, consumer finance, and resource and infrastructure services in the core countries of Nigeria, Ghana, Côte d’Ivoire, South Africa and Kenya.  While South Africa tends to be de facto in most continental investments, note the […]

Also posted in Africa, Business, Emerging Markets, Kenya, Nigeria, Perspective, Strategy, Sub Saharan Africa, urban | Tagged , , , | Leave a comment

Questioning Convention: Comparison Metrics for Competitive African Markets

Taking the question of appropriate and relevant metrics by which to assess competitiveness (rather, attractiveness) of the emerging African consumer markets further, I decided to dig up some analytical infographics to compare and contrast their approaches. Urbanization is a current favourite, and here are two similar looking visuals from two different perspectives. The first is […]

Also posted in Africa, African Consumer Market, Analysis, Assumption filter, Emerging Markets, Frameworks, Prepaid Economy & Informal Sector, Strategy, Sub Saharan Africa | Tagged , , , , , | 1 Response

Mapping global seasonality: national times of abundance and scarcity?

Connecting some dots made me think of this exercise. If national governments are increasingly looking at ways to bridge the informal economy with the formal, in order to provide more inclusive benefits to their citizens and at the same time there’s an increasing focus on providing inclusive financial services to those outside of the formal […]

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Why South Africa should not be the entry point to reach Africa’s emerging consumer markets

This post is about something I’ve been musing upon for some months now, ever since my 2011 project which took me around rural and small town Kenya visiting with a variety of cyber cafes. Since then, many other well respected Kenyan professionals that I’ve spoken with, either in person or online, have confirmed my suspicions […]

Also posted in Africa, Analysis, Assumption filter, Business, Consumer Behaviour, Culture, Emerging Markets, Indigenous & Traditional, Innovation Planning, Marketing, Perspective, Prepaid Economy & Informal Sector, Sub Saharan Africa, User research | Tagged , | Leave a comment

Business model innovation, with caveat

About 3 or so years ago, there was much fanfare about the impending launch of Airtime Airlines, a South African venture that planned to offer a whole new way to purchase flights. One could use airtime minutes and buy tickets immediately or save up towards its purchase over a period of 6 months by sending […]

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Welcome to Bazaaristan: global informal economy being recognized

Across the globe, 1.8 billion people — a quarter of the world’s population — work off the books each day. They are paid in cash for the goods they sell and the services they provide, and due to their ubiquity, there’s a word for these merchants in nearly every language. As Robert Neuwirth reports, in […]

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The global prepaid economy – map

Also posted in Airtime, ASEAN, Business Models, Economy, global, India, Kenya, Mobile platform, Philipines, Research, South Asia, Sub Saharan Africa | Leave a comment

Worldwide informal economies – infographic

Source

Also posted in Africa, ASEAN, Base of the Pyramid, Economy, India, Informal & Flexible, Kenya, Philipines, Research, South Asia, Sub Saharan Africa | Leave a comment