Saturday, 7 May 2016

Africa Lately: On KongaPay, M-KOPA And Value4Naira.com

E-commerce is one thing that is spreading across Nigeria and Africa as a whole, and companies and businesses are taking advantage of it. Recently Konga launched its payment service, KongaPay which has actually existed for some time now. We could call it a 'relaunch' if we want, but it has been on the Konga platform since August last year. But now is adding new features and extending KongaPay as a payment method to consumers outside the Konga.com platform.

Konga which is founded by Harvard MBA holder, Sim Shagaya, just last month launched KongaPay which is considered Konga's PayPal to Ebay.
KongaPay's "Me-Commerce" option will allow any business in Nigeria to create their own QR payment code from a mobile phone image. Social networks like Instagram, Facebook, and WhatsApp will now have a new payment option in Africa, which is the KongaPay. Awesome right?

This move is in line with Shagaya's vision to create a 21st century operating system that will better connect buyers and sellers across Africa. Way to go! Ah! KONGA!

Now, M-KOPA Solar is a power startup that is lighting homes of low income across East Africa via mobile money leasing.
M-KOPA is presently in 330,000 homes in Kenya, Tanzania, Uganda and just recently, Ghana and plans to enter new African countries in the near future.

The company was co-founded by Jesse Moore, Nick Hughes at Vodafone, and Chad Larson.
The M-KOPA baseline box-kit comes stocked with a solar panel, lights, radio, multi-device charger and a pay-as-you-go SIM card.

The company, which launched in 2012, has Safaricom and M-Pesa as its finance partners in Kenya and Tanzania while customers in Uganda make payments via MTN Money or Airtel Money.

Coming to Nigeria, M-KOPA's Jesse Moore noted that there is "huge potential" but said that due to kerosene subsidies and the "not-so-patronized" mobile money scenario, the model is restricted for now.
M-KOPA is looking to better its services with new financing options and powerful solar charging capacity as well as additional product packages like its flat screen TV which it first offered in February. Good thinking.

Back to Nigeria, Value4Naira.com is Nigeria's latest online supermarket which is assuring Nigerians of the best prices and services. It intends to cater to the needs of busy Nigerians in terms of grocery shopping and purchase of household items.
"We want to ensure that Nigerians enjoy beautiful shopping experience while enjoying a premium customer service at the cheapest prices," says Umeike Ernest, Chief Operations Officer.

According to Ernest, the company has a team of experienced persons with over 15 years experience in the Fast Moving Consumer Goods (FMCG) market segment, banking and e-commerce.

"This gives us a good understanding of customer needs in terms of price sensitivity, robust supply chain and dynamic customer care. We have chosen the supermarket part of e-commerce because we know that we can assure customers of the best prices, widest range of options and effective supply system to make this a wonderful shopping experience" says Ernest.

Concerning making its quality of service, it announced that it has secured a number of partnerships.
"We have gone into partnerships to ensure that our customers are assured of cheapest prices in e-commerce in Nigeria. The partnerships grow by the day and can only serve to reinforce the quality and variety of products and prices customers pay."

It's looking at being the fastest in terms of delivery with a same day delivery option for orders made before 11am within Lagos, and the next day for orders made after 11am. Pretty cool!

Low prices! Good quality! Quick delivery! Works for me.