Untapped Global

23/07/2024

Thrilled to announce we've invested in ElimuTab to finance educational tablets to improve access to education in Kenya.

Founded in 2022 by Kahinga and Wairimu, ElimuTab is one of Kenya's first educational tablets specifically designed to support various curricula and meet the diverse learning needs of Kenyan students. Here’s why we’re financing their growth:

📖 Access to quality education: Elimtab improves the quality of education by providing access to a wealth of educational resources and interactive learning tools.

⚖️ Reduced inequalities: By partnering with financiers like Untapped, ElimuTab lowers tablet costs, making high-quality learning materials accessible to all students

“Untapped's financing has not only eased this burden but also opened up opportunities for us to access larger markets. Now, we can reach more schools, empower more teachers, and inspire countless students. It is incredibly fulfilling to witness our mission of democratizing education come to life.” - Anthony Kahinga

Learn more about why we invested in ElimuTab: https://untapped-global.com/insights/why-we-invested-in-elimutab-democratizing-access-to-education-in-kenya

10/07/2024

☀️ provides solar -powered irrigation pumps to agribusinesses in Tanzania and Rwanda enabling farmers to maintain year-round field productivity.

Here's why we're backing their growth:

✅ Financial Inclusion: Pay-as-you-go financing options and cashless payment systems provide small-scale farmers with access to asset financing for essential farming equipment, such as solar pumps.
✅ Increasing incomes: With Simusolar, farmers can break their dependence on seasonal rains by growing and harvesting crops year-round, transforming their farms into profitable enterprises. Farmers can invest in other high-quality inputs with the additional income, creating a cycle of increasing profits and yields.
✅ Climate change adaptation: By reducing farmers' reliance on unpredictable rain patterns, Simusolar helps rural communities adapt to climate change and enhances food security in emerging markets.

Read more: https://untapped-global.com/insights/why-%20we-invested-in-simusolar-climate-smart%20agriculture-for-smallholder-farmers

22/05/2024

Founded by Valerie Labi, Wahu is electrifying Ghana’s delivery sector. They’ve set themselves apart with their;

⚡️ Clean & efficient e-bikes: reducing emissions and promoting environmental sustainability.

🇬🇭 Locally-made focus: designing and manufacturing e-bikes adapted to local needs such as transporting heavy goods, durable for rough roads, and equipped with dual batteries for all-day use without charging.

🚴🏽‍♂️ Rider-centric model: Creating a path to asset ownership and economic independence for their riders through their rent-to-own program.

Our Smart Asset Financing model enables Wahu to expand access to e-bikes in Ghana, creating more jobs for gig workers.

Learn more about Why we invested in Wahu:

21/05/2024

🚌 Safiri, meaning "travel" in Swahili, is transforming the Tanzanian transport system. Their solution revolutionizes ticket booking and parcel tracking, empowering businesses and communities by:

✅ Expanding customer reach: Safiri's user-friendly digital platform attracts new customers, helping transportation businesses increase their revenue streams by an average of 15%. This strengthens their financial position and fuels their ability to contribute to the local economy.
✅ Bridging the connectivity gap: Safiri is bridging the gap between communities and essential services by making transport information like schedules and routes readily accessible online.
✅ Financial inclusion: Safiri promotes financial inclusion by providing cashless payment options and facilitating access to affordable transportation for everyone.

Through our Smart Asset Financing model, we are financing Safiri's productive assets, such as POS devices. These assets generate valuable data on location, usage, and transactions, offering insights into Safiri's growth.

Learn more about why we invested in Safiri:

08/05/2024

"Untapped Global has created a unique lending program to help address Africa's massive SME funding gap. The company combines cutting-edge digital technology and strong field building systems to properly source and de-risk asset-backed financing programs. Their unique revenue sharing structure provides debt repayment stability for the borrower while delivering market rate returns to investors." - Donald Dolifka.

Read more about why Toniic members invested in Untapped: https://toniic.com/why-toniic-members-invested-in-untapped/

In Africa, Small-and-medium sized enterprises (SMEs) contribute to an estimated 80% of total employment. SMEs are the backbone of economic growth on the continent. Sub-Saharan Africa has an estimated 44 million formal MSMEs (Micro, Small ... Read more

07/05/2024

We're thrilled to partner with eWAKA to finance the expansion of their electric cargo bicycle fleet! Founded by Celeste Vogel, this East African startup is revolutionizing urban delivery with sustainable, affordable e-mobility solutions.

Their mobility solutions contribute to:

✅ Reduced pollution and lower carbon emissions: eWAKA's electric bicycles emit zero tailpipe emissions, contributing to cleaner air and healthier urban areas.
✅ Affordable transportation options: Their e-bicycle rentals and battery-swapping services offer a cost-effective petrol alternative for businesses and individuals.
✅ Job creation: eWAKA's electric bicycles create opportunities for young Kenyans and Rwandese to access employment as delivery riders, fostering economic inclusion.
✅ Improved operational efficiency for businesses: eWAKA's services, including rider training and fleet management systems, help businesses optimize delivery operations and reduce costs.

Read more on why we invested in eWAKA: https://untapped-global.com/insights/why-we-invested-in-ewaka-greening-east-africa-urban-delivery-sector

AssetFinancing

02/05/2024

⚡ Kenyan e-mobility startup eWAKA is revolutionizing urban transportation with its fleet of electric bikes and motorcycles. Here's why we're backing their growth:

✅ Cleaner cities: Electric vehicles reduce emissions, improving air quality in congested cities.
✅ Job creation: eWAKA's model creates new economic opportunities for delivery riders.
✅ Cost-effective deliveries: Electric vehicles offer businesses a more affordable option for transport.

Our Smart Asset Financing model will enable eWAKA to provide electric bikes for gig workers in Kenya. Learn more about why we invested in eWAKA: https://untapped-global.com/insights/why-we-invested-in-ewaka-greening-east-africa-urban-delivery-sector.

02/05/2024

⚡ Kenya is leading the charge in electric mobility adoption!

"The National Transport and Safety Authority registered a record 2,694 EVs last year, a near six-fold increase from the 475 EVs registered in the previous year."

We're thrilled by the incredible growth of the e-mobility sector in Kenya and proud to be part of this transition. To make electric mobility more accessible across Africa, we've partnered with innovative companies such as Ewaka, Wahu, OX Delivers, and Zembo.

Read more about how Kenya is investing in its green transition: https://www.businessdailyafrica.com/bd/economy/kenya-power-to-inject-sh258m-into-electric-vehicles--4599600

Kenya Power plans to invest Sh258 million in buying electric vehicles and setting up related infrastructure.

17/04/2024

We're thrilled to be working with Small Foundation to get capital into the hands of small businesses and catalyze positive change. Our partnership will make financing more accessible for MSMEs in emerging markets.

Learn more about our partnership with Small Foundation: https://smallfoundation.ie/empowering-rural-entrepreneurs-untapped-global-and-small-foundation-partner-for-impact/

Image: Mama Ibadan, owner of a small shop…

08/02/2024

🎧 Throwback to our live podcast discussion, 'scaling informal markets through digitization'. From matching supply and demand through e-commerce platforms to eliminating middlemen with mobile money solutions, digitization is boosting efficiency, transparency, and financial inclusion for millions of Africa's entrepreneurs and consumers.

🤫 If you've missed our live conversations, we're working on something exciting; stay tuned!

Listen to learn more:

Listen to this episode from Untapped Opportunities on Spotify. Digitization has transformed the world in almost every aspect in the last few decades. Internet access, mobile phones, social media, and other services have changed how people communicate and work. In Africa and other emerging markets, t...

07/02/2024

Named one of the best inventions of 2022 by Time Magazine, Delivers offers on-demand logistics services that provide transport solutions for smallholder farmers and traders who otherwise struggle to get their goods to market.

Read more to learn why we invested in OX Delivers: https://untapped-global.com/insights/why-we-invested-in-ox-delivers-reaching-small-businesses-across-the-roughest-terrain

06/02/2024

🤩 Exciting news! We're thrilled to be highlighted by the Toniic network for our Smart Asset Financing solution for SMEs in Africa and other emerging markets.

Special thanks to the Toniic team for the spotlight and to our investors and Toniic members, Ed Brakeman, Don Dolifka, and Sayuri Sharper!

"Untapped Global has created a unique lending program to help address the massive SME funding gap in Africa," says Don Dolifka. "The company combines cutting-edge digital technology along with strong field building systems to properly source and de-risk asset-backed financing programs."

Read more on why Toniic members invested in Untapped https://medium.com/why-toniic-members-invested/why-toniic-members-invested-in-untapped-5fdbeb9ac5bb

In Africa, Small-and-medium sized enterprises (SMEs) contribute to an estimated 80% of total employment. SMEs are the backbone of economic…