Accelerating Financial Inclusion with Insurtech
Release Date: 12/15/2020
Carbon markets initiative
The African Business Podcast
In this episode we speak to Dr Sherif Ayoub, Head of the African Carbon Markets Initiative about his work scaling up the market for carbon credits in Africa to create jobs and prosperity. We also hear from project developers KOKO Networks, about how these projects actually take place on the ground in Africa.
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Profile of Elizabeth Maruma Mrema of the TNFD and UNEP
The African Business Podcast
In this episode we speak to Elizabeth Maruma Mrema, about her role at the Taskforce for Nature-related Financial Disclosures. We discuss how to advocate for capital to support biodiversity protection and climate action.
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Can Charter Cities unlock African Economies?
The African Business Podcast
In this episode we speak to Kurtis Lockhart about chartered cities and whether they can deliver broad based prosperity in Africa and further afield. Credits Host and executive producer: Dr Desné Masie Co-producer: Peter Doerrie Research: Angus Chapman Digital Editor: Charles Dietz Design: Jason Venkatasamy Music: Corporate Uplifting Chill by MusicLFiles: Licence:
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The Journey of a Carbon Credit
The African Business Podcast
In this episode we track the journey of a carbon credit. Taking us from Kenya to Geneva, Washington DC, London and finally, Yorkshire, we unpack what's going on under the hood of the carbon trading industry and explore the implications for Africa.
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Davos Debrief and 2023 Forecast
The African Business Podcast
In this episode we speak to the publisher of African Business magazine, Omar Ben Yedder, who has just come back from Davos 2023 in Klosters, Switzerland. The first in-person gathering in three years, the famous international forum as always, provided invaluable insights and networking opportunities to those who attended. Omar chats to us about his main reflections from WEF including the global macroeconomic forecast, the trade, demographic and industrialisation opportunities for Africa. China meanwhile signalled at the World Economic Forum that it is for business once more...
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Driving growth across African e-commerce
The African Business Podcast
In this episode we speak to Daniel Yu, a 32-year-old Californian entrepreneur now based in Zanzibar. He is the founder and CEO of , a supply chain and distribution company established in 2015 to respond to the challenges faced by small and micro-business across Africa in managing stock levels. Having just raised $125 million in Series B venture capital funding from Tiger and Avenir, Wasoko is now valued at $625 million, and has its sights set on eliminating the inefficiencies plaguing Africa’s enormous, dynamic, so-called ‘informal’ retail economy. A humble innovator, Daniel has...
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How the UK is investing in African development
The African Business Podcast
British International Investments (BII), the UK’s official development finance agency, was the first organisation of its kind when it was founded in 1948. It remains at the forefront of international development finance, particularly for Africa, where it deploys 70% of its $2-$4 billion of new capital every year. CEO is a pioneer of impact investing, coming to BII following stints in investment banking and the Bill and Melinda Gates Foundation, and having co-founded Big Society Capital, the world’s first social investment bank. He explains how BII fits into the UK’s foreign policy in...
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General Electric on Africa's energy transition
The African Business Podcast
Since was founded by Thomas Edison almost a century and a half ago, the power business has changed a lot. Vuyelwa Mahanyele, regional sales director for GE’s gas business in Southern and East Africa, has seen this change up close. She tells us how decarbonisation became the overarching theme for both the company and the region, and steps through the financial, technical and policy aspects of making it a reality. Achieving the trilemma of affordable, reliable and sustainable power in Africa remains a serious challenge. Mahanyele suggests that a combination of gas and renewables can do much...
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Pascal Lamy: Africa's position at COP27
The African Business Podcast
Few people understand issues of international trade, development and environment as well as . Following eight years as Director-General of the World Trade Organisation, Pascal now serves on the board of the ; one of Africa’s most influential civil society organisations. He joins us following the release of the Foundation’s 2022 Governance Forum report, which aims to make Africa’s case in the global climate change debate ahead of COP27 in Egypt in November. Framing it as a race between demography and economy, Pascal wants to see Africa’s development needs prioritised in the global...
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Kenya's crucial election: the podcast
The African Business Podcast
Charlie Mitchell, Kenya correspondent for African Business Magazine, previews the upcoming contest between Raila Odinga and William Ruto, which will be a crucial test for the East African nation On Tuesday August 9 Kenyans will go to the polls for a crucial election to decide the direction of travel of East Africa's economic giant for the next five years. Veteran challenger Raila Odinga - who has received the vital endorsement of incumbent Uhuru Kenyatta - will go up against current deputy-president William Ruto, who is attempting to portray himself as the natural pick of Kenya's...
info_outlineIn this episode we are joined by Jeremy Leach, CEO and founder of Inclusivity Solutions, based in Cape Town, South Africa.
Leach talks to us about how he started Inclusivity to improve access and innovation in insurance across the African continent, by focusing on digital inclusion for the connected but unprotected, and listening intently to these customers' needs. Inclusivity has made great strides incorporating a framework by GSMA that shows that mobile money providers who offer a combination of savings, credit or insurance products have average 24% higher revenue per user.
Leach has had an extraordinary career, beginning as a chartered accountant and then re-skilling in international development as he became more excited about solving mass market problems. After working extensively on financial inclusion for the UK Department of International Development (now the FCDO) and as executive director of Finmark Trust, Leach received seed funding from a range of investors and angels and recently concluded a further series of funding with Goodwell Investments. He has plenty of advice for aspirant start-up founders on the continent.
Goodwell Investments and Inclusivity Solutions are massive believers in responsible corporate citizenship and in their work across the continent, encourage their peers and stakeholders to sign up for the Responsible Investing in Digital Financial Services Guidelines to improve the resilience of their customers and ecosystems by promoting robust due diligence and fair, transparent pricing.
Inclusivity has collaborated with Orange, Equitel and Tigo in rolling out access to insurance products in Africa. In the show we also look at some new collaborations in the pipeline such as the recent launch of Thandizo with Hollard Insurance providing income protection in Zambia, one of the hottest markets on the continent for digital financial services.
ARPU than those that don’t. We’ve seen this play out in one of our existing deployments where customers that registered for our insurance showed a 54% uplift in median spend per month than those that did not.
Read more:
Inclusivity Solutions: https://inclusivitysolutions.com/
Thandizo income protection cover provided by Inclusivity x Hollard in Zambia: https://www.facebook.com/HollardZambia/videos/775581249958694
GSMA State of Industry Report on Mobile Money https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2019/02/2018-State-of-the-Industry-Report-on-Mobile-Money.pdf
Goodwell Investments https://www.goodwell.nl/
Responsible Investing in Digital Financial Services Guidelines https://responsiblefinanceforum.org/investor-guidelines/
Responsible Digital Insurance paper co-authored by Leach: https://a2ii.org/sites/default/files/reports/responsible-mobile-insurance.pdf
Indemnité hospitalisation: https://www.orange.ci/fr/indemnite-hospitalisation.html