Thursday 19 September 2013

Article: 6 Innovative Companies In Africa



I tried to take my time to work on this list, avoiding been "Biased".
Here I noticed there alot of innovative companies  here in Africa, but here are Six African companies who share a few things in common with the most innovative outfits: They have immense ability to create new businesses and profitable growth. They continually reinvent themselves, setting industry standards and radically changing their sectors. These companies create, then recreate, then innovate. They exploit new ideas, products and services to produce dynamic and lucrative new businesses.

In no particular order, here are 6 innovative African companies you should know about:

Ecopost

Ecopost, founded in 2010, is a Kenyan company that aims to transform Africa’s waste into wealth.  Ecopost collects consumer plastic waste such as polypropylene and polyethylene and converts them into durable, easy to use and environmentally friendly plastic lumber, an eco-friendly alternative to timber which is used to manufacture fencing posts. So far, EcoPost is profitable. The company has collected over 1 million kilograms of plastic and saved an estimated 250 acres of forest (based on calculations by the Canadian Forestry Association). Ecopost was founded by Lorna Rutto, a Kenyan national.

TaxTim
TaxTim is a South African online virtual tax assistant and tax preparation service that allows you to complete tax returns quickly and easily without having to consult with a physical tax practitioner. Tim, the virtual tax assistant, asks users simple, plain language questions, and based on the answers, Tim fills out your return correctly, for a maximum tax refund.  Filing tax returns in South Africa can be a long and tiring process. TaxTim, with its automated assistance provides a convenient solution to tax payers for an annual fee of $20. Marc Sevitz, a qualified Chartered Accountant and tax specialist, and Evan Robinson, an inventor and software developer in 2011, founded TaxTim.

Triggerfish
Triggerfish is Africa’s largest Computer Generated (CG) animation company. It was founded in 1996 as a boutique stop-frame animation studio and started by developing television commercials for South African companies. In 2001, the company produced animation for the first season of Takalani Sesame Street, the South African version of children’s TV show  Sesame Street. Triggerfish has also produced animation for the U.S Sesame Street. Last year, the Cape Town-based animation studio produced its first feature film, Adventures of Zambezia, a movie that tells the story of a young, naïve yet exuberant falcon who leaves the desolate desert where he lives with his father in pursuit of action and adventure in the famed bird city of Zambezia. The movie was screened in at least 25 different countries and pulled in over $22.1 million, according to box office mojo. Triggerfish earns innovative points for leveraging technology to enable creativity in building the most successful animation studio in Africa.

Wild Fusion
Wild Fusion is credited with kickstarting Nigeria’s digital marketing revolution. Founded by Abasiama Idaresit, a Nigerian digital marketing entrepreneur and evangelist, Wild Fusion was one of the earliest fully integrated digital marketing agencies in sub-Saharan Africa.  Wild Fusion, which was founded with no external investment, famously helped a Nigerian small business grow its revenues from $1,000 to $100,000 in a couple of months with innovative Internet marketing. The company services clients like Visa V +0.2%, Samsung, Vodafone VOD +0.87%, Pepsi and Unilever in Nigeria, Kenya and Ghana. Wild Fusion earns innovative points for introducing and popularizing digital marketing in Africa and for disrupting traditional marketing across the continent. Many Nigerian and African companies now dedicate more of their budget to digital marketing.

Rasello
Rasello, founded by Tanzanian software entrepreneur Natalino Mwenda, is a cloud-based Customer Relationship Management (CRM) tool that lets business owners interact and manage customer records, automate customer retention and communication. 
You add your clients; Rasello automatically identifies customers who need birthday reminders, loyalty programs, service cycle renewals, etc. 

The software can be used via devices such as PCs, tablets,  and smartphones.

Jumia Nigeria
Jumia is Nigeria’s number one online shopping destination where you can shop the widest selection of electronics, fashion, home appliances, kid’s items and more in Nigeria and have them shipped directly to your home or office at your convenience! They offer free nationwide delivery, free returns and have several convenient payment options to choose from, either with your debit/credit cards or cash on delivery.  With affordable prices and great products, Jumia recently developed an Application that lets you enjoy an awesome shopping experience with your order sent directly to your doorstep. Jumia Nigeria  is co-owned by Tunde Kehinde and Rafeal Afeador

So do you guys have any different view on this topic, let's see who you've got on your list :)

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