Mokala Tech is a newly formed Kenyan-based business dealing with the use of technology in enhancing social entrepreneurship.
Mokala Tech is in the process of developing an online marketplace for buying and selling of products made by African MSMEs.
Mokala Tech seeks your support in the form of partnerships, as well as technical and financial assistance, for the development of this platform.
Problem
This project will try and bridge the digital divide between Africa and the rest of the world, in terms of online space for promotion of products made by African MSMEs. The persistent problem of African products lacking connections to the international market has created a need for innovative solutions to counter this problem.
This project will seek to be the channel through which this need is met, by creating an online marketplace whereby African MSMEs can showcase their products and sell them to the global market. Consumers and businesses alike will have an easy task of sourcing products from African MSMEs in a central location.
This platform will enable African MSMEs to thrive and create more employment opportunities, while contributing to the development of their local economies.
Solution
To achieve this goal, an online platform will be created that will resemble a B2B or e-commerce website. Mokala Tech will go about searching for MSMEs which specialise in African arts, crafts, textiles, light industrial, horticultural and agricultural products, and will contact them to introduce this new platform as an additional market for their products.
MSMEs which express interest in participation will then be screened, and their products inspected and tested for quality standards. Photographs of some of their products will be taken, and a profile of their business done. This information will then be uploaded to the online platform, and buyers can then see the name of each MSME, a profile of their business, a list of their products with images, and their geographic location.
When a buyer makes an order for a product, Mokala Tech will obtain the product from the respective MSME selling it, inspect and test it for quality, and package it and send it to the buyer's location.
Exemple
The vast majority of African MSMEs are owned and run by youth and women. This group also happens to be among the majority borrowers and users of micro-finance products. Two of the foremost barriers to the growth of African MSMEs are access to capital and access to markets.
The goal of creating an online marketplace for African-made products is to eliminate the second barrier - access to markets. One of the key drivers to the growth of any business is adequate and sustained sales that will bring sufficient revenue and increase the bottom line. This in turn creates a multiplier effect in that with increased sales, the producers will purchase more inputs and thus also stimulate the growth of the factors market.
Moreover, the additional revenue will encourage the depositing of savings and the growth of investments, thereby also increasing the net worth of the producer and enabling him/her greater access to additional financial products such as credit facilities to further grow their business. All in all, this will stimulate both the local and national economies.
The first step, however, would be to provide the much needed access to the markets that will provide a great number of sales for products. An online marketplace will offer access to billions of people who are active online and who are both willing and able to purchase good quality African-made products. The increased demand for these products will also encourage the producers to enhance their creativity and innovation, and ensure that their products are of international quality.
Marché
There are a few similar online platforms for African-made products. However, none of them is exactly like the one proposed by Mokala Tech. Some of them include: Red Apple B2B, Bumbou, Africa B2B Network Directory, Africa Trade Market. The online platform proposed by Mokala Tech will have a distinct competitive advantage. It will focus on promoting social entrepreneurship, enhancing local and national economic development, and stimulating intra-African e-commerce.
Aggressive marketing and advertising will be done on social media platforms, search engines and online classifieds, to ensure that awareness and participation of a large market is achieved. This platform will build a reputation for total quality control, excellent customer service and efficient product delivery for all buyers.
Commentaires
Hello everyone! The campaign to raise money for Mokala Tech’s project is now live on Indiegogo (http://www.indiegogo.com/mokalatech)! The project will help to create an online marketplace for products made by African MSMEs (micro, small and medium enterprises). We’re looking forward to your involvement in our campaign. Cheers!
Thanks for your post. I’ve been thinking about writing a very comparable post over the last couple of weeks, I’ll probably keep it short and sweet and link to this instead if thats cool. Thanks.
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"As a key element in securing the competitiveness of developed countries, entrepreneurship is even more central to developing countries trying to attain competitiveness in international markets." - UNCTAD
Due to their long standing exclusion, underserved communities tend to have a higher participation than other segments of the population when access to high value low cost products and services is increased to them. That is why they drive uptake of new technologies which are made accessible and affordable to them, such as mobile technologies. Go to any cyber cafe in Africa and you will see more than half of the users looking at the latest updates on their news feeds from their Facebook profiles. For one, the costs of internet access have reduced to enable them to surf for longer times in the cyber cafes, thanks to laying of fibre optic cables. Secondly, they choose to spend the additional minutes they can now afford to communicate with their social networks. The cost of communication and social networking, a uniquely African characteristic, has now come down, meaning they can keep up with the latest from their friends, families, colleagues and business partners both from the rural areas and from the urban areas. This then frees them up to concentrate more on their businesses, dedicate more resources to growing their businesses, share more information with each other, and enhance greater understanding of each other. Mobile and internet technologies will win in Africa, because the problems they seek to address are so unique to Africa, and these technologies are so effective in creating solutions to these problems, whether of a social, economic or political nature.
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Test website for online marketplace will be launched in the next few days. Check back for when and where, and get ready to select a few items from the products that will be available. Visit http://www.indiegogo.com/mokalatech to get your gift certificates before they expire!
Hi Nancy, great stuff! Please get in touch.
Thanks for the valuable information and insights you have so provided here...
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