Tausi Africa Launched Manka, an AI-Driven Credit Assessment Platform for Tanzania.

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Tausi Africa, a leading Tanzanian company specializing in advanced financial risk management tools, has launched Manka, an innovative analytics platform powered by artificial intelligence (AI) designed to streamline and enhance credit assessment processes for financial service providers in Tanzania. By leveraging cutting-edge AI and machine learning technologies, Tausi Africa aims to transform how creditworthiness is evaluated, making the process more efficient and accurate.

Manka, as Tausi Africa’s flagship product, addresses a crucial need in Tanzania’s financial sector: efficient and reliable credit evaluation. Traditionally, assessing an individual’s or business’s creditworthiness could take up to three hours. However, with Manka’s AI-driven insights, financial providers can now perform comprehensive assessments in under two minutes. This rapid turnaround not only reduces operational costs but also enables financial institutions to make faster lending decisions, ultimately benefiting both lenders and borrowers.

During the launch event, Tausi Africa highlighted its strategic partnership with Credit Info Tanzania, a key player in the credit information landscape. This collaboration aims to maximize Manka’s impact across Tanzania’s financial sector by combining Tausi Africa’s AI expertise with Credit Info Tanzania’s extensive credit data. Together, they envision a more inclusive and accessible credit environment, where financial service providers can make well-informed decisions that drive economic growth and stability.

For more information about Tausi Africa and its work in financial risk management, visit Tausi Africa’s website.

Startup Spotlight🌟🌟

Ghala – Empowering Tanzanian Businesses to Sell on WhatsApp

This week, we’re happy to spotlight Ghala platform developed by Neurotech Africa, an innovative Tanzanian platform that’s simplifying the sales process by enabling small businesses to sell directly through WhatsApp. As a "WhatsApp Business Shop," Ghala empowers businesses to set up shop in minutes, providing a seamless, chat-based sales experience for customers.

How Ghala Works in 3 Simple Steps:

✅ Browse products directly within the chat
✅ Place orders with a few clicks
✅ Receive instant confirmation and updates

With Ghala, businesses have access to a range of powerful features, including:

• Direct Checkout: A fully integrated checkout experience within WhatsApp, eliminating the need to redirect to external websites.

• Sales Dashboard: Real-time insights into revenue, and customer interactions, helping business owners make data-driven decisions.

Why Ghala?

Ghala’s platform provides small businesses with a cost-effective solution that streamlines operations, increases reach, and automates tasks like inventory updates and order notifications. Its integration with multiple Payment Service Providers (PSPs) businesses the flexibility to choose their preferred payment options.

Community Highlights 🔥🔥

Chaja Africa represents Tanzania in Startup Energy Camp Africa in Kenya

Chaja Africa, an innovative energy tech startup based in Dar es salaam, was among 12 startups in Africa at the Energy Camp Africa held in Kenya from 18 to 23 October 2024. The camp brought together energy startups in Sub-Saharan Africa, providing them with interactive sessions and tailored workshops based on:

• Customer-Focused Product Development

• Exploring Sales Channels

• Building a Dynamic Team

• Financial Planning Essentials

• Pitching to Investors/Partners

• Funding Applications

Chaja Africa is battery-as-a-service company, focusing on sustainable solutions including power bank rental systems, electric 2-wheelers and charging infrastructure, as well as IoT-connected home battery energy storage systems. Through the Energy Camp, Chaja Africa had the opportunity to network with other African energy startups and explore various initiatives in Kenya, such as Drop Access Limited, Pyro-degrade Energy, YNA Kenya, and Drive Electric—which offer solutions in rural healthcare communities, sustainable mobility, and clean energy. 

Chaja Africa aims to revolutionize Tanzania’s clean energy space and support the UN-SDG7, focusing on clean, affordable and reliable energy for all. According to the World Bank (2022), over 30 million Tanzanians lack access to electricity, highlighting the need for innovative energy solutions. This challenge calls for collaborative efforts from the innovation community to increase electricity access rates and meet the UN-SDGs by 2030.

You can learn more about the Energy Camp Africa here

Funding opportunities 🎇🎇🎇

 

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