Millions of Africans are financially excluded, living without formal financial access or its derived benefits, and facing numerous barriers to accessing financial services, including high minimum balance requirements, low levels of financial literacy, and lack of physical access to savings and investment opportunities. As a result our ability to increase our prosperity is restricted, preventing Africans from effectively saving for and investing in our family’s futures.
A-Trader is a platform that provides access to both savings and investment mechanisms for the unbanked, allowing them to invest small amounts of money using their feature or smart mobile phones, in structured and easy to understand financial instruments through the Dar Es Salaam Stock Exchange, and eventually any Stock Exchange in Africa, and providing steady returns on those savings while building the capacity of the local population to generate passive income, and plant the seeds of a savings and investment culture.
The aim of A-Trader is to remove the barriers currently preventing over 52M Tanzanians, and millions more in 18+ African countries with Stock Exchanges, from accessing investment and savings options. We aim to educate in financial instruments and products, provide facts and figures on investing in bonds/equities for retirement and dependents, enable sustained positive returns for ordinary citizens, and promote financial inclusion.
|Stage||Unknown EST August 2016|
|Sectors||Banking, Financial services|
|Location||Dar es Salaam, Tanzania, United Republic of|
|Markets||Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, Congo, Democratic Republic of the, Côte d'Ivoire, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Réunion, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, United Republic of, Togo, Tunisia, Uganda, Zambia, Zimbabwe|
|Contact||Login to view details|
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