PiggyVest for crypto?🤯

Nov 26, 2021

Hello Venturer,

Jack Dorsey, Twitter's CEO, has said that Nigeria will lead the world's bitcoin adoption. He may be right: there's so much hype around cryptocurrencies today. You almost can't escape the conversation, whether online or offline (well, I guess this letter makes me guilty too). So many people are getting into cryptocurrencies, or at least want to.

But cryptos are still in their early days here. People don't even know how to open wallets, much less invest in these assets. Many are worried about when the best time is to buy cryptos. So who is paying attention to these people? Well, we found someone.

Zino Asamaige decided to help people buy their favourite cryptos using a simple strategy called dollar-cost averaging. Just like saving money with PiggyVest, Accrue helps people in purchasing their preferred assets at consistent intervals. This week, we have a story on the genesis of this groundbreaking innovation.

Oluwatosin Ogunjuyigbe

Staff Writer, Ventures Africa

Zino Asamaige’s Accrue is simplifying investment in cryptos and US stocks

Cryptos and stocks are known for high volatility. As much as people want to invest in these assets, learning the markets can be overwhelming for newcomers. Also, assets like bitcoin look expensive to the newcomer, which may be discouraging. Zino Asamaige founded Accrue to solve this problem. Read more

What it means to say the inflation rate is decreasing in the face of rising prices

According to the NBS, inflation has decreased drastically over the last ten months, and it is now at its lowest (15.99 per cent). Why are things still expensive? Learn more

The top five most prospective African countries to watch

Africa is attracting global investors due to its vast resource base and untapped market options. After witnessing its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8 per cent in 2021. Learn more

Nairobi-based fintech, Asilimia, secures $2 million to build Africa's financial infrastructure for MSMEs

Asilimia has built an affordable and easy to use digital platform that formalises payments, revenue collection and accounting for business owners, making it easier to monitor their business activities in one place. Using just their mobile phones, business owners can record their expenses and sales, track pending payments and gain financial insights through a simple dashboard that is more efficient than using pen and paper. Read more

Africa’s e-commerce industry is still up for grabs

Most large e-commerce platforms are betting on Africa’s middle-class and aiming at their disposable income. However, the larger market is outside the middle class. Unsophisticated people outnumber the middle-class and are a largely untapped e-commerce market. African problems need African solutions, and those who provide them early will ultimately win. Read more.