Best Projects 2021 features all the nominated entries submitted ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs.
Published on September 27, 2021 um 08:59
Type of Enterprise
Year the ngo or company was founded
Explain your project in details:
Me2U Afrika's main objective is to be the center of Intra-Africa trade and the hub of made in Africa products and services. By bringing forth new innovative ways of transferring material, our model leverages the use of already owned automobiles to do the last mile delivery process thus guaranteeing a commission based earning for those involved in the process. In our C2M model, businesses and industries involved benefit from first hand data on how their products are faring on in different regions and able to collect feedback to improve their service delivery.
Impact of your enterprise on sustainable development
Our mission is to open up trade in Africa. In order for us to compete favorably with the developed countries, the African people must be able to exchange valuable goods and services within and with the outside world. By offering millions of potential customers and sellers a platform and a market for their produce, is the stepping stone to improving Africa's economy and those of it's citizens. Our multi-vendor approach seeks to enable people to start business and trading at low cost while exposed to a wider market as compared to the traditional kiosk selling technique. By restricting the market to African products, we also in return promote innovation in the supported categories offered and more entrepreneurial ventures.
Sustainability and future plans
Business Model: On Me2U, we have adopted a freemium business model. Our business model mainly capitalizes on what our sellers offer and our first hand products that we sell. We earn from taking a commission on the sold goods and services through our platform. Sellers can choose to upgrade their accounts to gain access to more features that can boost their overall growth. Financing Source: Our main source of financing will be on equity basis with potential investors Plans for future growth. Cover the entire Africa, onboarding sellers and industries producing locally made products and services in order to facilitate the intra-Africa trade more efficiently. Introduce our own payment option that will facilitate buying, saving and loaning services geared towards improving the buying and selling of products and services.
Your profile as an entrepreneur
My being of an optimist rather than a pessimist defines me best. I am a 23 year old graduate from the African leadership university and Moringa School. My journey starts at ALU, with appreciation of the power of data in making decisions for almost every industry we have today. I further went to pursue a course in data science in Moringa school which would further cement my decision in creating an industry that can generate data that can be engineered to a better economy and lives of it's people. I am also a renowned mentor at the Equity leaders Program where I do college counselling for students intending to study in Africa or beyond.