Friday, February 17, 2012 Sub-Saharan Africa
There are currently 30 million African migrants who have left their home countries to find work elsewhere. They support more than 300 million people in their home countries, remitting essential food and goods, and in aggregate represent more than $10b in annual economic activity. This is an economy without an infrastructure, however, relying on informal channels and bribes to function.
South African entrepreneur Suzana Moreira is working to change that. Her startup moWozauses SMS to help African migrants order, pay for, and select a place for parcel pickup.