Entrepreneurship Zone: 22 March 2021: Rwandan solar-powered kiosk company wants to create Africa’s biggest wifi network

Bulls n Bears bulls at bullszimbabwe.com
Mon Mar 22 11:36:04 CAT 2021


 


 <https://bullszimbabwe.com/> 

 


 

 <http://www.bullszimbabwe.com/> Bullszimbabwe.com        <mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments        <http://www.bulls.co.zw/blog> Bullish Thoughts        <http://www.twitter.com/BullsBears2010> Twitter         <https://www.facebook.com/BullsBearsZimbabwe> Facebook           <http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn          <https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp         <mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe

 


 

 


Entrepreneurship Zone: 22 March 2021: Rwandan solar-powered kiosk company wants to create Africa’s biggest wifi network

 


 

 


 <https://www.firstmutual.co.zw/> 

 


 

 



 


 

Last year in March, How we made it in Africa spoke to Henri Nyakarundi, founder of African Renewable Energy Distributor (ARED), about the company’s mobile solar kiosk, which offers customers a convenient, low-cost solution to charge their phones. It works on a franchise model, giving budding entrepreneurs the opportunity to run their own phone-recharging businesses.

Since then, the company has broadened its offering and now labels itself as a connectivity solutions provider looking to “build the largest wifi network in Africa” and provide bottom-of-the-pyramid users with digital content through its revamped mobile solar kiosk, called the Shiriki Hub.

Aside from having a better design compared to the older product, the new kiosk – in addition to offering charging and virtual top-up services for mobile phones – has a Bluetooth printer, bigger solar panel capacity, speakers and wifi.

The cost of internet varies depending on how long users wish to browse the web. But what’s unique is that each kiosk has stored digital content on board – such as music, news, and information on health and education – which passersby can access for free.

“Now, we are the only one, in East Africa at least, where you can access digital content without having to pay for it, which is huge because we are dealing with people that make less than US$5 a day… We want to cater to those people and give them the opportunity to also be part of this digital revolution without having to break their pockets… The charging, the other services, are secondary to what we do, ” Nyakarundi says.

To keep costs for users as low as possible, ARED is to looking to generate a significant portion of its profit from advertising on the mobile interface people use to access the internet, and by providing a platform for businesses to conduct surveys.

The kiosk functions under a micro-franchising model – where operators, if they meet certain criteria, can pay a once-off fee and manage the kiosk.

‘Hard tech’ is hard business

Nyakarundi explained ARED is now a ‘hard tech’ company – a combination of hardware and technology. According to him, these products are not common in Africa, as they take a long time to develop and are prohibitively expensive.

“This kiosk development cost us over US$500,000 just on the development side,” he noted.

 <https://www.howwemadeitinafrica.com/rwandan-solar-powered-kiosk-company-wants-create-africas-biggest-wifi-network/57548/mobile-solar-kiosk-ared-600x300/> 

The new Shiriki Hub kiosk



What helps, according to Nyakarundi, is that ARED has been in business for four years already, and has proved the viability of its model. “We know based on the previous kiosks that we have had what is working and what isn’t working.”

Another challenge that comes with hard tech as opposed to, say software, is the difficulty of entering or expanding in a market, Nyakarundi says.

“You have to finish the hardware before you enter a market. With software, even if it doesn’t work properly, you can still launch it in the market just to get feedback and all those things. You can’t do that with hardware – and that’s why you don’t see a lot of people getting into hard tech, which is good for us because there is almost no competition – at least as of yet. So it is a good and bad thing.”

ARED’s hardware is currently being made in Germany, but in the long run Nyakarundi wishes to move manufacturing to Africa and China.

More Uganda, less Rwanda

Right now there are five Shiriki Hub prototypes. Three are currently operating in Rwanda and the remaining two Nyakarundi wishes to deploy in neighbouring Uganda in the next two months. Depending on demand, ARED aims to introduce up to 500 more over the coming year.

Despite being based in Rwanda, Nyakarundi sees the bulk of the opportunity in Uganda. One of the reasons for this is because of Rwanda’s opposition to outdoor, kiosk-type businesses. In the capital Kigali, authorities have started to clamp down on illegal street vendors and those who buy from them. Even though his kiosks are above board, Nyakarundi is worried how this might affect his business if the trend continues. “We are just cautious for the future that is all. We had an aggressive expansion plan but with this ordinance we decided to scale back.”

Besides, he says, “Uganda is a much bigger market”.

“They have a huge unemployment problem, they are looking for solutions to solve those problems and they really like our technology because it solves a lot of their problems under one umbrella.”-Howwemadeitinafrica

 <https://www.howwemadeitinafrica.com/rwandan-solar-powered-kiosk-company-wants-create-africas-biggest-wifi-network/57548/henri-kiosk-ared-600x300/> 

Henri Nyakarundi (middle) and two ARED employees, Nasser Kanesa (left) Jonas Tubemaso (right)

 

 

 

 


 


 


Invest Wisely!

Bulls n Bears 

 

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

rAlt. Email:       <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:         <http://www.bullszimbabwe.com> www.bullszimbabwe.com 

Blog:            <https://bullszimbabwe.com/category/blogs/bullish-thoughts/> www.bullszimbabwe.com/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:      <http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA> www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 



 

 

 


 

 


DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other  Indices quoted herein are for guideline purposes only and sourced from third parties.

 


 

 


(c) 2021 Web: <http://www.bullszimbabwe.com>  www.bullszimbabwe.com Email:  <mailto:info at bulls.co.zw> info at bulls.co.zw Tel: +263 4 2927658 Cell: +263 77 344 1674

 


 

 

 

 

 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 9458 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0002.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0003.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 65574 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image008.jpg
Type: image/jpeg
Size: 240010 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image009.jpg
Type: image/jpeg
Size: 205368 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 128864 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210322/3de3db56/attachment-0005.jpg>


More information about the Bulls mailing list