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Watu Africa

🌎 watuafrica.com

Watu Africa is an asset financing company focused on revolutionising financial inclusion and mobility for millions across Africa. The company provides access to affordable and flexible financing solutions for two and three-wheelers, enabling entrepreneurs and underserved individuals to enhance their economic opportunities and quality of life. With a strong presence in multiple African countries, Watu has positively impacted over 4 million people by offering more than 1 million loans.

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Updates as of Oct 10, 2024

• Watu Africa is participating in the GOGLA Expo in Nairobi KICC.
• Ken Gitonga has joined Watu Africa as the Head of Technical Product.
• Watu Africa uses M-Pesa with Paybill number 650880 for loan repayments, enabling seamless transactions for customers.
• Tumuhimbise Clinton has joined Watu Africa as a GPS Trucking Technician in Uganda, previously working at Watu Credit in the same position.
• Philes Ndunge has left Watu Africa, where she served as a Back Officer/Verification Officer in Nairobi County, Kenya, to join the National Police Service - Kenya as an Office Administrator.

• Watu Africa celebrated International Deaf Awareness Month in September by promoting inclusivity and teaching sign language through a video featuring Vanessa Moohe and Rebecca Njeri Gitau.
• Watu Africa uses GPS tracking to monitor financed movable assets like electric and combustion engine vehicles.
• Watu Africa is currently hiring for the position of Customer Success Manager in Sweden.
• Watu Africa financed over 3,000 e-bikes, reducing CO2 emissions by approximately 7,500 tonnes annually, and positively impacted over 8 million people across 8 countries.
• Ayobami Bamgbopa has joined Watu Africa as Regional Manager.
• Watu Africa aims to finance 40% of East Africa's electric vehicles by 2027, leveraging partnerships like Gogo Electric in Uganda for vehicle assembly and battery production.

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