{"id":5418,"date":"2017-09-11T15:47:27","date_gmt":"2017-09-11T13:47:27","guid":{"rendered":"https:\/\/insights.invyo.io\/africa\/?p=5418"},"modified":"2017-09-12T10:33:03","modified_gmt":"2017-09-12T08:33:03","slug":"financial-literacy-africa","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/africa\/fintech-education\/financial-literacy-africa\/","title":{"rendered":"Eneza could bridge the financial literacy gap in Africa"},"content":{"rendered":"<p><strong>In the Fintech disruption stands out the challenge for financial literacy, especially in emerging markets like in Africa where most of the population needs to be tought how to manage their savings, pay and even transfer money with new channels such as the mobile.<\/strong><\/p>\n<h3>About Eneza Education<\/h3>\n<p><a href=\"http:\/\/enezaeducation.com\/\"><strong>Eneza<\/strong><\/a> is a Kenya-based start-up that has created <strong>mobile courses<\/strong> for the part of the population that <strong>don&#8217;t have access to educational ressources<\/strong>. Students can dial <strong>*291#<\/strong> from a Safaricom line to register and\u00a0get access to unlimited lessons and quizzes.<\/p>\n<blockquote><p>\u201cMy child used to score below 250 marks in her exams, because I lacked money to buy her textbooks. Ever since she started learning on Eneza, her marks have improved to above 350.\u201d &#8211; Jane Wanjiku, Nairobi County<\/p><\/blockquote>\n<p>In this short video, Eneza describes how it could reach <strong>millions of users<\/strong> by leveraging on <strong>mobile operator APIs<\/strong> like the ones developed by <strong>Safaricom in Kenya<\/strong>.<\/p>\n<p><iframe loading=\"lazy\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/MugCZTley5M?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<h3>Key Figures<\/h3>\n<p>To date, more than <strong>2,600,000 learners<\/strong> across Africa already taking <strong>mobile courses<\/strong> with Eneza.<\/p>\n<hr \/>\n<p>Eneza accounts more than <strong>142,000\u00a0active learners<\/strong> per month and is currently based in <strong>4 countries<\/strong>.<\/p>\n<hr \/>\n<p>More than <strong>350 millions of messages<\/strong> were exchanged on the platform and <strong>10 millions answers<\/strong> were provided.<\/p>\n<hr \/>\n<p>Its ambition is to make <strong>50,000,000 learners\u00a0<\/strong>in rural Africa smarter.<\/p>\n<hr \/>\n<h3>Key Facts<\/h3>\n<p>Eneza is using the <strong>API that Safaricom<\/strong> opened-up to <strong>start-ups to leverage<\/strong> for their own use.<\/p>\n<hr \/>\n<p>The <strong>APIs<\/strong> used by Eneza are the USSD API, the <strong>SMS API<\/strong> and the <strong>Airtime Billing<\/strong>.<\/p>\n<hr \/>\n<p>The platform developed by Eneza will help <strong>millions of financially challenged students<\/strong> across Africa whose families cannot afford to <strong>pay school fees<\/strong>.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the Fintech disruption stands out the challenge for financial literacy, especially in emerging markets like in Africa where most of the population needs to be tought how to manage their savings, pay and even transfer money with new channels such as the mobile. About Eneza Education Eneza is a Kenya-based start-up that has created [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[160,162],"tags":[235,312,309,308,307,301,315,271,274,241,286,314,251,240,239,249,316,317,313,310,270,311],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insights.invyo.io\/africa\/fintech-education\/financial-literacy-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eneza could bridge the financial literacy gap in Africa - INVYO Insights Africa : Media Fintech\" \/>\n<meta property=\"og:description\" content=\"In the Fintech disruption stands out the challenge for financial literacy, especially in emerging markets like in Africa where most of the population needs to be tought how to manage their savings, pay and even transfer money with new channels such as the mobile. 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