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Busy Boda launches to disrupt Kenya’s motorcycle hailing passenger and courier services

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Busy Boda is a motorcycle hailing startup which has launched in Nairobi with plans to bring order in this highly informal sector by focusing primarily on making boda boda riders digital entrepreneurs and not just survivors.

Though its launching to take on established services such as Taxify Boda, Sendy, Safeboda which launched recently in Kenya and the yet to be launched Uber Bike, Busy Boda says to it will focus on both passenger and courier services allowing users to use the app to get a ride for themselves, or for safe delivery of a parcel or even get a cheque banked.

Founded by 20 and 22 year-old siblings Atharva Tembhekar and Vaidehi Tembhekar, Busy Boda is also promising to provide financial planning training to riders so they can manage their money and save money to eventually buy their own motorbikes. All Busy Boda riders will also access value added services at affordable rates, with payment plans in the form of installments, which also helps riders save costs significantly in the long run.

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Speaking to TechMoran, Vaidehi, who is a Chemical Engineering graduate from the University of Sheffield and Atharva who is in his final year of Electrical Engineering at the University of Bath in the United Kingdom said having heard of multiple situations where boda boda riders were exploited, they wanted to give back to the community they grew up in by creating an app that could create jobs, empower riders and help them grow into digital entrepreneurs.

“Busy Boda is a platform created to ensure riders don’t spend time waiting for clients at boda boda stages,” Vaidehi told TechMoran. “We want to encourage riders to be busier by doing more trips per day. This will increase their daily income.”

With a team comprising of tech-savvy millenials, Busy Boda says it takes only a small commission from the riders based on whether the ride was a passenger or courier ride.

“We have matatus that are a cost effective way of commute. We also have taxis that are a more expensive option but provide comfort. But what happens when you’re in traffic? Due to ever increasing congestion and traffic in Nairobi, productivity is being compromised therefore Busy Boda wishes to fill the gap with our innovative boda boda hailing Mobile App,” Vaidehi, told TechMoran.

VenturesNow

Nigerien President, Mohamed Bazoum wants employment quotas for African immigrants

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Niger’s President Mohamed Bazoum wants employment quotas for African immigrants tailored to job needs from European countries.

President Bazoum made the position in an interview with an Italian newspaper, La Repubblica. on Friday.

The president’s argument is that the quota will address European countries’ needs for its labour market and could help resolve the problem of illegal migration and human trafficking.

“In France, Spain, and Italy you have many jobs in sectors of employment where Africans can work,” Bazoum said.

“These numbers need to be established, country by country, and then the consulates entrusted with the responsibility of enforcing them.”

Surveys of African migrants in or heading toward Europe reveal that the majority were either employed or in school at the time of their departure. Yet, they felt despair over their economic prospects.

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VenturesNow

IMF Chief, Ceyla Pazarbasioglu, to visit China over Africa’s growing debt profile

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As the debt profile of many African countries continues to rise, the International Monetary Fund strategy chief, Ceyla Pazarbasioglu will travel to China next week for another high-level meeting.

Her travel is part of efforts to press the world’s largest sovereign creditor for quicker progress on debt restructurings for countries in need.

The IMF chief had called for debt restructuring arrangements for Zambia and Chad to be completed shortly.

Pazarbasioglu said it was critical to move forward and that “outreach to China next week is very important, at the highest levels.”

“It’s moving – very slowly, but it’s moving,” Pazarbasioglu said, noting that the participation of mining company Glencore Plc in the Chad treatment was also “a very good sign” that “even the most difficult private sector participants” were participating.

She said the Paris Club of official bilateral creditors had taken years to hammer out their debt relief processes, and China was learning, although she noted that the debt issues facing borrowing countries now were acute.

“The problem we have is that we don’t have that time right now because these countries are very fragile and dealing with debt vulnerabilities,” she said. “What we need is speed.”

Pazarbasioglu said the IMF would continue to press for changes to the Common Framework, including a freeze in debt payments when countries apply for a debt treatment, as well as clearer procedures and timelines for action, and ensuring comparable treatment for private creditors.

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