Orange Collecte puts mobile twist on crowdfunding

The service, launched in the Ivory Coast, is designed to enable private individuals and charities to finance their projects

Orange Collecte, launched last week in the Ivory Coast, is putting a mobile spin on the crowdfunding concept.

The service, developed in partnership with  French charity-giving site HelloAsso, is tied to Orange's existing mobile money offering, Orange Money. It is designed to enable private individuals and charities finance their personal and charitable projects.

Generally, Africans welcome financial support from friends and relatives toward achieving a personal goal or project. It is mandatory in some traditions to render such support. However, Africans have not benefited from crowdfunding platforms up to now due to various reasons including trust issues, risks involved, improper understanding of  technology and the lack of a credible anchoring institution.

Orange Money was used to transfer more than €4.5 million (US$5. million) last year. The new service is open to all Orange Money customers in Ivory Coast and contributors need its electronic wallet to be able to make their donations. At the end of each campaign collection, the amount raised is directly transferred to the user's Orange Money account.

Orange Money can be use to carry out electronic money transfers to another account holder in the same country – and internationally in some areas -- to pay certain bills and buy call credit; and for savings and insurance solutions in selected countries. Orange Money is available in Mali, Senegal, Côte d’Ivoire, Niger, Botswana, Kenya, Madagascar, Cameroon, Jordan, Morocco, Guinea, Mauritius and Uganda.

Eighty percent of Africans have a mobile phones, but less than 25 percent have accounts with physical banks.

Mobile is a competitive arena in Africa, so Orange Collecte may spur other telecom players like Airtel and MTN to launch their own crowdfunding services.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Olusegun Abolaji Ogundeji

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?