What Does Cassava Smartech Do?

Cassava Smart-tech is a diversified company that uses digital solutions to service underserved businesses and consumers. Cassava Smart-tech offers finance and social payments, e-commerce, insurance payments as well as healthcare and education. 

The corporate drive is to stimulate socio-economic development for Africans in order to improve their quality of life. To achieve this, Cassava Smartech has enforced mobile money services that allow purchasing of mobile airtime and payments, among other services. 

Cassava Smartech also offers micro-insurance for funerals, healthcare, and remittances that include web to mobile, mobile to mobile, and mobile to counter. Payment services through the Cassava gateway and online classified under mobile commerce are also offered.

Cassava Smartech Brands

Cassava Smarttech offers its products under different brands. Let’s look at the service categories mentioned above and their associated brands.  

For finance technology, Ecocash and Steward bank are the two bands used. Most mobile money transactions, especially in Zimbabwe, are done through Ecocash. It enables the movement of money between sender and receiver.

Insurance falls under Ecosure and Moova.  Farming and agritech fall under, Ecofarmer. E-learning is covered by Akello books, Ruzivo, and Muzinda hub. Those who are in need of commerce services can make use of Ownai. 

Maisha is responsible for health services and health tips and Vaya Africa is the Zimbabwean version of Uber.  

Where is Cassava Smartech located?

Besides Zimbabwe, Cassava is also located in South Africa, Zambia, Botswana, Lesotho, Swaziland, Mauritius, Burundi, and Kenya. Cassava Smartech is also located in the United Kingdom and In 14 other counties through the company’s partners.

Background of Cassava Smartech

Cassava Smartech is a large technology company that is well represented on the African continent. It is listed on the Zimbabwe Stock Exchange (ZSE). The company was founded in 2018 by Strive Masiyiwa and is owned by the Econet group.

The Cassava headquarters is in Harare, Zimbabwe. When Cassava Smartech was first listed, it managed to gain a market capitalisation of $3.8 billion.