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Thumeza Q4 2022 Update

Thumeza Q4 2022 Update


1. Yearly Growth Rate of 9 500%


Our monthly recurring pipeline demand is fast approaching USD$15 million as we closed November with a demand of USD$14, 4 million. This then translates to a 9 500% yearly growth rate from the initial demand in January 2022 to the current date. 60% of our current client demand is derived from the SADC market with the rest coming from our East African clients. Our client demographic is predominately within the freight sector with a small portion of clients contracted to conduct last mile deliveries.

2. National Credit Provider Certificate


We're excited to announce that we have secured our Credit Provider Certificate from the National Credit Regulator of South Africa. Whilst we will continue to facilitate credit provision from our valued credit partners, we are now able to directly disburse funds from our private balance sheet. Should you wish to partner in this endeavour, please do not hesitate to reach out to us.

3. Client Spotlight: MPost


We're shining a spotlight on one of our newly acquired clients, MPost who are active in Kenya. MPost is solving the challenge of lack of addresses in Africa, a problem grappled with by millions across the continent.

The company uses mobile numbers as virtual addresses which can be associated with the nearest physical post office. Registration on the app takes about 30 seconds, payment is made via mobile money, and you get a notification on your mobile phone when your parcel has arrived. In addition, you have the option of either picking up your parcel at the nearest post office associated with your virtual address or having it delivered to your doorstep! Quite an improvement from having to wait by the tree bus stop and continually calling to check the bus driver’s ETA.

Currently, MPost has over 200 000 subscribers, their solution is highly sought after and it constantly has to engage more riders to meet the demand.

4. "What's up with the AfCFTA" Newsletter

There has been a lot of buzz around the AfCFTA, a transformative project that promises a significant reduction in border tariffs, market liberalization, infrastructure development, creation of employment, and prosperity among other objectives.

It all sounds great but how did we get here? How do we actualize those promises? What is the plan? Who will benefit? How will we benefit? What is the bigger picture? Questions, questions, questions.

In October 2022, we were invited to Kigali by the United Nations Development Program (UNDP) and the AfCFTA Secretariat to take part in a session dubbed “Continental Bootcamp Training on the AfCFTA for Africa’s Under 40 CEO’s.” Thereafter, we curated a mini-series called “What's Up With The AfCFTA” What is the AfCFTA? . We followed it up with the second edition of the Status of Negotiations surrounding the implementation of the AfCFTA. You can read about it here  AfCFTA Negotiation Status.

5. What Clients had to say about us🎉

We asked our clients to describe their interactions Thumeza, here’s what they had to say:

“Seamless. Our engagement with Thumeza has been straightforward and without any hurdles from the word go. We have received immense support from the team, who have gone above and beyond to ensure timeliness and efficiency during our relationship.” - Winnie Karwitha, MPost ,Chief Financial Officer, Kenya

Excellent, because you are reliable and flexible.” – Derrik Mugabi, Ridelink Limited, Chief Financial Officer, Uganda

Supportive. You are always in contact with us and helping us.” – Ndiye Smith, Chief Executive Officer, KTU Express Botswana


As always, we'd love to hear from you.

We're always up for a chat and would like to exchange some banter with you on Twitter at, Thumeza (@thumezahq) / Twitter, or have an in-depth discussion on Facebook, Thumeza - Facebook, Share your wins with us on LinkedIn or set up a meeting with us via our Email Email Us or you can keep up to date with what we are doing on our website. Check out our Site 

Love, Team Thumeza🧡