Ké Concepts looks to Ghana

BUSINESS

|
Image: Ké Concepts MD Miles Hern. By Ké Concepts
Ké Concepts MD Miles Hern

SA-based Ké Concepts is focusing more heavily on Ghana’ s financial sector as it expands its market in Africa. The company focuses on credit management and lending solutions tailored for the African market.

Ké Concepts has been working with clients in Africa since 2002 and haa been operating in the Ghanaian financial sector since 2006.  Currently, clients include microfinanciers such as African Financial Services (AFS) and other Ghana-based premier financial services providers.  

“ Ghana is a logical choice for a number of our clients,” explains Miles Hern, Managing Director at Ké Concepts. “ Its stable economic and political climate is attracting a lot of interest and we’ ve been doing our part to bring top-class credit management solutions to the country.”

According to Hern, Africa as a whole is showing good recovery from the recent economic slump, with consumer spending picking up. This has created a need for quality credit management solutions as individuals seek to improve circumstances and take advantage of optimistic economic climates, he says.

“ Getting the right infrastructures in place to provide a stable and reliable service can be expensive and time consuming.  The remoteness of some locations can make it difficult to penetrate effectively into certain areas and provide acceptable service levels.

He says many IT solutions, particularly those developed for American or European markets, have been designed to operate in a first-world environment.  

“ Unfortunately these don’ t always translate well into an African context,” Hern says.

To meet the needs of business in Africa,  Ké Concepts has modified its management solution to enable off-line functionality, providing solid performance even in the absence of a stable connection.

“ Many of our existing customers in this market are providing loans to salaried employees, many of whom are working outside of city centres. We paid particular attention to our origination and disbursement modules so that credit can be approved and disbursed even when off-line, which are the most critical areas in terms of customer-facing interactions,” says Hern.

Ké ’ s solutions are available on a subscription basis, despite bandwidth eccentricities. This makes their solutions easily accessible as there is no need for large capital expenditure in extensive infrastructures and software licensing.

This delivery model also offers a number of business benefits.  The service is delivered out of a world-class data centre in Johannesburg allowing companies based in African locales such as Ghana to leverage first-world technologies for their service delivery. Easy to deploy, short to-market lead times, and affordable pay-per-user pricing models are making Ké ’ s solutions extremely attractive to Ghanaian lenders, says Hern.  In addition this enables Ké to provide support without having physical presence in the respective countries.

“ Ké ’ s ability to adapt so effectively has enabled our African clients to really gain a foothold in areas that have been inaccessible until now for great market penetration,” says Hern.  “ We are really looking forward to facilitating future growth and engaging more and more in these markets.”



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE BUSINESS NEWS

Ringier Africa and Asia Pacific get new structure and leadership

Ringier is restructuring its international market set-up for the beginning of the new year, with four dedicated teams established for each of the African business models.  Read More

Travelstart secures strategic partnership with MTN

Amadeus, the global technology investor, has announced a $40m investment in Travelstart in partnership with MTN, Africa’s leading mobile and digital life services operator.  Read More

VMware appoints new Regional Director of SSA

VMware has announced the appointment of Matthew Kibby as regional director of Sub-Saharan Africa (SSA). Read More

More than 700 delegates at Sage’s first African Business Partner Conference in South Africa

Sage’s first African Business Partner Conference in SA marks a milestone in Sage’s journey towards becoming the global market leader for integrated accounting, payroll and payment systems. Read More

SweepSouth secures funding from top SA Venture Capitalists

Vumela Fund has backed online home cleaning services platform SweepSouth. Read More

Smarter use of digital skills, tech, could boost global economy by $2 Trillion: Accenture

Optimizing the use of digital skills and technologies could generate $2 trillion of additional global economic output by 2020, according to a new study by Accenture. Read More

Ghana’s real estate industry to benefit from MLS database

Real Estate Professionals in Ghana will soon have access to a new Multiple Listing Services (MLS)  designed to relieve them of the stress of listing properties.  Read More

Online shop Dakika launches in Kenya

Dakika online, a Kenyan owned e-commerce platform, has launched its operations in Kenya to offer a stress free shopping experience to online shoppers across the country. Read More

Chinese tech firm Konka opens shop in Nigeria

Another Chinese technology firm, Konka Telecoms of China, yesterday opened shop in Nigeria with a pledge to deepen competition in the mobile phone market and give customers opportunities to experience the cutting edge technology associated with its products. Read More

Orange to acquire Airtel’s subsidiaries in Burkina Faso and Sierra Leone

Orange and Bharti Airtel International (Netherlands) BV have signed an agreement leading to Orange’s acquisition of Airtel’s operations in Burkina Faso and Sierra Leone. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks Unlimited

FEATURED STORY

Viber Spreads Good Vibes in Africa with the introduction of public chats Viber Spreads Good Vibes in Africa with the introduction of public chats

Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. 

IN DEPTH

Poised for greater heights – Roshi Motman, AfricaCom CEO of the Year WinnerPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner

Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.