Cassava inspires Masiyiwa, Econet

Masiyiwa

There’s a lot in a name.

A name signifies many things: inspiration, motivation, milestone, something that happened and many others.

And for Econet Group and its founder, Strive Masiyiwa, it can be easily deduced that its latest venture was inspired by the popular plant: cassava.

And thereby named Cassava Technologies, it brings together Econet’s digital services and digital infrastructure product segments encompassing fiber broadband networks, data centers and renewable energy as well as cloud, cybersecurity, fintech and digital platforms.

Headquartered in London, CT, with operations and activities in most African countries, is Africa’s first integrated tech player of continental scale at the forefront of technology innovation.

Its product segments provide digital solutions to over one million enterprises and enable access to the internet for over 500 million people and its Sasai Super App is projected to provide access to fintech services for over 75 million customers across Africa by 2025.

CT aims to empower individuals and businesses in Africa through digital solutions which drive the vision of a digitally connected future that leaves no African behind.

The company encompasses well established and leading technology brands, including Liquid Intelligent Technologies, Africa Data Centres, Liquid Cloud, Sasai Fintech, Vaya Technologies and Distributed Power Technologies. 

Econet Group’s mobile telecoms businesses which include Econet Wireless Zimbabwe, Econet LEO (Burundi), Econet Telecom Lesotho, Econet’s investment in Mascom Wireless Botswana, Econet’s mobile money business and EcoCash Holdings Zimbabwe are unaffected and will continue to operate under the Econet Wireless brand.

“Technology creates pathways to democratize access to opportunity. Only through accelerating digital innovation in Africa will we empower individuals, families, businesses and economies to reach their full potential. As Africa’s economy transitions to digital, there’s a tremendous opportunity for increasing connectivity to usher in a new wave of digital tools and solutions that will improve the lives of millions of Africans. This is why we’ve created Cassava Technologies to make technology as accessible as cassava, fufu in Africa,” London-based African telecoms and tech entrepreneur Strive Masiyiwa, Founder/Executive Chairman, Cassava Technologies, said.

Also speaking, Hardy Pemhiwa, CEO, Cassava Technologies, said, “We’re delighted to announce the launch of Cassava Technologies. Our unmatched fiber broadband, data centres and renewable energy infrastructure, paired with fintech, cloud, cybersecurity, and on-demand digital platforms, will accelerate Africa’s digital transformation. As Cassava Technologies, with a footprint covering more than 15 countries, we’re suitably positioned to meet the growing needs of businesses operating in Africa and expand access to fintech and other digital services to enterprises, small and medium size businesses and consumers across Africa.”

CT’s businesses and its founder-led management team have a 25-year track record of success and a rich history of innovation in Africa.

It operates the largest independent pan-African terrestrial fiber broadband network which spans more than 62,000 miles covering more than 300 towns and cities across Africa from Cape Town to Cairo.

It also operates Africa’s largest footprint of interconnected carrier neutral data centers and the Sasai Super App supporting payments and remittances across the continent. This digital infrastructure is the bedrock of Africa’s digital economy, enabling connectivity and social mobility for Africa’s more than 1.33 billion people.