Digital Industry – Mobility & Transport – Telecoms – Renewable Energy – Social Enterprise
We supply, distribute, market, and sell smartphones, tablets, laptops, telecommunications equipment, solar products, wearables, mobile accessories, bicycles, ebikes, buses and value-added products in the communication, transport, home entertainment and navigation sector. These include Internet of Things (IOT), ICT products, POS -devices, Android set-top boxes, and televisions. Direct Sales Agency management, mobile money and mobile banking rollout, technology software and systems, insurance for the poor & mass market (BOP) and inclusive business.
Onyx is also collaborating with mobile network operators in Zambia (MNO’s) namely (Airtel & MTN,) in driving Financial Inclusion through Mobile Money Services. Onyx is positioning itself to leverage the existing operator agent network and grow the agent network into the underserved rural Zambia, to finance their float requirements which operators and banks are currently not willing to finance. The lack of finance of the agent network, create gaps in the supply of both cash and float to aid seamless operations of mobile money and increase in the penetration of the mobile money product. The lack of float and cash is even more widespread in the peri-urban and rural areas of Zambia. Onyx is seeking Investors to collaborate with as we try to drive Mobile Money, Devices and Solar home System Penetration in Zambia. In addition to conventional mobile money penetration through the growth of agent network and the financing thereof, Onyx believes there is unexploited opportunities in the mobile money, insurance and Digital Space. One of the areas of opportunity is the integration of mobile money, financial inclusion and insurance with banking platform where agents can go and access float and cash outside banking hours using Bank automated Teller machines (ATMs) when required to ensure a 24/7 liquidity and float availability to cater to the needs of customers. Onyx believes we can drive innovation in this regard and develop a revenue share model with the operators (MNO’s).
ONYX is working with Banks on agency and merchant banking provisions of digital banking using direct sales Agents in all the (10) Provinces of Zambia including CDF Loan management with local government in all the provinces for local businesses and citizens in Zambia.
WHY ONYX?
“Lack of mobility, telecoms, renewable energy and financial inclusion in African countries is a key constraint to growth, to improving education, Agriculture and health outcomes, to improving quality of life and to supporting economic and social development”.
Onyx are the best providers of connected products for consumers, and enterprises, Highly recommended!