Innovation in Finance: how Abalobi is creating a thriving marketplace for South Africa’s fisher communities

Authored by: Thea Sokolowski
May 4, 2020 - 1 min read
Catalyst Fund Abalobi South Africa small fishers

Abalobi’s marketplace and fintech platform create economic opportunity for South African fishers: #InnovationinFinance documentary series

This video was produced with BBC Storyworks as part of the Innovate Finance #InnovationinFinance series, highlighting impactful fintech solutions from around the world. View the full series here.

In South Africa, fishing communities often struggle to manage their finances and access a fair price for their daily catch. Abalobi’s platform offers a suite of financial tools designed for smallscale fishers, including inventory management, accounting and more, as well as access to a marketplace that connecting fishers directly to chefs at local restaurants who can purchase their fish at a fair price.

Told through the perspective of Abalobi customer Emily Newman, learn how access to fintech innovation has improved livelihoods for the fishers in Struisbaai.


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