Microjobs startup Salo has launched in Angola, aiming to connect people who are unemployed, underpaid or have some free time with busy individuals needing tasks completed.
Salo, which went live last week, is looking to address Angola’s high unemployment – 26 per cent of people are out of work – and is the first platform of its kind in the country, drawing inspiration from the likes of South Africa’s now-defunct M4JAM and Mozambique’s Biscate.
Co-founder Kenneth Hogrefe told Disrupt Africa the startup has launched with funding from a local angel investor, and has seen an impressive number of signups already.
Salo is initially only available in the Angolan capital Luanda, but plans to expand to the whole country within the next 12 months and then to other Portuguese-speaking countries in Africa.
“At the moment our focus is to grow our user base, educate them about the use of a microjobs platform and learn how people are using Salo,” Hogrefe said. “We will start to monetise within 12 months. Our monetisation strategy is to take five per cent commission from each transaction.”