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Viewpoint: Cryptocurrencies: Africa’s New ‘Blood Diamonds’
Central African Republic (CAR), the world’s second-poorest country, is nowhere near ready for payments via cryptocurrencies. Yet CAR’s authorities threaten significant fines and other penalties on vendors who refuse to accept bitcoin for payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Africa Finance Corporation Launches US$2 Billion Facility to Support Economic Recovery & Resilience in Africa
In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$2 billion facility to support recovery and resilience in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Identitypass, an Identity Verification API for Africa, Raises $2.8 Million Seed Funding
Addressing the need for fintechs and digital businesses in Africa to perform stringent KYC and verification checks on their customers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, startups
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Paradigm Enters Africa With $30 Million Round for ‘Super App’ Jambo
The Congo-based startup is building a platform for Web 3 user acquisition.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain
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EU Lawmakers Are Pushing for a Plan to Raise Cocoa Prices in West Africa
West African farmers at the heart of this value chain have remained extremely poor over time - lawmakers are trying to change that imbalance.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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WHO, Gavi Not Planning COVID Vaccine Buys From South Africa’s Aspen
The World Health Organization (WHO) and its COVID-19 vaccine partner Gavi have no immediate plans to buy shots made by Aspen Pharmacare.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- manufacturing
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Ukraine War Fuels Food Crisis in Distant Africa
Price rises sparked by the Russian war on Ukraine, are worsening the food crisis across Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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The Unspoken Risks and Side-Effects of the PAYGO Model in Africa
The sale of off-grid solar systems using end-customer credits has become a widespread standard today under the overall term pay-as-you-go (PAYGO).
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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