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Rise Fund to Invest $200 Million in Airtel Africa Mobile Money Business
The Transaction is the latest step in the Group's pursuit of strategic asset monetization and investment opportunities, and it is the aim of Airtel Africa to explore the potential listing of the mobile money business within four years.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: How Nigerian Banks Empower Women Through Corporate Social Responsibility
The benefits of corporate social responsibility practices for businesses include enhanced reputation, legitimacy and customer loyalty. But these practices are not just marketing to make businesses look good. They are also a way to develop markets and sustain business.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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ADF Supports Digital Financial Inclusion for African Women With $6.95 Million
The Africa Digital Financial Inclusion Facility (ADFI), supported by the French Development Agency (AFD) and hosted by the African Development Bank (AfDB) has committed to financing digital financial inclusion in Africa with six grants totalling $ 6.95 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Burkina Faso to Get New Large-Scale Renewable Energy Plant
The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today, 15th March.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Fund Worth $25-Million Launches for Early-Stage African Tech Startups
Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Egypt: The African Development Bank Group Funds Sanitation Infrastructure for Rural Communities
The African Development Bank Group will loan Egypt $129,8 million (€109 million) to improve sanitation infrastructure and services to rural communities in Luxor Governorate in Egypt’s Upper Nile region.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Africans Slam Rich Nations for Blocking Access to Generic COVID Vaccines
Charities in Africa slammed rich nations on Thursday for blocking efforts to waive patents for COVID-19 vaccines, saying this would prolong the pandemic for years in poorer nations and push millions across the continent deeper into poverty.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Flutterwave Has Raised $170 Million With a Bid to Connect Africa’s Digital Payment Landscape
Flutterwave, an Africa-focused payment technology company, has raised $170 million in a Series C round, positioning itself to further connect and capitalize on the continent’s thriving yet highly fragmented digital payment landscape.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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