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How Tech Investors in Africa Coped With the Changes Enforced by COVID-19
Last week’s virtual Africa Tech Summit Connects event brought together a host of African tech investors to discuss trends, challenges and opportunities in the wake of COVID-19, and all agreed that the way they do business has been altered by the pandemic.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Fintech in Africa: Reshaping the Financial Sector
Across many countries in Africa, fintech is improving financial inclusion and stimulating innovation and productivity in major sectors, such as the small and medium-sized enterprises (SME) sector and the agriculture sector, the backbone of the region's economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Private Sector Can Help Light the Way for Forcibly Displaced People. Here’s How
According to the UN Refugee Agency (UNHCR), 97% of FDP have limited or no access to electricity in camps. As a result of constrained resources and short-term funding cycles, energy access is rarely considered in the country strategies, projects and budgets of the UN.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: Transforming a Supply Chain Into a Social Enterprise
Creating sustainability initiatives that can scale requires innovative balancing of social impact and profit seeking.
- Region
- Sub-Saharan Africa
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Press Release: Villgro Africa Pioneering Social Entrepreneurship in Healthcare and Life Sciences
Villgro Africa, an impact investor that inspires, nurtures, and scales innovation by offering customized technical assistance and investments to early stage social entrepreneurs in Africa today celebrated its 5th anniversary as they go beyond their boundaries to serve the rest of Africa.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Federal Government To Invest in the Deployment of Mini-Grid Systems To Power 5 Million Homes in 2021
The Minister said the government will invest in Mini-grid systems that will provide power for 5 million homes in 2021.
- Region
- Sub-Saharan Africa
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Press Release: The ABC Fund Scales Agriculture SMEs in Kenya and Uganda With $2 Million Revolving Credit Facility for FACTS
The Agri-Business Capital (‘ABC Fund’) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV (‘FACTS’) to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, scale
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Analysis: Revolutionising Nigeria’s Microfinance Landscape Through Insurtech
According to Augusto & Co’s estimates for the 2019 financial year, the insurance industry in Nigeria generated gross premium income (GPI) of N471 billion, approximately 12% higher than the preceding year’s GPI. Compared to other African countries like Kenya and South Africa with 2.9% and 14% respectively, insurance penetration in Nigeria is low.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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