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Scaling Cleaner Cooking Solutions in East Africa: Acumen Discusses Its Kopagas Exit
This is not just a problem of the inconvenience of outdated technology, but of health: more than 4 million people—the majority of whom are women and girls—die each year from exposure to the air pollution produced by cooking with open fires in their homes. That’s more than the number of deaths each year from malaria, tuberculosis and HIV/AIDS combined.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Nigeria, Kenya, South Africa Attracted $3.9 Billion VC Deals in 6 Years
Fintechs, information technology firms, and other companies in Nigeria, Kenya, and South Africa attracted a total of 613 Venture Capital (VC) deals valued at $3.9 billion, between 2014 and 2019.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- fintech, venture capital
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Viewpoint: Enhance Protection in Digital Financial Space
Over the past decade and half, digital innovations have transformed the financial sector in Kenya, generating significant benefits for consumers and the economy. As a result of the digital transformation, customers - many of whom were financially excluded or underserved - can now borrow loans, pay bills, transfer money and access their bank statements easily using their computer or mobile phone. This so-called financial inclusion miracle has mainly been driven by mobile money; as such, many of these digital financial services are based on M-Pesa, the revolutionary mobile money service launched in 2007 by Safaricom.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Digital Financial Services Policy Aims to Power Digitisation Trend in Ghana
Barely 15 years ago, financial services in Ghana were the preserve of banks and other institutions licensed by the central bank.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Mobile Money Helps Close Kenya’s Gender Gap in Financial Services
Mobile money has had the biggest impact on closing the gender gap in access to financial services in Kenya, deputy central bank governor Sheila M’Mbijiwe has said.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Renewable Energy Is Electrifying COVID-19 Isolation Centers in Nigeria
The COVID-19 pandemic has upturned our 21st century existence, wreaking havoc on both social and cultural norms and our way of life. It has also crippled the global economy and continues to impact diverse business sectors and industries — travel, transportation, education, and manufacturing.
- Categories
- Coronavirus, Energy, Environment, Finance
- Region
- Sub-Saharan Africa
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Amid COVID Crisis, an Appeal to Facilitate Migrant Remittances
More than 200 million migrants across the globe send remittances to their home countries, many of them on the African continent, and that means some 800 million family members depend on them.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- migrants, remittances
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Identification Management: The Key to Digital and Financial Inclusion in Nigeria
In a report titled 'State of Play: Fintech in Nigeria' by The Economist Intelligence Unit, sponsored by MTN Nigeria and Mastercard, examined key trends in the fintech sector in Nigeria and assessed both industry drivers and impediments to growth in the sector.
- Region
- Sub-Saharan Africa
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