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Tesla Batteries Are Keeping Zimbabwe’s Economy Running
The southern African country faces chronic shortages of physical cash, so almost all transactions are done digitally, and many via mobile phones.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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PEG Africa Raises $5M in Debt Funding From ElectriFI
PEG Africa currently provides 400 000 daily users in Ivory Coast, Ghana and Senegal with credit for solar home systems via its pay-as-you-go financing model.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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M-Pesa Mulls Joining Nigeria’s Mobile Money Market
Safaricom, a major player in the East African Telco market and mobile money operator, will be considering its prospects in the West African zone with Nigeria as the key driver.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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EcoCash Bureau DE Change Launch to Spur Financial Inclusion in Zimbabwe
With a customer base of about 10 million, EcoCash will instantly dominate the bureau de change market share surpassing the combined transactions of more than 200 other licenced agencies countrywide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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MTN Nigeria Officially Launches Mobile Money Operations
As its biggest market, the Nigeria launch is seen as a significant move by experts and industry players.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Next-Generation African Leaders Announced As Winners Of The Resolution Social Venture Challenge
Winning projects address a wide range of challenges Scholars have observed first-hand in their communities, including financial literacy among rural women, access to nutritious foods in orphanages, and safe and affordable biomedical devices to reduce the impact of preventable diseases.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- youth
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Viewpoint: Cloud Computing Could Be Key to Speeding up Africa’s Development
What’s especially useful about cloud computing is that companies or organisations don’t need to own computing infrastructure or data centres. Instead, they can rent access to storage and applications, among other things, from a cloud service provider. This allows them to get access to sophisticated capabilities on demand. And they don’t have to spend a great deal of money building and maintaining IT infrastructure on site.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, global development, SDGs
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G7 Summit Commit $251M for African Women Entrepreneurs
“I am particularly proud, as the current G7 president, that the programme we are supporting today, the AFAWA initiative, comes from an African organisation, the African Development Bank, which works with African guarantee funds and a network of African banks,” Macron stated at a press conference at the G7 Summit in Biarritz, France.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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