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Kenya, Rwanda top region in financial inclusion
Kenya and Rwanda have the highest proportion of their adult populations accessing financial services, a newly-published report says, making them East Africa’s most financially inclusive economies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Award-Winning Startup Targets Affordable Medicine for Every African
MPharma is one of five social businesses to receive awards from the Skoll Foundation at this week’s Skoll World Forum, Britain’s leading event for social enterprise.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Facebook’s AI Team Maps the Whole Population of Africa
“The maps from Facebook ensure we focus our volunteers’ time and resources on the places they’re most needed, improving the efficacy of our programs,” said Tyler Radford, executive director of the Humanitarian OpenStreetMap Team, one of the project’s partners.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In Uganda, a unique urban experiment is under way
A great experiment is under way in Uganda. An industrial skyline of water and cell towers hovers over sturdy mud huts and small farm plots. Schools and health centers are built from brick, slathered in concrete, and fitted with glass windows. Taps run freshwater, and small solar panels power streetlights, as well as radios blasting music from barbershops, televisions airing soccer matches in community halls, and cell phones snaking from charging stations in shops.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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A New Ally in Cocoa Sustainability
Acumen partnered with Hershey to publish Cocoa Interrupted:The Role for Social Enterprise in Cocoa Sustainability. The report presents an opportunity for the cocoa industry to bring new ideas and new solutions to the challenges facing cocoa farmers and their communities through collaboration with social enterprises.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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First-of-its-kind development impact bond launched in Cameroon to save newborn babies
The Cameroon Kangaroo Mother Care Development Impact Bond (Cameroon KMC DIB) aims to reach more than 2,200 newborns with life-improving care. Money will fund scale up of Kangaroo Mother Care (KMC) in Cameroon to help newborns survive and thrive.
- Categories
- Finance, Health Care, Investing
- Region
- Sub-Saharan Africa
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Kenyans turn to friends, relatives as lenders shy off
“Friends and family are the main financial solutions used by [a] majority of Kenyans when they run out of money to meet their day-to-day needs,” the survey found.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mobile Lending App Branch Partners With Visa, Announces $170 Million In Fresh Funding
Branch International, a fintech startup that assesses creditworthiness using smartphone data, has raised $170 million in Series C financing and announced a new partnership with Visa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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