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Millions of Ugandans quit internet services as social media tax takes effect
In the three months following the introduction of the levy, the number of internet subscriptions to such services fell by more than 2.5 million, according to the Uganda Communications Commission. Fears have been raised over the impact on the economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Colonialists Are Coming For Blood — Literally
Developing nations have protested before that richer countries and their corporations should compensate them for their biological resources. They consider it colonialism for the bioprospecting age: Instead of stripping the developing world of its precious metals, timber, or minerals, the nations of the West are mining for microbes and other biological source materials.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Ivory Coast telcos in mobile money tax dispute
The Telecommunications/ICT Regulatory Authority of Côte d'Ivoire (ARTCI) has directed mobile operators to immediately stop transferring the additional cost of mobile money transactions onto the consumer.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Kenya’s Family Bank appoints first female CEO to take on the country’s male-dominated banking industry
Rebecca Mbithi has been appointed as the new Family Bank CEO replacing David Thuku who resigned in September last year. Her appointment, if approved by the Central Bank of Kenya will make her one of the few female chief executives in Kenya’s financial services sector.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Don’t overlook Africa’s ‘fragile’ states for social businesses, urge industry experts
“Of course you have to do things differently in fragile states compared to other countries, but it is possible to see your businesses grow,” said Fiona Lukwago from the Africa Enterprise Challenge Fund (AECF), an impact investment fund.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Internet Connectivity Gets A Mobile World Congress Boost
The continent's first live 5G network in South Africa, the world's first 400Gbps backbone network in Kenya and a 750 kilometer (km) fiberoptic network in Nigeria's Edo and Ogun States were announced at Mobile World Congress in Barcelona this week.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Despite barriers, South Africa is a good place for impact investments
Generating financial returns from investments in social and environmental projects can at times be difficult, but impact investments have provided competitive returns.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Press release: Hello Tractor and CTA launch partnership to support smallholder farmers access mechanisation
Across sub-Saharan Africa, farmers face some of the lowest rates of mechanisation. Despite the benefits of tractor mechanisation, cost and access have been key impediments to its widespread adoption.
- Source
- Press release
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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