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The big tech and innovation trends in Africa for 2018
Fintech companies across the continent providing key services in loans, savings and payment, have been increasingly rewarded with investment and significant nods.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, startups
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Perspective: Safaricom ‘stifles’ other telco players, no level playing field
Heated debate over a controversial telecoms report commissioned by the Communications Authority on market dominance was one of the key highlights of Kenya's telco industry this year. The detailed study, carried out by London firm Analysys Mason had some policy recommending that market leader Safaricom share its infrastructure with rivals.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Econet’s Cassava spin-off wants to be the Tencent of Zimbabwe
Shareholders in Zimbabwe’s largest mobile phone operator are set to become owners of a company with ambitions to be an internet giant of Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Solar products maker d.light raises $41 million from African investment firm, others
d.light Design Inc., a San Francisco-based solar lighting and power products maker with operations in India, has raised $41 million (about Rs 294 crore) in equity funding from a consortium led by Inspired Evolution, an Africa-focused investment advisory firm specialising in the energy sector.
- Region
- Sub-Saharan Africa
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Toxic Smoke Is Africa’s Quiet Killer. An Entrepreneur Says His Fix Can Make a Fortune
Inyenyeri, aims to replace Africa’s overwhelming dependence on charcoal and firewood with clean-burning stoves powered by wood pellets. The business has just a tad more than 5,000 customers and needs perhaps 100,000 to break even.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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Nigeria’s Hello Tractor in AI, blockchain partnership with IBM Research
Nigerian agri-tech startup Hello Tractor has partnered IBM Research to pilot an agriculture digital wallet and decision-making tool that provides demand and supply visibility for farmers, tractor fleet providers and banks.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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As regulators turn sights on fintech, a Nigerian startup is first to secure credit rating
Indeed, payment startups facilitating online transactions in key African economies are increasingly getting validation with global payment giants including Mastercard, Stripe and Visa paying closer attention and investing in Nigerian fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance, startups
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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
