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Twice as many African presidents made it to China’s Africa summit than to the UN general assembly
A Quartz analysis of the African principals who spoke at the general debate using the country list published by the UN shows fewer African presidents attended the general assembly in New York than were at the third summit of the Forum on China–Africa Cooperation that took place in Beijing two weeks earlier in September.
- Region
- Sub-Saharan Africa
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Why Kenyan Borrowers Aren’t Scared of Defaulting on Mobile Loans
The majority of Kenyans borrowing loans from mobile phones do not believe they have to pay loans back, a situation that is troubling banks venturing in this lucrative but risky segment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Giving poor people cash is a good idea. Giving entrepreneurs cash might be a great one
As the country’s population continues to grow—the median age of in the country is only 18—the economy is struggling to create jobs at a sufficiently fast pace.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Zimbabwe is hiking mobile money taxes to plug its fiscal deficit, but it could backfire
In a country with a history of cash shortages, multiple currencies and hyperinflation, mobile money had become a key payment alternative. Cash is hardly ever accessible in Zimbabwe as banks frequently run out of monetary notes, leaving mobile money and bank cards as the only transaction options.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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These are Africa’s most genius companies of 2018
According to the Times Magazine, these companies are driving progress and creating a creative solution to a problem - and those solutions sometimes change the world.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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LeapFrog invests in Pyramid Group
Founded in 2001, the company offers a comprehensive range of quality medical products from top-tier brands including Medtronic Plc and Johnson & Johnson, opening-up access to specialised products like pacemakers and hip replacements for consumers in Africa who historically have had to travel abroad to access specialist products and treatments.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Viewpoint: How India Could Transform Africa
An Aadhaar-like digital ID system would boost growth as much as Chinese-built roads.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African financial technology startups move beyond payment services
If mobile money was the first phase in the development of digital finance in Africa, the next phase of digital financial services on the continent will focus on lending, insurance and wealth management
- Categories
- Technology
- Region
- Sub-Saharan Africa
