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No girl’s period should force her to miss school, and this startup is making sure of that
Twenty years after Bamisaye finished school, Nigerian schoolgirls continue to face the same challenges when they menstruate. So, she decided to do something about it—by creating a startup that provides girls with menstrual hygiene kits in the hope that they'll stay in school.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Taxing mobile money will hinder financial inclusion, says GSMA
“I am very concerned anytime there is any indication that government or anybody wants to take any step that may inhibit the growth of mobile money. When you tax mobile money, you are taxing the people who are probably the most excluded in mainstream financial service."
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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South African Fintech Startup JUMO Bags USD 3 Mn In Equity Investment From Proparco
JUMO leverages the mobile networks to provide loans and savings-products to its customers. It has developed a credit scoring algorithm which helps customers to unlock the value of their digital footprints by giving an accurate estimation of their creditworthiness.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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How a Foundation is Looking to Help Millions of Young People Find Work in Africa
By 2035, there will be more young people entering Africa's workforce each year than in the rest of the world combined. Can that high-stakes challenge be solved with better training and education, savvy use of technology, and wider financial inclusion?
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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World’s 1st Renewable Mini-Grid Industry Association Established in Africa to Help Drive Economic Development
Today, the Africa Mini-grid Developers Association (AMDA) announced its official establishment. The trade association — currently numbering 11 member companies including innovative start-ups and established utilities — aims to combine private sector innovation, efficiency, and customer service with public sector support to help end energy poverty across Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press release: Three leading development finance institutions sign loan agreement to support capital markets and high impact sectors in Africa
Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members today signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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NRD Foundation Supports Jibu with First Philanthropic Pledge
The foundation was inspired by Aziz Hashim, the successful multi-unit franchisee that created a franchise-focused private equity firm NRD Capital, to support social entrepreneurs and job growth around the world. The first focus for the foundation is Africa, where NRD Capital already has investments.
- Region
- Sub-Saharan Africa
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M-Pesa, Paypal deal to jolt Equity’s control
On market trends, the deal is likely to be a blow to Equity Bank which has dominated the Paypal transaction market in the Country since 2013.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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