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Engie and Fenix to bring affordable power to the Africans living off-grid
Engie Africa and off-grid energy company Fenix International have closed their acquisition agreement, a move that aims to provide safe and affordable energy to millions of households across Africa
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Terra Incognita: Africa’s Crypto Boom Is Just Getting Started
Africa is often a forgotten continent in the tech world. However, blockchain is set to boom in a big way across the landscape; in fact, it has already begun to.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, cryptocurrency
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How mobile loan platforms have lured Kenyans into debt trap
Just as a sluggish economy in which exports have underperformed has forced Kenya to arrange for another credit to settle a loan that was maturing, tough economic times such as poor business performance, lay-offs, or delayed salary have seen digital borrowers struggle to repay their loans.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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This Social Enterprise Empowers Mothers Of Special Needs Children
The social enterprise arm of the business creates meaningful jobs for women with special needs children through a product line that includes shoes, a collaborative coffee business with Whole Foods Market, and a bottled water business.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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This Simple Mobile Layaway Plan For Poor Farmers Just Won $1.25 Million
The Skoll Award for Social Entrepreneurship honored MyAgro, which helps developing world farmers save enough to reinvest in their farms–along with companies working on making solar panels cheaper, making reporting sexual assault easier, and more.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Reserve Bank of Zimbabwe Moves to Protect Mobile Money Users
THE Reserve Bank of Zimbabwe (RBZ) has amended the National Payment Systems Act to prevent close to five million mobile money subscribers from losing their money should network operators (MNOs) collapse, an official has said.
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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FCMB Capital Markets facilitates N3.15 billion bond listing for LAPO Microfinance Bank
FCMB Capital Markets Limited has facilitated a successful fundraising and listing of LAPO Microfinance Bank Limited’s N3.15 billion bond on the FMDQ OTC platform.
- Region
- Sub-Saharan Africa
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Nairobi Slum Offers Test Bed for Tech Helping the World’s Unbanked
Starting in the poorest regions of East Africa and—if successful—spreading to other developing nations, like India, a new platform called Kionect is aiming to provide basic financial services and security to people and businesses forgotten by the formal economy.
- Region
- Sub-Saharan Africa
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