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Massive Demand for Senior Leaders in Burgeoning African Fintech Sector
With the rapid and sustained growth of the fintech sector in East Africa, in particular in Kenya, there has been a sharp rise in demand for skilled leaders to fill positions, and companies are looking globally – and to South Africa specifically – in their talent search.
- Region
- Sub-Saharan Africa
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Kenya: Unilever Tea to install 600kW solar power plant
Unilever Tea recently signed an agreement with Cross-Boundary Energy for the installation and operation of a 600kW solar power plant at the company’s Kericho tea plantation in Kenya.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Soapply Initiative Funds Sanitation and Hygiene Solutions in Africa
While working in East Africa, Mera McGrew quickly learned that a simple act like washing hands with soap could prevent child mortality. Her initiative, Soapply, addresses the serious issue of clean water, sanitation and hygiene across the globe. With each purchase, the company funds up to $10 worth of impact through water, sanitation and hygiene initiatives and aims to leave a lasting positive impact.
- Categories
- Education, Health Care, WASH
- Region
- Sub-Saharan Africa
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New Financial Inclusion Initiative Aims to Reach 60 Million Nigerians with 500,000-agent Network
Known as the Shared Agent Network Expansion Facilities (SANEF), the initiative entails an aggressive roll out of 500,000 agent network to offer basic nancial services, such as Cash-in, Cash-out, funds transfer, bill payments, airtime purchase, government disbursements as well as remote enrolment on BMS Infrastructure (BVN) to an estimated 50 million Nigerians that are currently under-banked.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN’s record Ghana IPO is seen drawing Africa-focused funds
“The offer will generate a lot of global interest,” Boahen said by phone from the capital, Accra. “If you see the numbers, it’s a very profitable company. MTN has a dominant market position and a lot of investors will like to get a piece of the fast-growing telecom sector.”
- Region
- Sub-Saharan Africa
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African leaders have created the world’s largest free trade area since the WTO—here’s its potential
The agreement has the potential to deliver a great deal for countries on the continent. The hope is that the trade deal will trigger a virtuous cycle of more intra African trade, which in turn will drive the structural transformation of economies – the transition from low productivity and labour intensive activities to higher productivity and skills intensive industrial and service activities—which in turn will produce better paid jobs and make an impact on poverty.
- Region
- Sub-Saharan Africa
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SimbaPay launches AI-powered chatbot that enables global money transfers via text
Digital money transfer provider SimbaPay has launched an AI-powered chatbot service which enables its customers to make international money transfers with just a text.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Agriculture in Africa faces the great challenge of exporting
Africa relies more and more on exporting its commodities, and agricultural products for more than half of its countries.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- global development, SDGs
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