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Bridge International Academies Sues Kenya National Union of Teachers for Defamation
Bridge International Academies Limited has sued Kenya National Union of Teachers (Knut) and secretary-general Wilson Sossion for defamation, arguing that they published offensive and untrue information about the chain of schools in reports and letters to various education stakeholders.
The chain has asked the High Court to issue an award for damages caused by Knut and Mr Sossion’s statements as well as bar them from further defaming Bridge International Academies.
Mr Sossion in his response argues that his claims on Bridge International reaping profits without providing quality education were fair comments that were well researched by Knut and global lobby Education International (EI).
- Categories
- Education
- Region
- Sub-Saharan Africa
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Why cross-border payments are the next innovation frontier
Market analysts have predicted that cross-border payments are the next frontier where innovative technologies will challenge the existing expensive, clunky business models.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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How Vodafone is supporting health delivery in Africa
By working with startups and NGOs operating in developing countries, communication giants have access to an important intelligence network helping them to understand development needs and enable better coverage for emerging markets. And the development community, in turn, can scale solutions for wider and faster impact.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Post offices are key to scaling up remittances and financial inclusion in Uganda
The new project, “Scaling Up Remittances and Financial Inclusion in Uganda,” will provide remittances services in poor rural communities as well as in refugee settlements, many of which are taking in those fleeing conflict and food insecurity in neighbouring South Sudan.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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AfDB Approves U.S.$ 15 Million Equity Investment in Shore Capital Fund to Support Inclusive Growth in Africa
With a target capitalization of US$ 150 million, the Fund will provide growth capital and capacity building to inclusive financial institutions such as Small Business Banks (SBBs), microfinance institutions (MFIs), insurance providers, leasing companies, housing finance companies and financial technology providers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Fintech: Africa’s payments and remittances space becoming crowded
Disrupt Africa last week released its Finnovating for Africa: Exploring the African Fintech Ecosystem report, which looks at key trends in terms of the location, focus, fundraising successes and chances of acquisition of fintech start-ups. We asked Tom Jackson, co-founder of Disrupt Africa, about the report’s major takeaways.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Press release: The MasterCard Foundation Fund for Rural Prosperity Launches New Funding Opportunity for Financial Services Providers to Improve the Lives of Poor People in Rural Africa
The 2017 competition will follow a ‘rolling’ format. It will be open throughout the year with applications submitted and evaluated periodically. The first submission period will close for judging on August 10, 2017. Unsuccessful applicants will be able to refine and resubmit their applications subsequently, along with new entrants in the competition.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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SPRING announces 19 startups joining East Africa cohort
Disrupt Africa reported in 2015, SPRING launched its inaugural program in East Africa, focused on supporting startups improving the lives of adolescent girls living in poverty. 18 startups were selected to join the first cohort, receiving an average of US$80,000 each. A second program was conducted in Asia.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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