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National Microfinance Bank to digitize agricultural sector in Tanzania
National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization of the agricultural sector in Tanzania with the roll-out of eKilimo, a mobile solution developed by the Mastercard Lab for Financial Inclusion.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Europe Pledges €300 Million For 19 African Renewable Energy Projects
The European Commission has pledged €300 million in an effort to leverage further investments amounting to €4.8 billion for the development of 19 new renewable energy projects in Africa, as part of its role in the Africa Renewable Energy Initiative.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Johnson & Johnson to make hospital consumables at new East Africa hub in Nairobi
Healthcare products manufacturer Johnson & Johnson has set up an East African operations hub in Nairobi. The company, in a major shift in its market strategy, will now depart from the initial business set up where it worked through distributors.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health, vaccines
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Full steam ahead for healthcare providing ‘trains of hope’
The Phelophepa train draws a crowd wherever it goes. The sound of the lumbering 19-car clinic-on-rails signals the arrival of badly needed free healthcare for thousands of South Africans as it tours the country.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Africa leads in creating resilient women entrepreneurs – Mastercard Index
Following the release of the Mastercard Index of Women’s Entrepreneurship (MIWE) this week, it was revealed that 34.8 percent of businesses in Uganda are owned by women, making it one of the top performing African countries highlighted in the index.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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First FinTech Fund for Inclusion of the Underserved Raises $141 Million
The first FinTech fund created to help the underserved has closed, reaching millions in capital contributions, which will go toward people and companies who need assistance in the financial sector.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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South Sudan Will Now Charge $10,000 For An Aid Worker Permit. Why?
Late last month, famine was declared in two counties of the civil-war torn East African country of South Sudan. With 100,000 people at risk for dying of starvation in that area alone and millions more on the brink of crisis-level food shortages throughout the country, South Sudanese President Salva Kiir promised "unimpeded access" to humanitarian aid organizations working there.
- Region
- Sub-Saharan Africa
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Vodafone Slams Proposed Split of Kenyan M-Pesa as`Ridiculous’
Safaricom Ltd, East Africa’s biggest mobile-phone company, would have to reconsider future investment in Kenya if proposals to break up the company are implemented, the head of mobile money at parent Vodafone Plc said.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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