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Press Release: MicroSave – MasterCard Foundation advance digital finance services in Francophone Africa
MicroSave (www.MicroSave.net), in partnership with The MasterCard Foundation (MasterCardFdn.org), today, 2 February 2017, launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa. The program is expected to benefit over 250 DFS providers and will focus on the WAEMU region, the Democratic Republic of the Congo, and Madagascar. Additionally, a DFS knowledge portal in French will be launched as the go-to place for information on digital financial services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria: Apathy Grows As 86.6 Million Nigerians Are Without Insurance
Long before Nigeria was finally plunged into recession last year, it has been pretty challenging to get Nigerians to appreciate the benefits inherent in insurance products, with the sector contributing a meager 0.6 per cent to the nation's Gross Domestic Product (GDP).
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Exeo Capital Agri-Vie Fund II Attracts Over $100 Million
EXEO Capital, the pan-African private equity investment firm, has announced the first close of the second Agri-Vie Fund, focused on the food and agribusiness sector in Sub-Saharan Africa, after attracting commitments of over $100 million, one third more than the initial target.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Innovative Financing Key to Transforming Africa’s Healthcare
Targeted investments in infrastructure, workforce and improved governance are key to transforming the heath sector in Africa, said the head of the Health and Education Investment Team at the International Finance Corporation (IFC), Biju Mohandas.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Rwandan Telecom Operator Launches Mobile Micro-Loans Service
Rwanda local telecom operator Tigo has launched a pilot phase of their mobile financial services platform that allows Tigo Cash users to access loans via their mobile wallets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- lending, mobile finance
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Social Impact Bonds to Fund Student Financial Aid Program in South Africa
Two hundred million rand has been raised for the pilot project, in which 2000 students have already been selected to participate.
- Categories
- Education
- Region
- Sub-Saharan Africa
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New African Union CDC health operations center is open for business
The Africa Centres for Disease Control and Prevention was officially open for business on Wednesday, following a ribbon cutting ceremony at the conclusion of this week’s African Union summit.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Kenya’s BitPesa Closes $2.5M Funding Round
Kenyan digital currency payments platform BitPesa has closed a US$2.5 million series A funding round, with a view to expanding its services further across West and Southern Africa, as well as in the UK and Europe.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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