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Sisu Global Health Closing in on $1M Seed Round
The company that makes a low-cost blood transfusion device received the first investment from a new fund focused on Maryland startups.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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PEPFAR and AstraZeneca Launch Partnership Across HIV and Hypertension Services in Africa
The U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) and biopharmaceutical company AstraZeneca today announced a $10 million (subject to the availability of funds), five-year global public-private partnership that will expand access to HIV/AIDS and hypertension services by offering them in an integrated manner at existing PEPFAR-supported HIV/AIDS sites, beginning in Kenya.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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The Rise of Black Start-Ups and Social Entrepreneurship in South Africa
With tough economic times and unemployment rising in an ever-changing world that is becoming more democratised, it is no surprise that there is a rise in black start-ups and social entrepreneurship. The reality for most black entrepreneurs is that they venture into entrepreneurship not of out career luxury, but rather out of the need to survive economically. Their long-term objective is not to create wealth, but merely to keep the business afloat while living off the profits.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rwanda Finalises Process to Interlink Financial Sector
The government of Rwanda is in final stages to interlink its financial sector, a move that will see the banking, microfinance, pension, insurance as well as capital market linked together.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Vanessa Zommi: The Entrepreneur Fighting Diabetes With Tea
Vanessa Zommi’s business is flourishing in her native Cameroon. She has an established business with social entrepreneurship at its heart. Zommi got an early taste for entrepreneurship by watching her mother sell computers after school, “I started learning how to make money, how to market a product, and how to talk to customers. I learnt the basics.” These early experiences would shape her future immensely.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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How Your Social Media Reputation Could Secure You a Loan
Traditional banking in Africa has failed - 80% of the continent's 1.2 billion people do not have a bank account or access to formal financial services. So mobiles and web-based services are stepping in to fill the gap. But there is much more to Africa's financial services story than M-Pesa, the wildly successful mobile banking platform launched in Kenya and Tanzania in 2007.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- credit scoring
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Nigerian Regulator Restores WorldRemit, 10 Other Money Transfer Operators
The Central Bank of Nigeria has given new operating licenses to 11 International Money Transfer (IMTOs) service providers, in efforts to open up the market and make foreign exchange readily available to the nation’s low income earners.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bank Fight Telcos Over Mobile Money Dominance in Ghana
The Central Bank announced a new set of guidelines for the service about a year ago to improve money transfer via mobile phones. The new regulatory regime among others empowered telecom companies to also own and run the electronic money business like banks.
However, it appears the banks are rather concerned about the threat posed by mobile money services.- Categories
- Technology
- Region
- Sub-Saharan Africa
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