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UNICEF, Philips launch maternal and child care innovations project
Kenya is set to benefit from a joint project of UNICEF and the Philips Foundation which targets at reducing maternal and child mortality rates.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Sisu Global Heath wins $100,000 investment from AOL co-founder Steve Case
A Baltimore startup that developed a surgical tool to recycle the blood of a patient suffering from internal bleeding landed a $100,000 investment Monday from AOL co-founder Steve Case, winning a "live pitch" competition among eight Baltimore companies.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Hershey Announces Clinton Global Initiative Commitment to Build a Sustainable Supply Chain
The Hershey Company announced a new Clinton Global Initiative (CGI) Commitment to Action to train 7,500 farmers in Ghana on improved agronomic practices, empowering them to supply local commercial markets with safe and high-quality peanuts to produce Vivi, a vitamin and mineral-fortified nutritional supplement distributed to school children in Ghana.
- Region
- Sub-Saharan Africa
- Tags
- supply chains
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Cellphones broaden business opportunities for Tanzanian women
What would happen if Tanzanian women who never before owned or could afford a cellphone suddenly received one?
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenya Announces First-Ever Government Bond to be Offered Exclusively via Mobile Phone
The Treasury has announced the first-ever Government Bond that will be offered exclusively via mobile phone, pointing to the growing relevance of mobile money solutions in the evolving payments space.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Barclays Bank’s Kenya Lab Targets Financial Solution Developers
Barclays has opened the Barclays Kenya Product Lab in Nairobi, an agile product development program that will give local developers access to a pool of resources to come up with solutions that could potentially change the future of the financial industry.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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East African Community Members Move to Tame Mobile Money Fraud
East African nations are working to reach a common SIM card registration framework to help tame crime that is perpetrated using mobile phones.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kiva Winding Down Kenyan Operations of Peer-to-Peer Microfinance Lending Platform Kiva Zip
Kiva, a US-based microfinance intermediary, recently announced that it is winding down its peer-to-peer microfinance lending platform Kiva Zip in Kenya. Since its inception in 2012, Kiva Zip has enabled users to lend directly to microentrepreneurs in Kenya and the US. Loans in Kenya are distributed through M-Pesa, a mobile money transfer service. Most of Kiva’s loans differ from those through Kiva Zip in that they are intermediated by microfinance institutions. As of 2015, Kiva Zip had received deposits from approximately 8,000 direct lenders and disbursed the equivalent of USD 1.8 million in local currency to approximately 6,500 borrowers in Kenya. As of the same date, Kiva Zip reported a repayment rate of 91 percent [1].
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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