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Kenya’s million dollar bitcoin startup BitPesa expands to Tanzania
Kenyan bitcoin startup BitPesa is expanding to neighboring Tanzania about a year after it launched its mobile-friendly digital currency exchange.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Uber Battles Locals for Future of African Taxis
In the traffic-clogged, potholed streets of Kenya’s capital city, there is a battle waging for the future of the African taxi ride that is pitting local startups eager to become the “Uber of Kenya” against, well, Uber.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Vodacom’s M-Pesa Growth Still Not Reaching South Africa
Vodacom identified mobile money service m-Pesa as a growth engine but its 2014/15 results showed this to be truer internationally than in South Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- lending, savings, telecommunications
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Money Keeps Moving Toward Somalia, Sometimes In Suitcases
Some financial companies in the U.S. resort to carrying cash on airplanes to keep remittances flowing to needy Somalis.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Opinion: Entrepreneur-Led Development – A New Model for Africa
Aid-based approaches have improved untold millions of lives across the continent, but it is the economic opportunity side of the development coin that will have more catalytic impact in driving development on the African continent, says Tony Elumelu.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Ecocash Users in Zimbabwe Can Now Make Mobile Money Transactions in Local Languages
Users of EcoCash, the mobile money offering of Econet Wireless, are now able to transact in local languages after the company announced new enhancements to the platform.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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In Africa, the Future of Insurance Is Micro and Mobile
Telecoms companies are redefining Africa's insurance landscape, using their brand recognition and wide customer reach to offer micro-insurance products to the tens of millions of uninsured Africans.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Development Bank Invests $50 Million in Indigenous Power Developer CEC Africa
The Board of Directors of the African Development Bank (AfDB) approved on 29 April 2015 a $50 million investment in CEC Africa Investments Limited, a multinational power company headquartered in Nigeria and Zambia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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