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Africa Tech Trends: The Age of Start-Up Accelerators
Start-up accelerators are common in Europe and the United States, where the likes of Y Combinator and Startupbootcamp have emerged as leaders in the model and have offered hundreds of start-ups both equity funding and mentorship to assist them in scaling. But in Africa the concept is still very young, having only really arrived in 2012.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rwanda: New Strategies Needed to Attract Small Savers to Invest in Shares
It had been a 'bad' trading year. The balance sheet was deep in the negative, following heavy investment in restructuring, rebranding and repositioning.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya’s Mobile Money Use Swells to a Record $50,000 per Minute, $26.1 Billion Annually in 2014
Kenya's 2014 mobile money use surged to a record 26.1 billion U.S. dollars, an increase of about 4 billion dollars from previous year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Sustainable Cattle in Kenya Pay Off
For thousands of years the pastoralist communities of northern Kenya have herded their cattle alongside elephants and zebras, the grass of the rangelands shared between livestock and wildlife in relative balance. In recent decades, climate change, habitat loss, and human population growth have combined to erode that balance, leading to overgrazing and the degradation of the grasslands that both humans and wildlife need to survive.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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‘Swiss Leaks’ Catastrophic for African Economies
Developing countries in Africa have been hit by the full force of the recent Swiss Leaks scandal. The Swiss branch of HSBC bank cost Tanzania, Senegal and the Ivory Coast over 30% of their national health budgets. EurActiv France reports.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Unable to Get Credit, African Entrepreneurs Turn to Crowdfunding
Crowdfunding is a way to raise money from a large number of people via the Internet to fund a project. The concept is well established in the West, but is still new in Africa. A World Bank project in Kenya has launched a mentorship program to help business owners take advantage of crowdfunding, which some say could help replace the kind of aid they currently receive from NGOs.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- crowdfunding
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Agriculture Insurance Turning Around Farmers’ Lives in East Africa
Jackie Kiconco sits in her garden with her right hand supporting her chin. Her eyes are gazing across the maize garden that she had planted but because of late rainfall, the seeds failed to germinate.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Upwardly Mobile: The Power of a United Approach to African Payment Innovation
The growing use of banking services in South Africa is driven by a national rollout of social security debit cards and strong economic growth across finance, real estate and business services sectors. According to the Banking Association of South Africa, just under a quarter of the adult population (23.5%) remains unbanked.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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