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Press Release: IFC and Interbank Partner to Boost Trade and Strengthen Trade Finance in Burundi
Interbank Burundi has joined IFC's Global Trade Finance Program (GTFP) to support the growth of trade finance, counter foreign exchange shortages and support regional trade.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Report: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies
The report notes that while cash is “still king” in Africa, fintech startups are ideally positioned to solve the continent’s financial exclusion woes.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, financial inclusion, fintech, startups
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Press Release: Sun King and Citi Close First $130 Million Sustainable Securitisation to Broaden Access to Finance for Off-Grid Solar in Kenya
The transaction aims to expedite clean and reliable energy access for Kenyan families and businesses.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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USAID Funds $18 Million for Water and Sanitation in Two Counties in Liberia
Access to basic or improved water services for their residents will be enhanced through the design of water service delivery modules.
- Region
- Sub-Saharan Africa
- Tags
- hygiene, sanitation, water
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Spiro Reaches 1 Million Battery Swaps With Its Electric Two-Wheelers in Africa
In Uganda, Spiro recently signed a landmark agreement with the Ugandan government to replace boda-bodas with electric motorbikes.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion
The clash between Nigeria’s banks and telcos over accumulated debts for USSD services risks disrupting essential mobile money services for millions of Nigerians.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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E3 Capital and Lion’s Head Climate Fund Hits First Close at $48 Million to Back African Startups
E3 Low Carbon Economy Fund for Africa joins the growing list of funds backing startups in Africa’s climate tech sector.
- Region
- Sub-Saharan Africa
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