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VC Firm Ventures Platform Closes Pan-African Fund II at $84 Million
The firm targets companies that bridge infrastructural gaps and promote prosperity by eliminating access barriers and reducing delivery costs across the continent by identifying companies that address non-consumption through market-creating innovations.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Nairobi Targets Creators With New Fees as County Expands Digital Tax Net
The sharpest divide is between local and external filmmakers, with foreign productions paying more than six times what local producers pay for a single shoot.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Indermit Gill’s Parting Thoughts as He Exits the World Bank
Outgoing World Bank chief economist talks debt and discord, while Germany slashes development aid and low- and middle-income countries search for bankable climate solutions.
- Categories
- Education, Energy, Environment, Finance, Health Care, Investing, Technology, WASH
- Region
- Global
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Nigeria Approves NIGCOMSAT-2A, 2B Satellites to Boost Broadband and Digital Sovereignty
The satellites are expected to expand Nigeria’s satellite capacity, improve broadband connectivity and reduce the country’s reliance on foreign satellite infrastructure.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Vox, Frogfoot Raise $900 Million to Expand Broadband to 360,000 South African Homes Yearly
According to a Bloomberg report on Monday, the companies, which are units of the Johannesburg-based Vivica Group, raised R8.4 billion in equity funding and R6 billion in debt.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Sun Mobility Launches Battery Swapping Network in Kenya
SUN Mobility's Kenya launch builds on a platform already proven in India, where more than 125,000 vehicles run on over 2,000 stations across 25 cities, supported by more than 30 vehicle manufacturer partners.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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ATEC Receives a Letter of Authorisation From the Bangladesh Government to Generate Article 6.2 Carbon Credits
The LOA formalises the Bangladesh government's approval for the international transfer of generated ITMOs, making ATEC the first clean cooking developer to receive an LOA in Bangladesh.
- Categories
- Environment, Technology
- Region
- Asia Pacific
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Analysis: Growth Without Work: The Human Cost of the AI Revolution
'In an excerpt from his book “The New Divide: Power, Control & the Cost of AI,” writer Jibu Elias examines the technology’s impact on jobs.'
- Categories
- Technology
- Region
- Asia Pacific
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