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Sefa Finances $8 Million for Productive Use of Off-Grid Solar in Ethiopia
The funding will support a pilot project “to test the commercial viability and effectiveness of a business model integrating mini-grids with agro-industrial operations at nine sites in Ethiopia”, says the AfDB.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Mastercard Accelerates Commitment to Digital Transformation in Africa
The new alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: d.light and Orange Partner to Open up Access to Off-Grid Solar Energy in Africa
d.light and global telecom operator Orange’s energy business unit Orange Energies sign a strategic partnership to sell d.light solar home products and systems in 11 African countries.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Raxio Opens a Data Centre in Mozambique and Plans to Launch More Facilities on the Continent
Raxio Group has announced the opening of its first facility in Mozambique as part of its $290 million investment strategy on the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, infrastructure
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Kenya’s Copia Mulls Shutdown Amid Plans to Lay Off Over 1,000 Staff
The layoffs would be a drastic cost-cutting measure for the company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, e-commerce, employment, failure, startups
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Press Release: Microsoft and G42 Announce $1 Billion Comprehensive Digital Ecosystem Initiative for Kenya
The largest single private-sector digital investment in Kenya’s history will support economic development across East Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: TaroWorks Is Offering $20,000 Grant to a Humanitarian Aid Organization to Digitize Its Field Operations With Last-Mile Technology
TaroWorks, in collaboration with Qualcomm Wireless Reach, is excited to announce a $20,000 humanitarian technology grant — a funding opportunity for non-profit organizations dedicated to providing humanitarian aid to vulnerable populations in hard-to-reach environments.
- Categories
- Technology
- Region
- Global
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South African Fintech Company Adumo Acquired by Lesaka in $85.9 Million Deal
Adumo is South Africa’s largest independent payments processor, assisting approximately 23,000 active merchants.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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