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What’s the Most Efficient Way to Deploy Mini-Grid Distribution Infrastructure?: A Study Assesses Different Approaches — And Finds a Clear Winner
Mini-grids have emerged as a viable technology to accelerate energy access in sub-Saharan Africa, but if they hope to become commercially sustainable, their profitability and distribution infrastructure must improve. Tombo Banda, Charles Sweetland and Faisal Olanipekun at CrossBoundary share the preliminary results of a Mini-Grid Innovation Lab study that explores the most efficient ways to deploy a distribution grid, highlighting the benefits and challenges of different approaches.
- Categories
- Energy, Technology
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Press Release: Report: 95% of Fintech Apps Across Africa Immediately Expose Valuable, Exploitable Secrets
Approov, the end-to-end mobile security provider, released a report showing that 95 percent of the most popular African banking and financial services apps contain easy-to-extract secrets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Perch Energy Raises $30 Million from Nuveen to Accelerate the Growth of Community Solar & Expand Access to Clean Energy Savings for All
Nuveen will leverage its impact investing expertise and affordable housing portfolio to further position Perch, the largest pure play community solar servicer.
- Categories
- Agriculture, Environment, Investing, Technology
- Region
- Global
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Press Release: GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries
The grant from Bill & Melinda Gates Foundation will facilitate development of AI-assisted applications and tools to enable healthcare professionals with less experience to perform quick and accurate ultrasound scans.
- Categories
- Health Care, Technology
- Region
- Global
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IFC Invests $50 Million in New LeapFrog Fund to Bolster Health, Financial Services Businesses in Africa
The latest fund will focus on growing businesses in healthcare and financial services by helping companies adopt digital solutions and offer new products that can reach underserved segments of the population.
- Categories
- Environment, Finance, Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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Colombian Virtual Energy Marketing Company Bia Raises $16.5 Million
Bia provides innovative solutions as an alternative to traditional paper-based billing to address the evolving demands of the energy market.
- Categories
- Energy, Technology
- Region
- Latin America
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A $200 Billion Opportunity: What Payment Data Shows About the Rise of Africa’s Digital Economy
Africa’s digital economy is growing rapidly, and according to Agosta Liko at Pesapal, businesses, financial institutions and governments could add US $200 billion to the continent’s GDP in the next six years by supporting that growth. He shares payment data that highlights how, and where, digital transactions are happening in Africa — both online and in person — and explores what that means for the digital economy’s growth prospects in the region.
- Categories
- Finance, Technology
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East Ventures and SV Investment Inject $100 Million Fund to Supercharge Tech Startups in Southeast Asia
Indonesia-based venture capital firm East Ventures and Seoul-based venture capital firm SV Investment have joined forces to establish a new fund targeted at $100 million.
- Categories
- Investing, Technology
- Region
- South Asia
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