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Thunes and Vodacom Tanzania Launch Cross-Border M-Pesa Payments for Uganda and China
Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
A central pillar of the new strategy, launched by Minister for Development Jenny Chapman, is a focus on accelerating the flow of private capital to developing countries.
- Categories
- Environment, Finance
- Region
- Global
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Press Release: IFC and Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The risk-sharing facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered in Africa.
- Categories
- Agriculture, Finance, Health Care
- Region
- Sub-Saharan Africa
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Viewpoint: Who Really Uses Her Mobile Money Account?
While men generally operated mobile money directly, the women they interviewed in rural Ghana were largely dependent on an intermediary to complete even the simplest transaction: a husband, a daughter, a neighbor or a local agent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Drip Capital Surpasses $9 Billion in Trade Transactions as SMBs Navigate Shifting Global Supply Chains
SMBs continue to face a substantial working capital gap, with traditional banks pulling back on small business lending and alternative lenders increasingly unable to meet the scale or speed that global trade requires.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
British Climate Partners will target highest emitting developing economies with over £1 billion in climate finance.
- Categories
- Environment, Finance
- Region
- Global
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Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge
Across 48 Sub-Saharan African economies, a firm that has operated for nearly three decades employs barely twice the workers it had at birth. The gap relative to high-income economies is large, structural, and costly.
- Categories
- Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Sub-Saharan Africa
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Latin America’s Digital Bank Plata Secures $405 Million in Series C Funding, Reaching $5B Valuation
Previously focused on credit cards, the platform has now introduced deposit accounts and debit cards, delivering comprehensive digital banking solutions to Mexican consumers for the first time.
- Categories
- Finance, Technology
- Region
- Latin America
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