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A device that can pull drinking water from the air just won the latest XPrize
The winner of the Water Abundance XPrize creates enough water for 100 people every day by making an artificial cloud inside a shipping container.
- Categories
- Technology, WASH
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Report: Habitat for Humanity finds Housing Microfinance helps improve living conditions in Kenya
As part of the project, housing microfinance loans were offered not only to informal workers with unsteady incomes, but also to low-income salaried workers making between US$5-10 per day.
- Categories
- Finance, Impact Assessment
- Region
- Sub-Saharan Africa
- Tags
- housing, microfinance
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Nigeria’s central bank asks all microfinance institutions to recapitalise by 2020
The Central Bank of Nigeria(CBN) increases the minimum capital base of National Microfinance Banks to N5 billion from N2 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Viewpoint: How the US will transform its investment role in Africa with a new $60 billion agency
For at least thirty years, the US’s commercial relationship with Africa has been dominated by resources underground. Oil, gas and minerals account for about half of all US direct investment in Africa. There has been growth in almost every sector of Africa’s economy, but commercial relations with the US have been dominated by US engagement in natural resources.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kenya sets aside funds to develop domestic mobile phone industry
Kenya’s minister of information, communication and technology said on Tuesday that the government had set aside 1 billion shillings ($9.90 million) to help local start-ups in the mobile telephone software and hardware segments to grow.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: The Fintech100 – announcing the world’s leading fintech innovators for 2018
The 2018 Fintech100 is the fifth edition of the annual report, a collaboration between fintech investment firm H2 Ventures and KPMG Fintech. The Fintech 100 includes the 'Leading 50' fintech firms around the globe, ranked based on innovation, capital raising activity, size and reach; and the 'Emerging 50', exciting new fintechs that are at the forefront of innovative technologies and practices and are often pursuing new business models.
- Categories
- Finance
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Amazon is investing millions to keep packaging out of landfills
There's plenty of work to be done: The United Nations says about 300 million tons of plastic waste are produced every year, and global plastic production is expected to triple by 2050.
- Categories
- Environment, Investing
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Viewpoint: As Safaricom turns 18, has its innovation ‘conveyor belt’ slowed?
After the global acclaimed mobile money transfer service Mpesa, Safaricom has not had another innovation that has captured its users.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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