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Fenix International outpaces industry growth to reach 150,000 Zambians in 9 months
Pay-go energy company Fenix International, part of global utility Engie, has reached 30,000 Zambian households just 9 months after expanding into the country in partnership with telecom MTN.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Press release: Goodwell launches EUR 20 million fund
Goodwell Investments has launched a new EUR 20 million fund for investments in the inclusive economy in Sub-Saharan Africa. The launch specifically meets the growing demand for impact investments from private investors, family offices and foundations, and plays to the many investor requests Goodwell received following the successful closure of its predecessor fund earlier this year.
- Source
- Press release
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Hello Tractor, Aeris to launch farm machinery rental services in India
According to Rishi Mohan Bhatnagar, President of Aeris India, the service is likely to be launched with 500 tractors in less than three months in eastern Uttar Pradesh and Bihar, where fewer farmers can afford expensive machinery, unlike relatively prosperous and large farmers in states like Punjab and Haryana where ownership of farm equipment is high.
- Categories
- Agriculture
- Region
- South Asia
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Benin is the latest African nation taxing the internet
The new law has been denounced, with citizens and advocates using the hashtag #Taxepamesmo (“Don’t tax my megabytes”) to call on officials to cancel the levy. The increased fees will not only burden the poorest consumers and widen the digital divide, but they will also be “disastrous” for the nation’s nascent digital economy, says ISF’s executive director Julie Owono.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Press release: WorldRemit launches digital money transfers within Africa
Leading international money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Tanzania’s Nala wins Ecobank Fintech Challenge
After being named overall winner of the annual challenge, which is run annually by Ecobank and was last year won by Nigerian fintech startup IroFit, Nala walks away with US$10,000 in prize money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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Press release: Ambitious new Innovation Partnerships with African countries
A series of ambitious new Innovation Partnerships between the UK and Africa are expected to stimulate significant economic growth and support the creation of thousands of new jobs. Initiatives in South Africa, Kenya and Nigeria will include teams to boost innovation in technology, an accelerator programme and entrepreneurship schemes.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Go-Jek to partner with peer-to-peer lending firms
Go-Jek, whose backers include Alphabet Inc’s Google and China’s Tencent Holdings, has grown rapidly since launching eight years ago in Indonesia, a country with a population of more than 250 million people.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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