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Safaricom sets up online sales portal as net profit hits $252 million
Telecommunications firm Safaricom has established an online sales platform in a move expected to roil Kenya’s fast-growing e-commerce market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Africa’s Richest Man Aliko Dangote Pledges $100 Million To Fight Malnutrition In Nigeria
Aliko Dangote, Africa’s richest man, has pledged to invest $100 million over 5 years to tackle malnutrition in Nigeria’s worst affected regions.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Impact investing needs a common language
The field of sustainable and impact investing has shown tremendous growth over the last few years. But there are still too many asset owners sitting on the sidelines, interested in making an impact but not yet investing for it.
- Categories
- Investing
- Tags
- impact investing
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MTN Takes on Vodacom to Become Africa’s Biggest Digital Bank
Already the continent’s biggest mobile-phone company by subscribers, Johannesburg-based MTN is adding about 500,000 active banking customers a month, Chief Executive Officer Rob Shuter, 50, said on Wednesday. About 20 million people use MTN’s mobile banking now, he said in an interview at Bloomberg’s office in the South African city.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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UN Considering Reforms to Deliver the SDGs
As Member States and civil society begin the process of evaluating the implications of the Secretary-General’s report, this policy brief seeks to enhance the level of understanding and engagement in the debate through a review of the assessment of the UN development system undertaken by external experts and the Secretary-General’s related reform proposals.
- Categories
- Uncategorized
- Tags
- global development, SDGs
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Press release: Bamboo Capital Partners and Persistent Energy Capital enter strategic partnership to fuel the future of off-grid energy in emerging markets
Bamboo Capital Partners (“Bamboo”), an impact investment private equity firm delivering social and financial value, has entered a strategic partnership with Persistent Energy Capital (“Persistent”), an investor in and builder of start-up and early stage enterprises in the off-grid energy sector in emerging and frontier markets.
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4 Signs to Watch at COP23
This year’s wave of climate-related natural disasters – hurricanes, floods and wildfires in developed and developing countries alike – drives home the urgency to move full speed ahead at the 23rd Conference of Parties to the UN Framework Convention on Climate Change, known informally as COP23.
- Categories
- Environment
- Tags
- climate change
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Demonetization’s impact on domestic remittances
Trends in domestic remittances before and after demonetization would provide an insight into the impact of the policy on incomes, liquidity, as well as choice of digital channels by members of the informal sector. Such data is, naturally, not yet available. However, there is a fascinating category of firms whose experience during this period can provide important perspectives.
- Region
- South Asia
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