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Viewpoint: Poor policy slowing Kenya’s ICT sector as neighbors take lead
Today, much of the traction witnessed in the last seven years has slowed to a crawl. Growth in Kenya’s ICT sector has petered out and the country is now struggling to attract fresh technology financing and prove its competitiveness amidst competition from new emerging markets such as Rwanda and Ethiopia. A recent report looking into startup financing in the region found that local e-health startups barely managed to take two per cent of Sh1.9 billion in funding that went to the sector in the last three years.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Huge private sector investment puts Paris climate target in reach, says report
At least one trillion dollars are being invested globally in ways to reduce the threat of climate change, including renewable power, energy efficiency, and public transport around the world.
- Categories
- Energy, Environment, Investing
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Demonetisation Anniversary: 40% of Indian Mobile Wallet Users Shift Back to Cash
A study on the usage pattern of mobile wallets conducted by Chrome Data Analytics & Media, found that around 40% out of the 65% active users for mobile wallets have shifted to cash transaction with an increase in the availability of cash in hand.
- Region
- South Asia
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Millions either malnourished or obese in global nutrition crisis
Researchers behind the Global Nutrition Report, which looked at 140 countries, said the problems were “putting the brakes on human development as a whole” and called for a critical change in the response to this global health threat.
- Categories
- Health Care
- Tags
- nutrition, public health
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India still scarred a year after Modi’s demonetization move
It is almost a year since India’s prime minister, Narendra Modi, announced a shock move to ban most of the cash in circulation.
There remains a significant level of skepticism from some quarters about how successful demonetization has been.- Region
- South Asia
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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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