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Renewable Energy Startup Using Blockchain Raises $3 Million in Funding
Blockchain-based renewable energy startup SunExchange has raised $3 million in a recent funding round to expand its services. The funding highlights the increasing demand in South Africa and the region for solar power and alternative investment options.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Financial Inclusion Will Be Vital in a Post-Pandemic World
The world will never be the same as Covid-19 has created a springboard for the fourth industrial revolution
- Categories
- Coronavirus, Education, Finance
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Coronavirus May Cost Africa $4.8 Billion in Crop Exports
The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey & Co. said.
- Categories
- Agriculture, Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
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Blue Finance and Ocean Outcomes Become First Grant Recipients of Convergence’s Asia Natural Capital Window
With funding from the RS Group for its Asia Natural Capital Design Funding Window, Convergence awards Blue Finance and Ocean Outcomes (O2) design-stage grants for blended finance solutions targeting Sustainable Development Goal 14–Life below Water.
- Categories
- Environment, Finance
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Social Entrepreneur Building Rural Economy, Urges MFIs to Launch Disaster Fund
Yunus, was speaking on June 6, Saturday, at a webinar organised by Sa-Dhan, the platform for Indian MFIs
- Categories
- Coronavirus, Environment, Finance
- Region
- Asia Pacific
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How Coronavirus Slashed Trips to Kenyan Atms to an All-Time Low in April
In April, the value of money transacted through cards and point-of-sale machines declined by a third to Sh35.2 billion from Sh52.1 billion in March.
- Categories
- Coronavirus, Finance
- Tags
- financial health
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Mobile Money Shields Some Zambians from Coronavirus, Endangers Others
Zambia’s government has called on the public to use less cash in order to reduce their exposure to the coronavirus. Now mobile money tellers and grocers find themselves at risk.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Press Release: DFC Approves $1 Billion of Investments in Global Development
Projects support developing countries reeling from COVID-19 and include first transactions using equity and technical assistance