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Mark Zuckerberg’s foundation is investing millions in a company that trains coders in Africa
Andela, the Lagos-based company that trains and deploys software developers, is closing a $24 million Series B round—with the Chan Zuckerberg Initiative (CZI), founded by Zuckerberg and his wife Priscilla Chan, leading the round.'
- Categories
- Technology
- Region
- Sub-Saharan Africa
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PEG completes $7.5 million round to expand activities in West Africa
PEG, an off-grid solar company in Ghana, announced that it has closed a $7.5 million Series A round. The funding will be used to expand operations in Ghana, build out the management team, and to enter Ivory Coast. PEG has over 10,000 customers and operates 29 service centers in 7 regions of Ghana.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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India’s fintech revolution is primed to put banks out of business
While global stock markets reset and U.S. tech unicorns readjust to new expectations and valuations, India’s tech renaissance is just beginning to flourish.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- fintech
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New Tool to Diagnose Zika
A Boston University researcher is on the team that created a prototype for a simple new test.
- Categories
- Health Care
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Telcos in Ghana to begin interest payments to mobile money subscribers
Some telecommunication companies are concluding moves to pay interests to their various subscribers once the Bank of Ghana directs on how the payments must be done.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Viewpoint: India’s fintech revolution is primed to put banks out of business
Infosys founder Nandan Nilekani calls it India’s “WhatsApp Moment,” echoing how a simple software solution from Silicon Valley turned the Asian telecommunications industry upside down, making obsolete decades of infrastructure,business models and loyal customer relationships with massive telecom operators.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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The Economics of Antibiotic Resistance
The business model for developing new antibiotics is broken, researchers say. The question is, can we make a new one that works?
- Categories
- Health Care
- Tags
- public health
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Mobile Money without borders; Remittance growing big in the ecosystem
Mobile money providers are exploring new models and products – such as account-to-account (A2A) interoperability, international remittances, merchant payments, salary disbursements and government-to-person (G2P) transfers – but the volumes and values of these represent only a minority of overall transactions.
- Categories
- Uncategorized
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