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Safaricom of Kenya Talking to Banks to Grow Mobile Money
Safaricom Ltd., Kenya’s largest company by market value, is in talks with 19 banks in the East African nation to increase users of its mobile-money transfer platform, Chief Executive Officer Bob Collymore said after the company posted higher annual profits.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: In Global Shift, Poorer Countries Are Increasingly the Early Tech Adopters
Historically, industrial revolutions haven’t been kind to poor people. Despite the potential benefits technology can offer, the immediate impact on the lowest-paid members of society has often been negative. If it wasn’t putting people out of work, then technology was usually endangering them through hazardous working environments or long-term exposure to pollutants. And even today there is evidence that technology-driven economies are favoring just a small group of successful individuals, and thereby exacerbating inequality.
- Categories
- Technology
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GE, Miller Center for Social Entrepreneurship Partner for Health Challenges in Africa
GE and Santa Clara University’s Miller Center for Social Entrepreneurship have announced a partnership that focuses on training and mentoring social entrepreneurs working on maternal and child health innovations in sub-Saharan Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Viewpoint: The Business Rationale for Investing in Nature
The business rationale for investing in ecological restoration and nature-inspired biomimicrysolutions is coming into sharper focus. The business case is simply built on effectively and efficiently addressing core business issues. It is that straightforward.
- Categories
- Environment, Investing
- Tags
- impact investing
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A Breath Test for Malaria
Diagnosing malaria may soon be as easy taking a simple breath test, according to researchers.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Why M-Pesa Failed in South Africa
South Africa's largest mobile phone operator Vodacom has announced it will be scrapping its M-Pesa mobile money transfer system in Africa's second-biggest economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Online Lenders Already in Turmoil Facing U.S. Call for Rules
Marketplace lenders need to be more transparent about their business practices and some should be subject to additional oversight from U.S. regulators, according to a Treasury Department study released as the industry grapples with market turmoil and a scandal involving one of its leading firms.
- Categories
- Uncategorized
- Tags
- lending, regulations
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Sierra Leone Solar Push Aims to Bring Electricity to All by 2025
Sierra Leone aims to provide electricity to all of its 6 million citizens by 2025 in a push to boost the economy, expand crucial services such as healthcare, and reduce dependency on aid, officials said on Wednesday.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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