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Kenyan Startup Finplus Passes $500 Million Transaction Value Mark
Kenyan fintech startup Finplus Group has announced its software has now processed over US$503 million in combined transaction value in less than four years of operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Funds Are Emerging to Back African Female Tech Founders
Globally, less than 5% of venture capital went to female-led startups in 2019.
- Categories
- Technology
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How Digital Technology Is Reshaping Rural Microfinance
“When most people think of microfinance, they think of group-lending programs or maybe even mobile money systems like M-Pesa,” said Carter. "But there are other opportunities with mobile phones, satellites and other digital technologies to enhance access to small scale financial services to low-wealth rural households in developing countries.”
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: What’s Ahead? Southeast Asia Startup and Venture Capital Ecosystems 2021
Venture Capitalists (VCs) believe in capitalizing on disruptive innovation and developing technologies to displace older technologies, create new markets, and prepare the world for unexpected situations (e.g., global pandemics)–even if not all the startups and industries that VCs invest in may do so.
- Categories
- Investing, Technology
- Region
- South Asia
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Two Former Coinbase Employees Are Building a DeFi Lending Protocol for Emerging Markets
A pair of former Coinbase employees are launching a new protocol that aims to advance one of the DeFi space’s primary use cases — decentralized lending — in the world’s emerging markets.
- Categories
- Finance, Technology
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Mobile Money Contributed 10% of $2.87 Billion Revenue Generated by Airtel Africa in 2020
Voice revenue continues to be the major source of revenue for the telco in the country. It grew by double-digits to $657m in the nine-month period. There was no mobile money revenue in Nigeria but the revenue generated from data was huge.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Developing Countries Offer Enormous Market Potential for Long-Duration Energy Storage
Achieving deep decarbonization of the global energy system requires energy storage that can store more energy for longer durations. Lithium-ion (Li-ion) batteries, thus far, have played a key role in supporting the integration of renewable energy resources into the electric grid. But as the share of variable renewable energy in power systems increases around the world, new energy technologies that can store electricity for longer durations at low cost are needed.
- Categories
- Energy, Technology
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New Sanitation and Wastewater Management Benchmark Tool in Africa
Africa must invest in innovative sanitation and wastewater management to achieve development goals – report
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa