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New finance for old (technology) problems? Saving the planet with better cook stoves
Research attempting to answer this question has mainly focused on the cook’s household, finding that factors such as income, education, and access to credit limit adoption and sustained use. But this demand-driven narrative ignores the other side of the equation: the producers and distributors. Increasing awareness by both practitioners and the policy community has led to growing calls for a new focus on stove supply barriers and innovative policy tools to increase ICS sales.
- Categories
- Environment, Technology
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Innovation Prize for Africa recognizes Lakheni
A South African initiative that uses group buying power to lower food prices for needy communities, using a mobile app, has been nominated for the continental prize.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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India’s most popular mobile wallet company is pushing to disrupt financial services with a new money market fund
Paytm recently became the second nonbank to leverage India's payment bank initiative, which works to give more consumers access to mainstream financial services. As part of the initiative, Paytm will be able to accept deposits, issue debit cards, and facilitate online transactions, but it won't be able to lend money to consumers.
- Categories
- Technology
- Region
- South Asia
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On Bitcoin, India’s Government And Tech Companies Find Common Ground
Clearly, despite some initial reservations, the Indian government is keen on understanding how Bitcoin works and is willing to deploy resources to build frameworks.
- Categories
- Technology
- Region
- South Asia
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Nigerian Tech Startup Tizeti Secures $2.1M To Bring Affordable Wireless Internet To Africa
Unlike other telcos, who many think have a monopoly on internet data services in the country, Tizeti can keep costs low for its consumer-facing brand, wifi.com.ng, because it is investing heavily in building out its own solar-panelled network of towers across Lagos, as well as a network of over 3,000 public hotspots across the city.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Hike beats WhatsApp to launching messenger app payments in India
Hike, which is introducing version 5.0 today, is starting out with peer-to-peer and bank-to-bank payment options, the former being an in-app wallet that is not dependent on a bank account and the latter a service powered by India’s government-backed UPI payment system. Beyond sending cash to each other, Hike has also introduce a ‘blue packet’ feature that lets users gift digital envelopes of cash for special occasions, such as birthdays.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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U.N. glimpses into blockchain future with eye scan payments for refugees
Iris recognition devices at the checkouts of the camp's supermarket authenticate customers' identities and deduct what they spend from sums they receive as aid from the World Food Program (WFP).
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- refugees
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How Vodafone is supporting health delivery in Africa
By working with startups and NGOs operating in developing countries, communication giants have access to an important intelligence network helping them to understand development needs and enable better coverage for emerging markets. And the development community, in turn, can scale solutions for wider and faster impact.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa