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African Development Bank Secures $11 Billion in Historic Fund
The African Development Bank’s concessional financing arm mobilised a record $11 billion from 43 Partners in its 17th (ADF-17), an amount the multilateral lender said signals confidence in the continent’s development prospects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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TenPay Global And Mastercard Collaborate to Enable Fast And Secure Remittances to Weixin Pay
With the steady rise in international travel, global commerce, and overseas employment, the demand for fast, secure and convenient cross-border money transfers continues to accelerate.
- Categories
- Technology
- Region
- Global
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Analysis: The Hidden Kenyan Workers Training China’s AI Models
An unemployment crisis has created fertile ground for companies to step in with opaque systems built on WhatsApp groups, middlemen, and bargain-basement wages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Partners SpaceX to Roll Out Starlink Direct-to-Cell Connectivity Across 14 Markets
Under the partnership, Airtel Africa becomes the first mobile network operator on the continent to offer Starlink Direct-to-Cell services.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: There Is No Such Thing as Impact Investing
There is philanthropic investing, and there is commercial investing, and there is nothing in between.
- Categories
- Investing
- Region
- Global
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Africa-Focused Seed Investor Chui Ventures Closes 1st Fund at $17.3. Million, Launches New $60 Million Vehicle
Chui Ventures is an investment company that backs exceptional African startups at the early stage of their growth.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Big Bets and Broken Unicorns: Tiger Global’s Rise and Reckoning
The fast-money pandemic era helped build billion-dollar startups around the world — then brought many down just as quickly. Will the AI boom be a repeat?
- Categories
- Investing
- Region
- Global
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Uber Eats Alum Lands $14 Million Seed from a16z to Fix WhatsApp Chaos for Latin America’s Doctors
Solving the WhatsApp communication challenge in Latin America is critical because, according to Merin, patients in Latin America often choose their doctors based on their willingness to communicate using this channel.
- Categories
- Health Care, Investing, Telecommunications
- Region
- Latin America
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