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$1.2 Million Innovation Fund Launched to Unearth Emerging Technologies in Africa
The African Enterprise Challenge Fund (AECF) (www.AECFafrica.org) has today launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, renewable energy, scale, solar
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Afriex Raises $1.2 Million Seed to Scale Its Payments and Remittances Platform Across Africa
Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Report: Second Wave of COVID-19 Infections Impacting Business Normalization in India
The 'second wave' of the pandemic is delaying business normalization in the country, as coronavirus infections rise in Maharashtra and other states, a report by a Japanese brokerage said on Monday.
- Categories
- Coronavirus
- Region
- Asia Pacific
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O-City Partners with the Philippines’ Land Bank to Pilot Digital Payments in Public Utility Vehicles
BPC Technology’s payment division, O-City, is partnering with the Philippines’ Land Bank of the Philippines to pilot the country’s digital payments in Public Utility Vehicles such as buses and jeepneys.
- Categories
- Technology
- Region
- South Asia
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Kuda Raises $25 Million More Led by Valar to Become the Neobank for ‘Every African on the Planet’
Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Faiths Institute Asks Gates Foundation to Change Tactics in Africa
An African faiths environmental institute is calling on the Bill and Melinda Gates Foundation to stop funding green revolution technologies and genetically modified seeds for the continent, but instead support natural methods to help Africa achieve food sufficiency and protect its environments.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Coronavirus: G7 Backs International Monetary Fund’s Aid Hike for Low-Income Nations
Finance ministers from the US, Germany, Britain, Canada, France, Italy and Japan have thrown their weight behind plans to boost aid to developing nations by hundreds of billions of dollars.
- Categories
- Coronavirus, Finance
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Boosting Financial Inclusion With Airtel Mobile Money
The recent investment of $200 million in Airtel Africa’s mobile money business by The Rise Fund will further enhance financial inclusion in Nigeria, since the country is one of the 14 African countries, where Airtel Africa currently operates, writes Emma Okonji.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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