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Fintech Startup TeamApt Now Operates Nigeria’s Largest Non-Bank Mobile Money Platform
Moniepoint, the mobile money platform launched last year by Nigerian fintech startup TeamApt, has become the largest non-bank mobile money service in the country, processing 13 million transactions monthly.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ilara Health Secures $1.1 Million Grant To Improve Maternal Health Outcomes in Kenya
Ilara Health, the healthtech company which provides point of care diagnostic testing to small primary care clinics in Kenya, has received a $1.1 million grant from the Bill & Melinda Gates Foundation.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Sudan’s Record Wheat Harvest Is Proof That Bank Agricultural Transformation Program Will Boost Breadbasket Goal
Despite coronavirus-related lockdowns, travel and transport restrictions, Sudan has just recorded its largest wheat harvest. According to Sudanese officials, the nation saw a wheat production level of a 1.115 million-ton harvest from 315,500 hectares of farmland. That’s quite an improvement from just five years ago, when farmers in Sudan working about a quarter-million hectares of land harvested just 472,000 tons of the grain.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Ripple Donates $10 Million To Mercy Corps To Accelerate Financial Inclusion in Emerging Markets
Ripple, an enterprise blockchain solutions for payments, has announced a $10 million USD contribution to Mercy Corps to expand financial inclusion and increase economic empowerment globally.
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Mastercard Foundation and ICCO Cooperation Partner To Strengthen the Resilience of 80,000 Farmers in Senegal
ICCO Cooperation and the Mastercard Foundation have joined forces to support smallholder farmers in Senegal who were left reeling from the impact of COVID-19. The COVID-19 Recovery and Resilience Agrifinance Project (CORRAP), co-created with Senegalese producers, aims to support smallholders to recover from the pandemic and emerge stronger and more resilient to future crises and shocks.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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ShopUp Raises $22.5 Million To Digitize Millions of Mom-and-Pop Shops in Bangladesh
A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Bigger Sometimes Is Better When It Comes To Farm Size
According to the Food and Agriculture Organization of the United Nations (FAO), about 90 percent of the world's 570 million farms are small and most are found in the rural areas of the developing world, but they produce food for a substantial proportion of the world's population. Many small farmers take on other economic activities to add to their small incomes.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Catalyst Fund, Mastercard Foundation, MEST Launch $4.3 Million Inclusive Digital Commerce Accelerator in Ghana
Catalyst Fund has partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme.
- Region
- Sub-Saharan Africa
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