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Is COVID-19 Driving Growth in Digital Currencies?
With purchases and transactions increasingly moving away from cash and towards digital channels during the pandemic, both central banks and private institutions around the world are continuing to explore the potential of digital currencies.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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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
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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
- Tags
- agritech, banks, emerging markets, environment, farming
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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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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, Entrepreneurship, 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.
- Categories
- Entrepreneurship, Finance, Investing
- Region
- Sub-Saharan Africa
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System Value Can Power the Energy Transition in Emerging Markets
The energy transition is more pressing than ever – and as governments look to economic recovery in the wake of COVID-19, they are recommitting to their energy transition plans and investing to drive faster progress.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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