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Press Release: VentureBuilder Launches Innovative Approach to Support Indigenous Off-Grid Solar Companies in Africa
Mandated with expanding energy access to underserved populations in Africa, VentureBuilder’s launch will enable it to pioneer a new investment model that provides ‘patient’ early-stage capital to its local partners across Africa, combined with a specialized suite of technical expertise that will accelerate each partner’s path to scale.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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West Africa’s Cocoa Farmers Are Trapped by the Global Chocolate Industry
The chocolate industry is worth more than $80 billion a year. But some cocoa farmers in parts of West Africa are poorer now than they were in the 1970s or 1980s.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Nigeria Is Finally Turning to Telcos to Drive Financial Inclusion Through Mobile Money
Financial inclusion in East Africa has been significantly impacted by the wide adoption of mobile money services—led by Kenya— but the uptake has been slow in Africa’s two largest economies, Nigeria and South Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- emerging markets, fintech, mobile money, MTN
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Rwanda Opens ‘First Entirely Homemade’ Smartphone Factory in Africa
The company is anticipating high demand for its products. Sebera says the factory has capacity to produce a "few million phones per year," which is expected to scale up as demand increases.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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He Grew Up on a Farm. Now, He Helps Protect Them.
Thomas Njeru is a co-founder of a microinsurance firm based in Kenya that covers small farms across Africa and provides protection for low-income individuals who do not have access to conventional coverage.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Malawi Scraps 1% Withholding Tax on Mobile-Money Transactions
The mobile tax drew criticism from Telekom Networks Malawi Plc, the country’s biggest phone operator.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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This AI Helps Kenyan Farmers To Know When To Plant Their Crops
In order to see how artificial intelligence, machine learning and big data could help those farmers, French consultancy firm Capgemini teamed up with a Kenyan social enterprise in the Kakamega region in Western Kenya.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Africa’s Most-Populous Nation Missed the Mobile Money Revolution
Nigeria is a laggard in a region that accounts for half of the world’s 866 million mobile banking and payment accounts.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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