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Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion
The clash between Nigeria’s banks and telcos over accumulated debts for USSD services risks disrupting essential mobile money services for millions of Nigerians.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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E3 Capital and Lion’s Head Climate Fund Hits First Close at $48 Million to Back African Startups
E3 Low Carbon Economy Fund for Africa joins the growing list of funds backing startups in Africa’s climate tech sector.
- Region
- Sub-Saharan Africa
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US Government Announces $300 Million Funding to Establish a First-Of-Its-Kind Data Centre in Ghana
DFC Corporation announced that it is using its $300 million loan facility to Africa Data Centers (ADCs).
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data
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Tyme Raises $77.8 Million to Fuel Global Expansion
Tyme, a global digital bank and the parent of South Africa's TymeBank has secured $77.8 million from Norrsken22 and Blue Earth Capital.
- Region
- Sub-Saharan Africa
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Renewable Energy Association of Nigeria Signs $100 Million Deal to Promote Renewable Energy
The Renewable Energy Association of Nigeria (REAN) has signed an agreement with Odyssey Energy Solutions to make solar equipment procurement more efficient and cost-effective for solar companies operating in Nigeria.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, solar
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era92 Fund Raises $425,000 From Angello and PVL to Back Micro and Social Ventures in Uganda
era92 Fund backs companies solving our society’s biggest challenges to build a prosperous Africa.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Switzerland Allocates €217 Million to African Development Fund to Support Climate Resilience
Switzerland is allocating funding to the African Development Fund (ADF) to strengthen the financing of climate projects in Africa.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
