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Husk Power Reaches Minigrid Profitability
Net-zero energy services company Husk Power Systems has become the first minigrid company to achieve profitability.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Kenya to Employ Mobile Money to Fight Tax Evasion
Kenya has introduced a new policy aimed at using mobile money to curb tax evasion in that country.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Diaspora Remittances Now Kenya’s Largest Foreign Exchange Earner
Kenya is now earning more foreign exchange from diaspora remittances than each of its major exports.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South Africa’s Eskom Says Worst Power Cuts Over for Now but Urges Less Use
Outgoing CEO Andre De Ruyter also re-affirmed that power cuts would continue for two more years at least.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Can Kenya’s New Data Centre Boost Africa’s Digital Economy?
Despite a rocky 2022, Africa is still poised to grow its digital economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Madagascar Solar Firm Secures Funding to Connect 50,000 Households
Off-grid solar power, spearheaded by a variety of start-ups, has gained in popularity in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- housing, renewable energy, solar, startups
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Kenya: KFW Lends €20 Million for Water and Sanitation in Kericho and Kisii
The loan will be used to finance the expansion of water supply and sanitation systems in Kericho and Kisii counties in Kenya.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- lending, sanitation, water
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African Mobile Game Publisher Carry1st Raises $27 Million in Funding Round Led by Bitkraft Ventures
The company aims to enhance monetization in the region through Pay1st, its embedded payments solution and online marketplace for virtual goods.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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