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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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International Monetary Fund Executive Board Approves $240 Million Disbursement to Uganda
The financing agreement with Uganda will allow for the immediate release of about $240 million to the East African country.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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COVID-19 Brought a Surge in African Healthtech Innovation, but How Viable Are the Startups Now?
African healthtech startups have gained prominence in recent years due to their potential to improve healthcare access and outcomes on the continent.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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