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$60.2 Million Subsidy Into KPLC to Help Reduce Electricity Tariffs in Kenya
Kenyans are set to receive some reprieve from the cost of electricity tariff thanks to a $60.2 million subsidy Kenya Power and Lighting Company (KPLC) has received from the government.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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World Bank to Fund $900 Million Development Projects in East Congo
The World Bank and Congo have signed two funding conventions of $900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country, the Bank said in a statement.
- Region
- Sub-Saharan Africa
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Africa is Getting its First Full-Service Vaccine Facility
The new vaccine facility, dubbed Madiba (Manufacturing in Africa for Disease Immunisation and Building Autonomy) will be built in Diamniadio.
- Categories
- Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
- Tags
- manufacturing, vaccines
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Nigerian Startup Klasha Gets an Additional $2.1 Million for Its Cross-Border Commerce Play
Lagos and San Francisco-based Klasha has received an additional $2.1 million to complete its $4.5 million seed round.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Farms of the Future a Blueprint for South African Regenerative Agriculture
McCain Foods Limitedhas unveiled plans for its second Farms of the Future, which will be located near Lichtenburg in South Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- climate change
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How Two Africans Overcame Bias To Build A Startup Worth Billions
A pair of twentysomethings from Uganda and Ghana thought there was a fortune to be made bringing transnational financial services to Africa's 1.2 billion people.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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ZirooPay To Tap Africa’s $500 Billion Retail Market With Unique Mobile POS Technology
ZirooPay will leverage its recent funding round to tap into the growing opportunities in Africa’s retail sector.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, scale
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Talk360 Raises $4 Million Seed Round to Expand its Calling Business, Build African Payment Platform
Talk360’s calling app raises capital to expand footprint and brand across Africa, and open its’ payment platform to other merchants.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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