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More banks given go-ahead to roll out mobile cash in Kenya
The number of commercial banks approved by the Central Bank of Kenya to operate interbank mobile money transfer platform, PesaLink, has doubled to 24 from 12. The product was unveiled on February 16.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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High tech taxi-cab hailing in Africa – a tale of two countries
Entry of the mobile technology ride-sharing service, Uber, into passenger transport markets across the world has brought disruptive competition with substantial benefits to consumers. Africa is no exception.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa finds its own path for fintech development
Fintech in Africa remains the most financially supported area of tech start-up activity in the continent. The Disrupt Africa African Tech Startups Funding Report 2016 found that fintechs received a combined $31.4 million in investment during the year.
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Safaricom and mSurvey launch Consumer Wallet to map Africa’s cash economy
Kenya’s leading mobile provider, Safaricom, is teaming up with data collection startup mSurvey to launch Consumer Wallet ― an online platform using mobile and SMS to map Africa’s cash-based economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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National Microfinance Bank to digitize agricultural sector in Tanzania
National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization of the agricultural sector in Tanzania with the roll-out of eKilimo, a mobile solution developed by the Mastercard Lab for Financial Inclusion.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Europe Pledges €300 Million For 19 African Renewable Energy Projects
The European Commission has pledged €300 million in an effort to leverage further investments amounting to €4.8 billion for the development of 19 new renewable energy projects in Africa, as part of its role in the Africa Renewable Energy Initiative.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Johnson & Johnson to make hospital consumables at new East Africa hub in Nairobi
Healthcare products manufacturer Johnson & Johnson has set up an East African operations hub in Nairobi. The company, in a major shift in its market strategy, will now depart from the initial business set up where it worked through distributors.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health, vaccines
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Full steam ahead for healthcare providing ‘trains of hope’
The Phelophepa train draws a crowd wherever it goes. The sound of the lumbering 19-car clinic-on-rails signals the arrival of badly needed free healthcare for thousands of South Africans as it tours the country.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health