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BBOXX Bags $8m Loan to Accelerate Solar Home Systems in Rwanda
Next generation utility BBOXX has secured an $8 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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MTN, Barclays to Broaden Financial Inclusion in Zambia
KASAKA is an interest-bearing savings account that is available to all MTN Mobile Money customers by Barclays Zambia via the JUMO platform and serves as the next step in widening the offering of financial services products to the unserved and underserved population in Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Millennials ‘Make Farming Sexy’ in Africa, Where Tilling the Soil Once Meant Shame
In some parts of the world, farmers are viewed with respect and cultivating the land is seen as an honorable trade. But in a region where most agriculture is still for subsistence — relying on cutlass, hoe and a hope for rain — farming is a synonym for poverty.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Airtel Africa Looks at $1 Billion London Listing
Airtel Africa is looking to trade on the main market of the London Stock Exchange , using its premium listing segment, which has more stringent rules than the European Union’s minimum requirements, and sell 25 percent of new shares to reduce existing debt.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Vodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa
The deal, for 12 million euro ($13.4 million), will allow both companies to save in royalties paid to Vodafone.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Africa Is Leading the World in Plastic Bag Bans
The first phase of the country’s anti-plastic initiative began in 2017 to “protect the youth and environment,” with an initial ban on the manufacture of plastic bags and in-country distribution.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Kenyan Consortium Launches Mobile Banking App
CBK Governor Dr. Patrick Njoroge said, "Until now, lending to MSMEs has been constrained by the lack of reliable information to assess their creditworthiness. The innovation in this product is the use of all data on customers' transactions to fill this gap. In that sense it is revolutionary."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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The Man With a Tablet for Making Aid to African Countries Better
Struck by failings in the implementation of health projects, a Mozambican entrepreneur has turned to tech for a solution.
- Categories
- Education, Health Care, Technology
- Region
- Sub-Saharan Africa
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