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Press Release: BBOXX Unveils New Initiative to Help Tackle the Global Clean Cooking Crisis
Mansoor Hamayun, CEO and Co-founder, BBOXX, said: “The BBOXX Cook initiative in Rwanda is an exciting step for us as a next generation utility. We are showing that our model works: the technology that we have used to provide access to clean, reliable and affordable electricity is being expanded to include clean cooking solutions and we have big ambitions to deliver other utilities and products in new markets.”
- Source
- Press Release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Viewpoint: Impact Investment Favours Expats Over African Entrepreneurs. Here’s How to Fix That
Village Capital found that 90% of the capital invested in East Africa in 2015-2016 went to a very small group of expatriate-founded businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
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Off-Grid Renewable Energy Is Helping Tackle Two of Africa’s Biggest Problems
Renewable energy companies in Kenya account for 10,000 jobs—only 1,000 fewer than the national utility, while in Nigeria the sector employs 4,000 in formal jobs compared to 10,000 employed across the country’s traditional energy sectors.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Two Companies Approved To Run South Sudan’s First Mobile Money Platform, m-Gurush
Theventure is a joint partnership between South Sudan’s Trinity Technologies Limited, a local tech firm, and Zain Telcoms South Sudan.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Bank of Ghana Asks Mobile Money Operators to Reduce the High Cost of Services
The Bank of Ghana (BoG) has urged mobile money operators to reduce the cost involved in the transaction of business on the mobile money platform.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenyan Betting Firms Say Payment Systems Suspended Following Government Order
Online sports betting companies such as SportPesa have grown rapidly in the East African nation in recent years, riding a wave of enthusiasm for sports to achieve combined revenue of 204 billion shillings ($2 billion) last year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy, regulations
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The Gap in Internet Speeds Is Widening Between Low and High Income Countries
While global average speeds increased 20% over the past year, much of that growth has happened in developed nations which are already home to established connectivity infrastructure.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Zimbabwe Banned the US Dollar From Being Used so Local Bitcoin Demand Is Soaring Again
Bitcoin is back on the radar in Zimbabwe as the country’s economy continues to struggle.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency
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