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Bob Collymore Shoots Down Claims of Facebook Buying MPesa Platform
Safaricom CEO Bob Collymore has dismissed as fake the story doing the rounds on the interwebs that Facebook’s Mark Zuckerberg wants to buy mobile money platform M-Pesa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Discovery to Take South Africa e-Health Entrepreneurs to Silicon Valley
South African insurance firm Discovery has launched its Entrepreneurs Medical Technology programme, which will take local e-health startups on a trip to Silicon Valley later this year.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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MTN Group and MMI Holdings Announce Launch of Micro Insurance Joint Venture
MTN Group and South African based financial services group, MMI Holdings on Wednesday announced the launch of a micro insurance joint venture, branded aYo which will provide a strong basis to compete in a changing mobile financial services industry.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Root Capital and The MasterCard Foundation to Increase Incomes for 300,000 Farmers in West Africa
Impact investing pioneer Root Capital (www.RootCapital.org) announced today at the African Green Revolution Forum a new partnership with The MasterCard Foundation (www.MastercardFdn.org) that will help raise incomes for over 300,000 smallholder farmers in West Africa. The Foundation has committed $5.2 million to Root Capital over five years to support early-stage agricultural businesses that generate transformational impact in rural communities in Côte d’Ivoire, Ghana, and Senegal.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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MTN South Africa May Pull Plug on Mobile Money
South Africa’s second largest mobile network by subscribers, MTN South Africa, has stopped signing up new Mobile Money customers as it studies the feasibility of the product.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South Africa m-Health Startup Vula Mobile Diversifies Offering
South African startup Vula Mobile, which connects general health workers in remote areas with specialists in hospitals, has diversified its offering having seen positive uptake of its service targeting eye health.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Sisu Global Health Closing in on $1M Seed Round
The company that makes a low-cost blood transfusion device received the first investment from a new fund focused on Maryland startups.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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PEPFAR and AstraZeneca Launch Partnership Across HIV and Hypertension Services in Africa
The U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) and biopharmaceutical company AstraZeneca today announced a $10 million (subject to the availability of funds), five-year global public-private partnership that will expand access to HIV/AIDS and hypertension services by offering them in an integrated manner at existing PEPFAR-supported HIV/AIDS sites, beginning in Kenya.
- Categories
- Health Care
- Region
- Sub-Saharan Africa