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Waste-to-energy plant to take on Ethiopia’s rubbish epidemic
A landslide of rubbish from a vast open-air landfill site just outside of Ethiopia's capital, Addis Ababa, killed more than 110 people last year. This weekend, the Ethiopian government inaugurated a $120 million waste-to-energy plant, right next to the garbage dump, in an attempt to curb the city's mounting waste problem.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, waste
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Why Nigeria must embrace mobile money and agent banking
Up to 25 mobile money Operators (MMOs) have been licensed since the launch of mobile money service in Nigeria in 2009. Despite this large number of MMOs, high mobile phone and SIM card ownership, mobile money uptake and usage is still low in Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Solar Startups Are Plugging Africa’s Energy Gap
Based on current trends, the World Bank predicts that even by 2040 over half a billion people in Sub-Saharan Africa will still lack electricity. Although energy use across sub-Saharan Africa has risen by 45% since 2000, supply has not kept pace with demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Could religious institutions be major drivers of financial inclusion? This new report seems to suggest so
Nigeria is a largely religious society and one where citizens depend on religious social structures, it is not surprising that the study seems to suggest such an approach.
- Region
- Sub-Saharan Africa
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A nearly cashless Zimbabwe tests the limits of mobile money
Currency depends on trust and confidence. Years of economic crises in Zimbabwe have left all three in short supply, spurring a boom in “mobile money” – an industry that is revolutionizing banking in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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M-Pesa puts Safaricom on Fortune’s ‘Change the World’ firms listing
The American multinational business magazine says the mobile money transfer service Safaricom and Vodafone launched in 2007 now claims more than 30 million customers in 10 countries, mostly in remote areas far from banks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Regulatory Sandbox: What it Could Mean for Kenya
This comes at a time when the country is experiencing a growth in mobile lending, cryptocurrency use, and recommendations to apply blockchain technology in various sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uber enables mobile money payments for partner drivers in Ghana
The feature will enable mobile money payments for partner drivers in Ghana. The taxi-hailing platform said it will not remove other payment methods.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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