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NiDCOM, Afretrade Launch $500 Billion Diaspora Investment Initiative to Empower African SMEs
The initiative seeks to harness the growing economic influence of Africans in the diaspora to drive investment, entrepreneurship, trade and sustainable development across the continent.
- Region
- Sub-Saharan Africa
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MTN Targets Nigeria’s $236 Billion Credit Gap as its $500 Billion MoMo Business Pushes into Lending
MTN Group is moving to turn its African mobile-money empire into something much bigger than a payments business, as the telecoms giant prepares to separate its fintech operations in Nigeria and Uganda, bring in strategic investors, and push into lending across some of the continent’s most underbanked markets.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Proparco Backs Early-Stage Tech Fund in Africa
The investment aims to strengthen early-stage technology financing in Francophone Africa and support startups operating in high-growth digital sectors.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s CreditChek Raises $600,000 to Expand its Credit Data Infrastructure Across East Africa
With this new funding, CreditChek plans to deepen its integrations across key East African markets, working closely with banks, microfinance institutions, and fintech lenders.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uganda: African Development Bank Group Approves $140 Million Programme to Expand Irrigation, Agro-Industrialisation, Jobs and Rural Incomes
The Uganda Multipurpose Water for Climate Resilient Irrigation Development and Agro-Industrialization Programme aims to overcome constraints to agricultural production and food insecurity across rural communities which depend heavily on rain fed agriculture.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Visible From Space: New Research on Zipline’s Impact in Africa Beyond Healthcare
The findings document a 22% reduction in child fatalities from severe acute malnutrition, a 68% direct return on investment for smallholder pig farmers, and $850 to $1,200 in additional annual household income near Zipline distribution hubs.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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New Report Highlights USD 4 Billion EV Charging Investment Opportunity Across Emerging Economies
Joint analysis by C40 Cities and the International Finance Corporation (IFC) outlines practical pathways for emerging-market cities to scale charging infrastructure and accelerate electric mobility adoption.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Record Sales Highlight Off-Grid Solar’s Critical Role in Electrification
The East Africa region and Nigeria experienced the highest sales, with subsidies and results-based financing (RBF) programmes helping expand affordability and accelerate market expansion, pushing sales of products purchased through pay-as-you-go (PAYGo) up by almost 50%.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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