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MTN Ghana sanctions 3,000 agents for mobile money fraud
In an interview on the sidelines of a media encounter with the Journalists for Business Advocacy (JBA) in Accra on Thursday, the Senior Manager for Anti-money Laundering, Compliance and Analytics at MTN Mobile Money, Mr Godwin Tamakloe, said some of the agents were currently being processed for prosecution.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Safaricom CEO takes medical leave for ‘number of months’
Company chairman Nicholas Ng’ang’a made the announcement in a circular to employees, but did not disclose the nature of Mr Collymore’s sickness.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Somalia’s ‘touch and feel’ e-commerce hit
When Saed Mohamed, a young entrepreneur from Somalia, pitched his online shopping business Muraadso as part of an East African start-up competition in 2015, he was prepared for rejection.
And rejection is what he got.- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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‘We want to be the Google of Africa’
Wanting to be “the Google of Africa” would be a far-fetched dream for most, but for Abel Masai, this aspiration is attainable.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan startup CEO: ‘We want to be the Google of Africa’
As a student at Jomo Kenyatta University of Agriculture and Technology in Kenya, Abel Masai had intended to work in computer repairs and maintenance, but in 2011, he attended a workshop on smartphone app development and was immediately hooked.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Report: Recovery Lending Program Prevents Thousands of African Families from Falling into Extreme Poverty after Climate Shocks
A report released by DFID, World Vision UK and VisionFund International has revealed that an innovative market-based approach was central in building resilience to the El Nino climate shock that impacted East Africa throughout 2016 and early 2017. These findings are critical as climate change continues to impact the world’s most vulnerable communities.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Why Africa Lags Behind in Global Education Goals – Unesco
UNESCO, in its latest Global Educational Monitoring (GEM) report said in sub-Saharan Africa, 41 per cent of children of primary school age do not complete basic education while 87 per cent do not reach the minimum proficiency level in reading.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- global development, SDGs
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Off-Grid Solar Firm PEG Africa completes US$13.5 million fundraise
PEG Africa, the leading off-grid solar company in West Africa, is pleased to announce it has successfully raised US$13.5 million through a combination of debt and a Series B equity financing. The proceeds will be used to accelerate growth in Ghana and Ivory Coast, where PEG is already a sector leader, to reach 500,000 people.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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