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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
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The Rise of Black Start-Ups and Social Entrepreneurship in South Africa
With tough economic times and unemployment rising in an ever-changing world that is becoming more democratised, it is no surprise that there is a rise in black start-ups and social entrepreneurship. The reality for most black entrepreneurs is that they venture into entrepreneurship not of out career luxury, but rather out of the need to survive economically. Their long-term objective is not to create wealth, but merely to keep the business afloat while living off the profits.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rwanda Finalises Process to Interlink Financial Sector
The government of Rwanda is in final stages to interlink its financial sector, a move that will see the banking, microfinance, pension, insurance as well as capital market linked together.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Vanessa Zommi: The Entrepreneur Fighting Diabetes With Tea
Vanessa Zommi’s business is flourishing in her native Cameroon. She has an established business with social entrepreneurship at its heart. Zommi got an early taste for entrepreneurship by watching her mother sell computers after school, “I started learning how to make money, how to market a product, and how to talk to customers. I learnt the basics.” These early experiences would shape her future immensely.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
