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From Remittance to Startups, How Bitcoin Is Used in Africa
With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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60 Minutes Investigates Medical Gear Sold During Ebola Crisis
During the most recent outbreak of the Ebola virus, more than 500 health care workers died of the disease, and something called Personal Protective Equipment became essential to preventing the deaths of even more. We're talking about gowns, gloves, masks and other gear designed to block the transmission of deadly bacteria and viruses. They're used every day in hospitals to protect doctors, nurses, and patients. But Ebola was so lethal, it raised the stakes enormously. If the protective equipment fails, infectious bodily fluids can get through -- a problem known as "strike-through." At the height of the Ebola outbreak, we received a tip that a major American manufacturer had knowingly provided defective protective equipment to health care workers in the U.S. and abroad. It's a serious accusation that's never been publicly examined -- until tonight.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Tanzania’s State-Run Telco Ventures Into Mobile Money
The State-run Tanzania Telecommunications Company Limited (TTCL) is now venturing into mobile money transfer services as it seeks to enter the competitive market that already has four players.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why Cash Will Remain King, Even in the Promised Land of Digital Money
If you talk to tech companies, telecom companies, and even some NGOs, they will tell you that the future of money in Africa is based on technology.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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If You Think She Looks Like An Avon Lady, You’re Half Right
In the 1990s Chuck Slaughter built the online clothing retailer, TravelSmith, from a startup to a company with sales in excess of $100 million a year. Then he signed up to be an Avon lady.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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In Response to Fraud, Bank of Ghana Puts Hold on Issuing New Microfinance Licenses
The Bank of Ghana (BoG) has put on hold the issuing of new licences to microfinance companies.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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New Study Reveals Massive Scope for Mobile Growth in Kenyan Retail Market
A new Nielsen Study on Kenyan Retailers and Technology reveals that despite the massive uptake in mobile usage in Kenya, there is still significant scope for growth in the market, particularly in the retail environment.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Kenya’s New Favorite Customer: Iran
On his first trip to Iran last June, Joseph Kamau Kiminda quickly learned that Iranians care about a few things more than tea. The CEO of Kenyan tea company, Cup of Joe, spent time with everyday Iranians who, immediately after rolling out of bed, put tea to boil, leaving it on all day. His Iranian business counterparts called him most days, including Saturdays, at six in the morning to discuss tea for three to four hours. He even received a lecture on tea quality from the secretary of an Iranian tea distributor. “They know tea,” Kiminda concluded.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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