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Major Telecoms Attain Financial Interoperability
Vodacom, the leading telecom in Tanzania is finally joining three others - Airtel, Tigo and Zantel - for subscribers to transfer money across multiple networks enabling the country achieve full interoperability.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Sanergy, Inc., which wastes not, secures $1.7 million
Sanergy, Inc., a social enterprise that makes prefabricated concrete toilets that turn human waste into fertilizer, has raised $1.7 million to expand operations in Nairobi, where it is headquartered.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
- Tags
- waste
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How Africa Internet Group Became Africa’s First Venture Capital-Backed Business to Be Valued at $1 Billion
Africa Internet Group (AIG), parent company to e-commerce brands like Jumia and Jovago, has become Africa’s first venture capital-backed business to be valued at $1 billion dollars after an $83 million investment from insurance company AXA for an 8% stake.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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Angola Faces Health Crisis as Oil Price Drop Leads to Cutbacks
When a plunge in oil prices prompted Angola's government to slash public spending last year, street trader Antonio Simao Baptista had no idea it would leave his rundown suburb overwhelmed by filth and disease.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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AstraZeneca Targets Africa Sales Boost
AstraZeneca Plc, the U.K.’s second-largest drugmaker, plans to increase sales in Africa by almost 10 percent a year as the company seeks to capitalize on efforts by governments to improve health-care systems and fight conditions such as high blood pressure and cholesterol.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Reserve Bank of Zimbabwe Approves Adoption of Agent Banking
The Reserve Bank has approved the adoption of agent banking by financial institutions as part of efforts to increase access to financial services, governor Dr John Mangudya said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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WorldRemit Raises $45M to Tackle $600B Market
Remittances start-up WorldRemit has raised $45 million in debt to help it tap the business of using mobile wallets to send money across emerging markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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African Equity Crowdfunding Portal Launches Call for Applications
Impact-focused equity crowdfunding portal Malaik has launched a call for applications to African entrepreneurs with impact focused businesses, aiming to help connect businesses with investors.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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