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Paga Raises Additional $13M: Targets Dominance of Nigeria’s Mobile Money Market
Nigeria’s leading mobile payment company, Paga, has announced the completion of a $13m Series B financing led by Adlevo Capital which is expected to expand its lead position in Nigeria’s mobile payments sector.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Biotech Firm Xenex Taking Its Germ-Zapping Robots to Africa
Xenex Disinfection Services, a San Antonio-based developer of robotic devices used to disinfect hospital facilities and eradicate often deadly health care infections, is expanding its product reach internationally. Xenex has struck a deal with Serenus Biotherapeutics, which is introducing the local biotech company’s pulsed xenon, ultraviolet room disinfection system to a number of African nations, including Botswana, Namibia and South Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Barclays Africa Selects 10 Startups for e-Health, Fintech Accelerator
Barclays Africa has chosen 10 startups from the e-health and fintech sectors to take part in its 13-week Tech Lab accelerator programme, aimed at providing startups with access to business mentors, industry leaders, influencers and experts.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Social Entrepreneurs Must Use System to Attack Climate Change, Poverty
Tackling social problems including climate change and poverty takes more than throwing money at the problem. Social entrepreneurs must attack it from the inside, said Sally Osberg, co-author of Getting Beyond Better.
- Categories
- Environment, Health Care
- Region
- Sub-Saharan Africa
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From Interior Design to Microfinance in South Sudan
On a warm afternoon in this dirt-road town, 34-year-old Missy Williams sits on a plastic chair beneath a thatched roof in the center of a bustling market.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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Tigo Pesa Helps in Tanzania’s Financial Inclusion
By ensuring that mobile money services are brought closer to the people in rural areas, the company is complimenting the government’s efforts to even out any imbalances that prevent the majority of upcountry people from carrying out financial transactions in a secure manner writes LEONARD MAGOMBA.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Banks Urged to Collaborate With Telcos for Financial Inclusion
Outgoing Chief Executive Officer of Ecobank Transnational Incorporated, Albert Essien has called on banks in the country to collaborate with the telecom operators in the mobile money industry to ensure financial inclusion.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MasterCard Foundation Investing $47M in Agricultural Finance Projects Across Africa
The Alliance for a Green Revolution in Africa (AGRA) has commended the MasterCard Foundation's pronouncement of investing $47 million in agricultural finance projects across Africa, including $15 million for a partnership with AGRA that will deliver financial support to 730,000 farming households.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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