NextBillion - A WDI Publication

Yellow Card Secures $33 Million to Enhance Stablecoin Services in Africa

The company’s emphasis on stablecoins sets it apart in Africa’s changing digital payments scene since it provides companies with scalable solutions in a continent where financial infrastructure has traditionally been a difficulty.

Source

Crypto News Flash (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

blockchain, digital payments, financial inclusion, fintech

Press Release: Power Africa Awards Grants to Increase Access to Solar-Powered Productive-Use Technologies in East Africa

Through its Empower East and Central Africa program, Power Africa is awarding grants to Simusolar and SureChill to distribute solar-powered irrigation and refrigeration solutions to underserved regions in Kenya, Tanzania, and Uganda to boost productive use of energy.

Source

USAID (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

distribution, energy access, off-grid energy, Productive Use of Energy, renewable energy, solar

Analysis: The Forgotten Strength of Smallholder Farmers: Lessons From Kumasi to The Cocoa Industry

A controlled system has been imposed on Ghana's smallholder farmers, limiting their ability to benefit fully from their hard work.

Source

Business & Financial Times (link opens in a new window)

Categories

Agriculture

Region

Sub-Saharan Africa

Tags

MSMEs, scale, smallholder farmers

Afreximbank Announces Aim to Double Creative Africa Nexus Funding to $2 Billion to Boost Africa’s Creative Economy

The new funding will primarily focus on infrastructure development, which remains a key challenge in the creative sectors.

Source

Afreximbank (link opens in a new window)

Region

Sub-Saharan Africa

Tags

creative economy, infrastructure, MSMEs

Stunning Photos of a Vast E-Waste Dumping Ground — And Those Who Make a Living off It

International laws prohibit trafficking of non-functional e-waste containing toxic substances, but the United Nations sees trading functional e-waste as beneficial, as it can lengthen the lifespan of a product.

Source

VPM (link opens in a new window)

Categories

WASH

Region

Sub-Saharan Africa

Tags

circular economy, waste

‘A Proudly South African Project’: Start Of The Journey For The Country’s First Electric Minibus Taxi

South Africa’s first electric minibus taxi, eKamva, was unveiled at the Smarter Mobility Africa Summit in Johannesburg today.

Source

Forbes Africa (link opens in a new window)

Categories

Energy, Technology, Transportation

Region

Sub-Saharan Africa

Tags

e-mobility, gig economy, infrastructure

Huawei to Open Cloud Region in Nigeria by End of October

Huawei Technologies has announced plans to establish a datacentre in Nigeria, in a move to meet the country’s data storage regulations.

Source

ITWeb (link opens in a new window)

Categories

Technology

Region

Sub-Saharan Africa

Tags

business development, data, fintech, infrastructure, Internet of Things

ExxonMobil’s $1.28 Billion Nigeria Deal With Seplat Nears Approval

The imminent approval of the ExxonMobil-Seplat deal should pave the way for more energy sector transactions and reinforce Nigeria’s ambition to remain a top oil-producing nation despite the ongoing challenges.

Source

Yahoo Finance (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

climate change, energy access, regulations