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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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World Bank Approves $25M Loan to Support Mozambique’s Financial Sector Development
The Board of Executive Directors of the World Bank has approved a loan of 25 million US dollars to support the Mozambican government's financial sector development strategy.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Facebook Reaches Deal to Beam Internet to Africa From Space
Facebook has reached a deal to have free internet beamed to some of the most remote parts of Africa via satellite.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Zimbabwe to Reform Banking Industry
Zimbabwe is finalising new laws aimed at strengthening its fragile banking industry through measures such as imposing shareholding restrictions and revamping oversight functions to guard against insider loans.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
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Impact Hub Launches Entrepreneur Fellowship in Africa
Impact Hub has officially launched a fellowship in 3 African countries – Burundi, Ethiopia and Sierra Leone – specifically designed at helping impact entrepreneurs make their innovations sustainable. The Hub’s Resilience Africa initiative is to launch hubs and two varying types of incubators in six African countries in partnership with Cordaid, an NGO from Netherlands.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Cleo Bachelor of the Year Hunk Dustin Leonard’s Mission to Give Away 500,000 Condoms in Africa
CLEO Bachelor of the Year finalist Dustin Leonard hasn’t had time to celebrate his nomination — the hunky American expat has been busy distributing half a million free condoms in Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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