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Financing Agribusinesses in Africa: Mobile Money Shows More Viability
As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Safaricom Launches Internet-Ready Commercial and Residential Addresses Initiative
Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bridging Gap in the Health Care Sector: AfDB Offers Strategic Analysis on Financing Innovatively With the Private Sector
“The relevance of private sector role in delivering innovative health care to the poorest people, with the view to achieving global goal,” was underscored at a side event organized today in Addis-Ababa, Ethiopia by the Bill and Melinda Gates Foundation.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Equity Bank Launches Long-Delayed Mobile Money Platform in Kenya
Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Duke Global Health Institute Receives $20M From Gates Foundation
The Bill and Melinda Gates Foundation provided a $20 million grant to the Duke Global Health Institute (DGHI).
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Caveats, Costs and Complexities Shadow First Malaria Vaccine
It's a showpiece drug that has the potential to end a disease that kills half a million African children a year. Yet even before it wins a license, the world's first malaria vaccine has lost some of its sheen.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Hong Kong VC Firm Nest Expands to Nairobi to Support Continent’s Talents
Hong Kong VC and incubation firm Nest has recently announced its expansion into Africa, connecting local talent with Asian investors abroad.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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As #FFD3 Kicks Off in Addis, Civil Society Raises Red Flags
Development finance is entering a new era, and in Addis Ababa, Ethiopia, civil society representatives remain unconvinced the new world of development cooperation holds more promise for the world’s poor than the old one.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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