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MTN and Investec Partner to Bring PayShap to Mobile Money, Driving Financial Inclusion in South Africa
The partnership represents a major breakthrough in expanding financial services to South Africa’s unbanked population.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: China Is Extending Its Lead Over the US in Africa’s Energy Transition
China’s manufacturing “overcapacity,” fueled by government subsidies, is giving its companies an edge over the United States in Africa’s transition to green energy, analysts say.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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TLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million
Confirming TLcom Capital’s status as Africa’s largest Seed and Series A investor, the new fund accelerates the firm’s mission to partner with elite founders to tackle Africa’s biggest and most complex challenges.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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Nigeria Secures $1 Billion to Boost Indigenous Medicine Production
The Federal Government of Nigeria has announced the acquisition of over $1 billion in funding to support the local production of indigenous medicines in the country.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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AECF Launches €12.5 Million Sudan SME Catalyser Amidst Conflict
The Africa Enterprise Challenge Fund (AECF) has launched a new initiative aimed at bolstering Small and Medium Enterprises (SMEs) in Sudan in the wake of conflict that has curtailed economic activities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, MSMEs, supply chains
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Press Release: Global Verification Body Verra Certifies d.light’s Clean Cookstove Projects in Sub-Saharan Africa
Initiative to distribute 600,000 clean cookstoves in Kenya, Nigeria and Uganda is verified by leading certifier as a trusted source of high-quality carbon credits.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Kenya Vehicle Manufacturers, Basigo Roll Out High-Volume Electric Bus Assembly Plant, Target 1000 Units by 2027
Basigo Kenya Managing Director Moses Nderitu said the new pilot plant will pave way for serial production moving from three units to 20 units per month by the end of the year.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility
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Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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