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Internet and Social Media Shutdowns Cost African Economies Over $2 Billion in 2019
Shutting down internet and social media access—an increasingly popular choice for governments on the continent in response to protests and dissent—came at a cost of $2.1 billion last year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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2020 Will See Mass Market Adoption of Financial Inclusion. Here’s Why.
For many years financial inclusion has been considered a social initiative, part of corporations’ “doing good” role. But according to Josh Gosliner at Juvo, it’s becoming clear that there has to be a bottom-line incentive for companies to direct the necessary resources to the problem. He explores three trends, powered by the emergence of digital technology and big data, that promise to generate transformative business opportunities in financial inclusion in the coming year.
- Categories
- Finance
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Press Release: Tony Elumelu Foundation Announces Final 2,100 African Entrepreneurs for the Inaugural TEF-UNDP Entrepreneurship Programme
The Programme targets small business owners in rural communities across the 7 Sahel countries of Africa – Nigeria, Niger, Chad, Mauritania, Burkina Faso, Mali and Cameroon.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Clean Power Finance ‘Falls’ in Emerging Markets
Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies, the research found.
- Categories
- Energy
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What Rural Solar Energy Enterprises Can Learn from Mobisol’s Hard-Earned Lesson
Energy access pioneer Mobisol’s insolvency, announced last spring, sparked questions about the industry’s health. But according to Rob Goodier, managing editor at Engineering for Change, subsequent analyses suggest that many of the company's problems were internal, not a reflection of the industry as a whole. He explores what the rural energy sector can learn from Mobisol’s struggles, based on interviews with industry insiders and two people close to the company.
- Categories
- Energy
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Kreditech, the AI-Based Near-Prime Loans Platform, Nabs $22m Under New CEO to Expand Globally
This is an equity round that it will be using to continue building its business specifically in the latter of those four countries — doubling down on the fact that India is not only one of the world’s biggest economies, but one of the fastest-growing, too.
- Categories
- Finance
- Region
- South Asia
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World Bank’s Georgieva Becomes First IMF Chief From Emerging Economy
A center-right politician who grew up in Bulgaria under Communism, Georgieva built a reputation during her time at the World Bank as a tenacious straight-shooter, champion of gender equality and leader in the global fight against climate change.
- Categories
- Finance
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Trade War Spurs India-China Digital Embrace
A new wave of Chinese upstarts is challenging, and sometimes outstripping, the U.S. in the race for 5G dominance, AI, and its downstream derivatives such as Smart Cities, Driverless cars, advanced healthcare and Financial Technology (Fintech) products.
- Categories
- Technology
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