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Eight Reasons to Invest in African Tech Innovation
In Africa, the middle class is growing, populations are urbanizing, IT infrastructure is improving and cell phones and mobile payments are more widely used than in most of the world. All of this has contributed to a recent tech startup boom that has garnered growing interest from international investors. Here are eight reasons why African technological innovation is a wise investment.
- Categories
- Investing, Technology
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After $19M equity round, Kenya’s M-Kopa is set to deliver solar power to a million homes
This month the company closed a $19 million financing round led by Generation Investment Management, and revealed plans to reach one million homes in East Africa by the end of 2017.
- Region
- Sub-Saharan Africa
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Report: West African impact investing totalled $6.8 billion in last decade
The impact investing industry in West Africa is comparatively small, but growing, totalling US$6.8 billion over the past decade, according to research by the Global Impact Investing Network (GIIN).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Mark Zuckerberg Responds To Skeptics, Elaborates On LLC Plan
After new parents Mark Zuckerberg and Priscilla Chan revealed their plans this week to give away 99 percent of their Facebook shares, a firestorm of controversy erupted. On the one hand, many people -- including Bill Gates and former New York City Mayor Michael Bloomberg -- praised the couple for the generous gesture. Others, however, questioned their motives.
- Categories
- Investing
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Kenyans to Trade Equities on Safaricom Mobile Phones in 2016
Safaricom Ltd., East Africa’s biggest mobile-phone operator, expects Kenyans to start trading stocks on their mobile phones early next year, using a product it developed to enable customers to buy government bonds, Chief Executive Officer Bob Collymore said.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Weekly Roundup 11-13-15: What’s in a Name?
According to Pamela Hartigan, director of the Skoll Centre at Oxford University’s Saïd Business School, “social enterprise” is a mindset, not a “sector,” and we’d all be better off recognizing that.
- Categories
- Entrepreneurship, Health Care, NextBillion Originals
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Universal Health Coverage: An Opportunity for Investors
From Washington or West Africa, there is an increasing realization of the compelling economic case for universal health care. Broadly, a one-year increase in life expectancy leads to a 4 percent increase in GDP over the long run.
- Categories
- Health Care
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