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Analysis: Kenya Is Becoming a Global Hub of Fintech Innovation
Powered by smartphones and social apps, China has used remote payments and the digitization of money management to build a steady vehicle of financial inclusion. But it may not be the leader for long.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Digital Lending Platform KreditBee Secures $75 Million in Series C
Bangalore-based digital lending startup KreditBee has raised US$75m in a Series C funding round, with participation from Premji Invest and others
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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Analysis: What We Can Learn From Aveda’s Blockchain Vanilla Traceability Project
Improving traceability remains one of the thorniest challenges for many sustainability teams, even as consumers’ calls for more transparency into the makeup of products
- Categories
- Technology
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A Digital Tool To Help African Farmers in the Battle Against Locusts Unveiled
A free tool that will help farmers and pastoralists across Africa to predict and control locust behaviour has been launched. Kuzi—the Swahili name for the wattled starling, a bird renowned for eating locusts—is an Artificial Intelligence-powered tool that generates a real-time heatmap of locusts across Africa, shows all potential migration routes, and gives a real-time locust breeding index.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Paypal’s Xoom Offers Money Transfers to Mobile Wallets in 12 African Countries
Xoom, PayPal’s money transfer service, has announced that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: A Safaricom Split Is a Telco’s Dream and a Fintech Startup’s Nightmare
Talks of splitting up Kenya and East Africa’s dominant telco, Safaricom, previously gathered interest about five years ago when the Kenyan parliament stepped up calls to break the all-conquering telco into two fragments.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Retailo Raises $2.3 Million in Seed Round To Boost Financial Inclusion
Retailo, the Riyadh-based B2B eCommerce startup, has announced $2.3 million of funding in a pre-seed round to go toward boosting small to medium-sized businesses (SMBs) in the Middle East, according to a press release.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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