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Aktivco Signs $71 Million Credit Facility to Supply Green Energy to Telecom Towers in Africa
This credit strengthens their ability to meet the demand of telecom operators for green and efficient energy to secure their networks.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Shared Mobility Startup Plentywaka Raises $1.2 Million Seed Round and Acquires Stabus Ghana
Plentywaka acquired Ghanaian mobility startup, Stabus as it looks to expand its African operations, starting with West Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mobile Money Finally Comes to Ethiopia
Ethio Telecom, the – for now – monopoly telecommunications provider in Ethiopia, has announced the roll-out of a mobile money service.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Zeepay Ghana Acquires Mangwee Mobile Money in Zambia
Zeepay, the leading African Challenger Fintech with operations in over 10 African countries today acquired a 51 percent stake in Mangwee Mobile Money in Zambia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Leveraging Tech During the Pandemic: How Apps Can Protect Lives in Developing Countries
As the COVID-19 pandemic continues, vulnerable communities in many developing countries are dealing with a lack of accurate information about the virus – and facing the broader challenge of limited healthcare access. Bowen Khong at ForexToStock profiles some organizations that have responded to these challenges with innovative, healthcare-focused apps. He explores how these apps are fighting misinformation and connecting people in hard-hit communities to the care they need, and explains why impact investors should keep a close eye on these health tech solutions.
- Categories
- Coronavirus, Education, Health Care, Technology
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Outdated but Not Obsolete: Why USSD Is Still Key to Driving Digital Inclusion in Sub-Saharan Africa
As of late 2019, mobile internet adoption stood at just 26% across sub-Saharan Africa, and internet access remains expensive and unreliable even for people who can afford a smartphone. In light of that reality, Wole Olayinka of insiderPR argues that digital inclusion efforts should embrace USSD, a communications protocol that connects feature phone users to basic digital services even without internet access. He explores the advantages and downsides of this outdated – but surprisingly flexible – technology.
- Categories
- Coronavirus, Technology
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In the Race for Dominance in African Fintech, Partnerships With Phone Makers Are Transforming the Landscape
Corporate partnerships and acquisitions have proliferated in Africa's fintech sector in recent years, as companies fight for dominance in the growing digital payment space. Digital economy analyst Jill Lagos Shemin highlights an emerging element of this trend: alliances between mobile phone makers and payment providers and telecom operators. She explores how these partnerships can boost customer access to smartphones and digital credit, while expanding Africa's digital finance ecosystem and building tech players' footprint in this sought-after market.
- Categories
- Finance, Technology
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