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Airtel, SpaceX Test Starlink Mobile in Kenya
If scaled successfully, the initiative may not only improve connectivity but also unlock new economic opportunities, from mobile banking to e-commerce, particularly in rural and hard-to-reach communities.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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When Uncertainty Becomes Structural: Entrepreneurship Support Organisations as Ecosystem Infrastructure in a New Fiscal Reality
Over the past year, the global development sector has changed at a speed and scale that would have seemed unlikely even two years ago. According to long-time development consultants Stephen Hunt and Nelson Okwonna, as funding dries up and uncertainty becomes structural, entrepreneurship support organizations (ESOs) are increasingly providing the collective functions that were once financed, governed and sustained through donor- and publicly funded programs. They discuss the implications of this shift for ESOs and entrepreneurs, exploring what it reveals about the key needs of entrepreneurship ecosystems — and about how ESOs must evolve to meet those needs.
- Categories
- Social Enterprise
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Press Release: Rockefeller Foundation, Global Energy Alliance Invest More Than US $100 Million to Expand Electricity in Africa
Since The Rockefeller Foundation and the Alliance first announced their initial US$10 million commitment, their collective support has grown to more than US$100 million for Mission 300 in 23 countries to date.
- Region
- Sub-Saharan Africa
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Uganda’s Zigoti Secures $1 Million Funding From Sahel Capital to Support Smallholder Farmers
Zigoti sources its coffee beans from a network of more than 4,000 smallholder farmers, providing not only a stable market for their harvests but also offering a range of extension services, training programmes, and value-added support aimed at improving crop quality and farmer livelihoods.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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DriveWealth Powers Ualá’s Launch of U.S. Stock Investing in Mexico
The launch marks another step forward in expanding access to global capital markets for a broader population of investors.
- Categories
- Investing, Technology
- Region
- Latin America
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Press Release: Rockefeller Foundation Commits an Additional US $10 Million to Accelerate Electricity Connections Across Africa by 2030
The Rockefeller Foundation is collaborating with the Global Energy Alliance for People and Planet to fast-track electrification efforts in at least 15 African countries.
- Region
- Sub-Saharan Africa
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Press Release: British International Investment and ILX Complete First Joint Investment in Emerging Markets
The $15 million transaction marks ILX’s first sub-participation in a BII investment, since the two institutions formalised their partnership to increase institutional capital flowing into high-impact opportunities in emerging markets.
- Categories
- Agriculture, Investing
- Region
- Global
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The African Development Bank Group and the United Nations Development Programme Have Launched the AI 10 Billion Initiative
The AI 10 Billion Initiative is a co-designed partnership between the Bank Group, UNDP and private partners that seeks to mobilise up to $10 billion by 2035.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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