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The Latest Marker of Chinese Interest in African Fintech Is a $120 Million Funding Round for OPay
Notably, OPay’s round follows on the heels of another major funding round by Chinese investors in an African-focused fintech startup after PalmPay raised $40 million in a seed round from Shenzhen-based Transsion Holdings, the top selling phone maker in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Vodacom Drives Financial Inclusion with Affordable Smartphone Offers
“Many people in the country cannot afford high-tech smartphones or don’t want to commit to a contract,” says Vodacom Financial Services Chief Officer, Mariam Cassim.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Pocket-Sized Las Vegas Addicting Kenya’s Youths
Mobile-savvy youths are flocking to sports gambling, and the government is cracking down on betting companies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Is Rwanda in Line to Become One of Africa’s Major Tech Hubs?
Recent years have seen countries across the African continent investing deep into the tech industry. Rwanda is angling to get ahead of the pack.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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EY Fintech Adoption Index: China Tops the List, Japan is Buried at the Bottom. Where Does Your Country Rank?
As smartphones and internet access have become increasingly ubiquitous, digital financial services are soon to appear.
- Categories
- Finance
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Rwanda Opens ‘First Entirely Homemade’ Smartphone Factory in Africa
The company is anticipating high demand for its products. Sebera says the factory has capacity to produce a "few million phones per year," which is expected to scale up as demand increases.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Capgemini Turns to AI to Fix Food Supply Chain Sustainability
Business consulting giant Capgemini has launched a project which uses artificial intelligence (AI) to support farmers in improving environmental practices on their land.
- Categories
- Agriculture, Technology
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The Development Tool Nobody’s Using: Why it’s Time for the Women’s Empowerment Sector to Leverage Media and Advertising
In women’s economic empowerment circles, there’s no shortage of initiatives involving corporate partnerships with NGOs - often focused on agriculture or garment supply chains. But as Mara Bolis at Oxfam points out, this focus has led the sector to overlook other potential areas of impact – including media and advertising. Sharing some compelling examples, she argues that media could have as much – or even more – influence in shaping women’s economic opportunities as changes to global value chains.
- Categories
- Technology
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