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Global Investment Money Is Flooding Into Africa’s Fintechs
Fintech startups drew more than 60 percent of all venture funding that flowed into Africa last quarter.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Next Financial Inclusion Revolution: The Transformative Potential of Scaling Small Group Savings in the World’s Poorest Communities
Despite $52 billion invested in financial inclusion in 2019 alone, nearly 2 billion people – many of them among the world’s poorest – still lack access to formal finance. As Jeffrey Ashe at Grassroots Finance Action points out, these communities often turn to informal savings and credit groups to meet their financial needs – but there are many who are too poor and marginalized to be invited to be part of these groups. He explores a proposal that aims to expand access to informal savings groups to reach these financially excluded individuals around the world.
- Categories
- Finance
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Embracing Digital Solutions in Last Mile Distribution: Six Steps for Introducing New Tools to Sales Agents
COVID-19 has accelerated the shift towards greater digitalization that was already well underway in the last mile distribution sector. According to Gerwin Jansen and Yvonne Achieng at Bopinc, more digital services are coming onto the market to meet this demand – but regardless of the benefits of these tools, if sales agents don’t embrace them the business impacts will not be realized. They explore how last mile distributors can successfully embed digital solutions in their sales teams, presenting a six-step approach to rolling out new digital services to agents.
- Categories
- Entrepreneurship, Technology
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Healthcare Startup Africa Health Holdings Lands $18 Million Series A Funding to Roll-Out Tech-Enabled Services
Africa Health Holdings, a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Aplazo Takes in $27 Million To Increase Adoption of ‘Buy Now, Pay Later’ in Mexico
Four months after securing a $5.25 million seed round, Mexican buy now, pay later startup Aplazo is back with an even bigger round to expand adoption of the payment plan approach across that country.
- Categories
- Finance, Technology
- Region
- Latin America
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Credlix Acquires Nuphi, Grows Supply Chain Financing Business to $100 Million
NuPhi is a Singapore based fintech company offering invoice factoring solutions to MSME exporters in India and SouthEast Asia.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: Rural Energy Leader Husk Power Systems Launches Solar Hybrid Minigrids in 6 Nigeria Communities; Targets More Than 500 Minigrids by 2026
Husk Power Systems, the rural clean energy services leader in Africa and Asia, launched its first six solar hybrid minigrids in Nigeria.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa, UNICEF Partner to Enhance Digital Learning in Nigeria, 12 Others
Airtel Africa and UNICEF have announced a five-year pan-African multi-million dollar partnership to scale-up digital learning for school children in Nigeria and 12 other countries in Africa.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- digitization, EdTech, education, partnerships, scale, tech, technology
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