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Microfinance Institutions Could Help African Entrepreneurs Beat Back the Pandemic

Global Steering Group for Impact Investment, a U.K.-based charitable organization, is asking the world to support African small and medium-sized businesses that...

Opinion: African Innovators Not Hitting Pause During COVID

African entrepreneurs defy expectations during the pandemic, innovating while experts and assistance providers stay grounded in their home countries

Actis Profits From Building Green While Bringing Power to Millions

Actis is finding profits developing a green shopping mall and bringing power to millions in Cameroon, something it’s repeating throughout Africa, Asia...

Africa Needs to Regain Momentum on Electrification Effort, Says IEA

Faith Birol, the executive director for the International Energy Agency, said Africa needs to find ways to battle the COVID-19 pandemic while...

Mastercard Foundation Aids COVID-19 Relief Effort, Bolsters African Businesses

Mastercard Foundation is aiding the medical effort against COVID-19 in Africa and elsewhere, while supporting entrepreneurs that have been hammered by the...

COVID-19 May Wipe Out Decades of African Economic Progress

COVID-19 may reverse economic progress made by African nations. Investments in Africa are likely to suffer as economies plunge into recession. Early-stage startups...

Dark Side of Microloans: Poor Kenyans Defaulting Under Sky-High Rates, Report...

The dark side of making microloans to the poor is on display in Kenya, where small borrowers are defaulting on loans from...

African Startups Raise Record Amounts as Fintech Draws More Investors

Africa’s swift adoption of new technologies is making it one of the world’s fastest-growing tech hubs.  Venture capitalists spent...

‘Crucible for Innovation’: Why Jack Dorsey Is Planning on Spending Quality...

When Jack Dorsey, CEO of social media giant Twitter and mobile payments company Square, announced he’ll be spending up to half a...

Nigeria’s Central Bank, in Bid to Help Nation’s Underbanked, Takes Measure...

Nigeria’s central bank is planning to issue licenses to more payment providers, aiming to “improve the country’s financial-inclusion rate to 80% by...

Nigeria’s OPay Raised $120M: Chinese Investors Entering Africa’s Budding Fintech Sector

Nigerian fintech company OPay, provider of micro-loans and investment services on mobile phones, raised $120 million in series B Monday, aiming to...

Electrifying Africa: Is the $450 Billion Challenge Too Big For Startups...

Even as startup investment in Africa continues to grow — more than $700 million in venture capital is expected to flow in...

Researchers Use Gene Modification to Defeat Rice-Killing Disease

Researchers successfully edited the genome of strains of rice grown in Southeast Asia and West Africa to block a pathogen that ravages...

Kiva’s Blockchain Technology Brings Financial Services to Sierra Leone’s Unbanked

Microloan nonprofit Kiva has teamed with the government of Sierra Leone to help bring financial services to the 80% of the country’s...

Egypt Solar Projects Start Commercial Operations, Highlighting Renewable Potential

Two solar projects in Egypt with a combined 130 megawatts of capacity began commercial operations, a sign that the country is starting...

Vivendi’s Canal+ Acquires African Film Studio ROK to Help Cut Losses...

Vivendi’s Canal+ acquired Nigeria’s largest film production house ROK, expanding into Africa’s growing “Nollywood” film industry while it fights rising competition at...

U.K. Venture Energise Africa Aims to Electrify Solar Investors in Africa...

More than 600 million people in sub-Saharan Africa -- nearly half the continent’s population -- live off electrical grids. Yet tackling the...

Sun-Powered Desalination Tech to Generate More Clean Water in Africa

Two French companies will provide eight African countries with drinking water using sun-powered desalination technology, the latest in a growing trend of...

Solar Startup Arnergy’s $9M Funding Highlights Investors’ Appetite to Tackle Nigeria’s...

Arnergy’s $9 million funding is the latest in a growing number of investments in Nigeria’s electricity sector, and highlights investors’ confidence that...

Liesel Pritzker Simmons Pours Heart, Hyatt Fortune into African Social Projects

First, it must be said, it’s good to start any endeavor with a lot of money.  Liesel Pritzker Simmons...

Blockchain Finance Uses SMS Texts to Help African Farmers

Global brewer Anheuser-Busch InBev has a new way to ensure that the African farmers who grow cassava for its burgeoning business in...