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Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Friday, July 11, 2014 — Sub-Saharan Africa

Muslims demand condom ban in Malawi

Source: Nyasa Times

Malawi Muslim traditional leaders are campaigning against the promotion of condoms as a means of preventing HIV and AIDS.
Thursday, July 10, 2014 — Sub-Saharan Africa

‘eHealth For Africa’ initiative makes debut in Nigeria

Source: The Guardian Nigeria

AS part of efforts to strengthen health system in Nigeria, Novartis has introduced ‘eHealth For Africa’ initiative into the country – being an updated version of the Short Message Service (SMS) for Life system in public health facilities.
Wednesday, July 09, 2014 — Sub-Saharan Africa

New mobile project to tackle malnutrition in Africa and Asia

Source: ILRI news

A CABI-led consortium has gained GSMA funding to help three million people access nutrition information using mobile technology.
Wednesday, July 09, 2014 — Sub-Saharan Africa

Safaricom finally agrees to open up M-Pesa agent network

Source: ITWeb Africa

Mobile network Safaricom, which runs M-Pesa, has unexpectedly agreed to open up its agency network across the country to its rivals.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Equity Bank, Safaricom in clash that could affect Mpesa’s future

Source: Standard Digital

Kenya: The black swan theory provides an interesting way of looking at the business world. But for many entrepreneurs and corporate leaders, this theory — which describes an event that comes as a surprise and has a major effect — is yet to be ingrained in their way of life. And this is despite the fact that innovations that turn the world of business upside down often, if not always, come from “unexpected” quarters.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Tanzania: Better Credit Facility in Pipeline

Source: AllAfrica

MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Electrify Africa, Energize Africa and Power Africa: Partnering With Africa for the Long Run

Source: Roll Call

Monday, 30 June, was the first year anniversary of President Obama’s Power Africa initiative, the president’s signature initiative for the continent which seeks to expand electricity to address poverty alleviation and economic growth.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Nine African countries win renewable energy development funding

Source: pv magazine

The low-income nations were awarded new funding and operational support at the semi-annual Climate Investment Funds governing body meeting.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Gates Foundation battling big new threat in malaria fight

Source: The Seattle Times

Just as Myanmar opens up to the world and becomes a place of economic opportunity, fears are rising over the spread of a drug-resistant form of malaria. But efforts are under way, including a big initiative of the Gates Foundation, to fight this problem.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Going the Extra Mile for Health

Source: Huffington Post

In the distant corners of Africa, entrepreneurs deliver goods and services across bumpy roads, crossing brimming rivers and rickety bridges, climbing steep hills and descending treacherous valleys. It is a classic story of conquering odds to reach the unreached.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Kenya’s BRCK raises $1.2M to connect the last mile to the internet

Source: Press Release

Ushahidi spinout BRCK Inc. announced today that it has closed a $1.2 million seed round. BRCK is solving last-mile connectivity problems with a device that can bring seamless internet connection to the most remote areas of the world.
Monday, July 07, 2014 — Sub-Saharan Africa

Linezolid: Affordable generic access win highlights obstacles to life-saving treatment

Source: Science Speaks

With side effects that include stomach pain, vision problems, vomiting, diarrhea, and anemia as well as pain, weakness, and numbness in hands and feet, linezolid is not something you would take if you had much choice.
Monday, July 07, 2014 — Sub-Saharan Africa

South Africa’s cashless future relies on localisation, not innovation

Source: memeburn

South Africa’s perceived ‘failure to launch’ in respect to mobile money needs to be put into a global context. In the latest MasterCard Mobile Payments Readiness Index, only four countries – Singapore, Canada, the US and Kenya – score higher than 40 out of a possible 100. The inflection point, according to the report, sits at 60, highlighting the fact that in most cases mobile payments has been a solution looking for a problem.
Monday, July 07, 2014 — Sub-Saharan Africa

Injecting healthcare into Nairobi’s slums

Source: New Internationalist

What is the significance of seven seconds?
Monday, July 07, 2014 — Sub-Saharan Africa

Developing Africa Through Effective, Socially Responsible Investing

Source: Ventures Africa

VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
Monday, July 07, 2014 — Sub-Saharan Africa

Kenya's mobile innovation brings digital money closer

Source: BBC News

Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology.
Thursday, July 03, 2014 — Sub-Saharan Africa

Kenya, Uganda, Rwanda working on cross border mobile money platform

Source: HumanIPO

East Africa will soon have a common mobile money platform that will enable users to send money from one country to another without any difficulty under exchange rates approved by central banks.
Wednesday, July 02, 2014 — Sub-Saharan Africa

Ugandan banks look to expand reach through agents

Source: The Observer

At least six banks have expressed interest in using agents to reach out to people outside the formal banking institutions, Bank of Uganda has said.
Wednesday, July 02, 2014 — Sub-Saharan Africa

Tanzania: Missing Link Between Economic Growth, Poverty Reduction

Source: AllAfrica

THE much celebrated economic growth in Tanzania and other African countries that are said to make good progress can only have a meaning if there will be myriad poverty alleviation indicators.
Tuesday, July 01, 2014 — Sub-Saharan Africa

Consumer Federation of Kenya fights off claim of bias in mobile money war

Source: Standard Digital

Pressure is mounting on the Consumer Federation of Kenya ( Cofek) to stop opposing the award of licences to Equity Bank and two other Mobile Virtual Network Operators (MVNOs) and support the venture.
Tuesday, July 01, 2014 — Sub-Saharan Africa

Africa: Seven Ways to Assist Health Research in Developing Nations

Source: AllAfrica

A guide released yesterday details seven principles for good practice in strengthening research capacity in low- and middle-income countries (LMIC).
Tuesday, July 01, 2014 — Sub-Saharan Africa

Mobile virtual operators compete with established players in Africa

Source: PC Advisor

Players in the traditional telecoms market have struggled in countries where extensive infrastructure is needed
Monday, June 30, 2014 — Sub-Saharan Africa

GSMA announces mHealth partnership across Sub-Saharan Africa

Source: IT News Africa

The GSMA has announced that its Mobile for Development mHealth programme has launched a new cross-ecosystem partnership designed to provide a range of mHealth services to women and children, with a particular focus on nutrition, across Sub-Saharan Africa.
Monday, June 30, 2014 — Sub-Saharan Africa

Nigeria’s Microfinance Banks Ready To Go Cashless

Source: The Nigerian Observer

Abuja - The National Association of Micro Finance Banks (NAMFB), has expressed readiness of its members to key into Federal Government’s cashless policy.
Monday, June 30, 2014 — Sub-Saharan Africa

'Oscars' for health care innovation is back

Source: Devex

GlaxoSmithKline and Save the Children are reopening their doors for innovative solutions to reduce under-5 child mortality.
Monday, June 30, 2014 — Sub-Saharan Africa

The apparent M-Pesa monopoly may be set to crumble

Source: Fortune

Competition to the M-Pesa is heating up in Kenya, the world’s most advanced mobile payments market.
Friday, June 27, 2014 — Sub-Saharan Africa

South Africa: MTN, Pick N Pay in Mobile Money Partnership

Source: allAfrica

Johannesburg — MTN and Pick n Pay have partnered for a free money transfer service that is poised to empower millions of South Africans excluded from the banking system.
Friday, June 27, 2014 — Sub-Saharan Africa

WHO urges 'drastic action' on Ebola, calls 11-nation meeting

Source: Yahoo! News

Geneva (AFP) - The World Health Organization on Thursday called for "drastic action" to fight the deadliest Ebola outbreak on record, as it announced an 11-nation meeting to address the growing crisis.
Wednesday, June 25, 2014 — Sub-Saharan Africa

Tackling healthcare challenges through digital innovations

Source: Hispanic Business

It is business as usual at the Comprehensive Care Centre (CCC) at Kenyatta National Hospital in Nairobi. Patients move in and out of different rooms as medical specialists address various concerns.
Tuesday, June 24, 2014 — Sub-Saharan Africa

Serenus Biotherapeutics sees large potential market in Africa

Source: SFGate

San Francisco's newest pharmaceutical company is staking its future on a distant continent: Africa.
Tuesday, June 24, 2014 — Sub-Saharan Africa

BitPesa set to launch in Nairobi

Source: HumanIPO

Kenyan startup BitPesa is set to formally launch in Nairobi next week, bidding to bring down the high transaction fees associated with international money remittance companies by taking advantage of the digital, borderless currency Bitcoin.
Monday, June 23, 2014 — Sub-Saharan Africa

High cost of vaccines complicates crisis response in South Sudan

Source: Global Post

Aid group Médecins Sans Frontières says thousands of children have missed critical vaccines because pharmaceutical companies won’t budge on price
Friday, June 20, 2014 — Sub-Saharan Africa

‘Mobile money, Bitcoin driving down African remittance costs’

Source: ITWeb Africa

Mobile money and digital currencies are being used to boost remittances into Africa and drive down the cost of sending money to the continent, experts said on Wednesday.
Thursday, June 19, 2014 — Sub-Saharan Africa

Nigeria: Stakeholders Raise Concern Over Slow Adoption of Mobile Money

Source: AllAfrica

Stakeholders at the ongoing Card, ATM and Mobile Expo, which opened in Lagos on Tuesday, have raised concern over the slow adoption of the mobile money payment system in the country.
Wednesday, June 18, 2014 — Sub-Saharan Africa

Invested Development Invests in iProcure to Improve Access to Farming Inputs in Kenya

Source: Press Release

Invested Development (ID), an early stage impact investment fund manager, has invested in iProcure, a technology startup serving the needs of the agricultural ecosystem in Kenya. iProcure provides software to enhance sales and inventory management in rural and peri-urban agriculture markets. As a result, farmers can access high-quality farming inputs and equipment conveniently and affordably.
Thursday, June 12, 2014 — Sub-Saharan Africa

Social entrepreneur uses innovation to push economic growth

Source: News Day

Social entrepreneur Irene Chikumbo is using technological innovation to accelerate economic growth and social development in Zimbabwe.
Monday, June 09, 2014 — Sub-Saharan Africa

Acumen Joins Power Africa's Beyond the Grid as Founding Partner

Source: Press Release

Acumen is proud to be a founding partner of Beyond the Grid, an innovative framework under President Obama’s Power Africa initiative to increase energy access for underserved populations across sub-Saharan Africa. Beyond the Grid will leverage partnerships with investors and practitioners committing to invest over $1 billion into off-grid and small scale solutions for this underserved market.
Thursday, May 29, 2014 — Sub-Saharan Africa

Kenya’s Virtual Operators Add Twist To Mobile Money Revolution

Source: AFK Insider

A move by the Kenya communication regulator to license three mobile virtual network operators (MNVO) – that don’t own their own communication infrastructure – is expected to expected to increase competition in the mobile money segment of the market that has been for the last couple of year dominated by a single player.
Wednesday, May 21, 2014 — Sub-Saharan Africa

IFC expands support to capital markets, access to finance and telecommunications in Rwanda

Source: WorldStage

IFC, a member of the World Bank Group, today reaffirmed its commitment to supporting the private sector in Rwanda.
Monday, May 19, 2014 — Sub-Saharan Africa

Mobile money use on the rise in West Africa

Source: PC Advisor

Various strategies are being used to encourage use of mobile money services
Friday, May 16, 2014 — Sub-Saharan Africa

Vodacom Tanzania, CBA launch mobile money banking product

Source: HumanIPO

Vodacom Tanzania and Commercial Bank of Africa (CBA) have launched a banking service named M-Pawa allowing Tanzanians to save and borrow money on their mobile phones.
Friday, May 16, 2014 — Sub-Saharan Africa

Small businesses in Kenya embrace mobile money payments

Source: Coastweek

Small business operators in Kenya have for many years resisted mobile money payments as they preferred cash transactions.
Thursday, May 15, 2014 — Sub-Saharan Africa

Africa Analysis: Getting telemedicine informed consent

Source: SciDev.Net

Telemedicine could boost healthcare in rural Africa, but it has informed consent challenges, writes Linda Nordling.
Wednesday, May 14, 2014 — Sub-Saharan Africa

Promoting Access to Finance in Nigeria

Source: This Day Live

The introduction of the tiered Know-Your-Customer regime for potential bank customers will drive the country’s quest for improved access to finance, writes Obinna Chima In most developing countries, large population of low income earners has little access to financial services.
Tuesday, May 13, 2014 — Sub-Saharan Africa

Africa: Neglected Tropical Diseases Treatments Hit 1 Billion Mark

Source: AllAfrica

Washington — The U.S. Agency for International Development (USAID) May 8 celebrated its support of the delivery of 1 billion neglected tropical disease (NTD) treatments that are helping more than 465 million people in 25 countries in some of the world's poorest populations.
Tuesday, May 13, 2014 — Sub-Saharan Africa

Africa Progress Report Asks Governments To Promote Mobile Banking

Source: AFK Insider

A new report has urged African governments to emulate Kenya in supporting the development of mobile banking and electronic commerce to increase financial inclusion.
Tuesday, May 06, 2014 — Sub-Saharan Africa

Acumen and Dow Chemical Advance Technical Assistance Initiative to Support Social Enterprises Across Africa

Source: Press Release

Acumen, with support from Dow, Unilever and Barclays hosts their second annual Technical Assistance (TA) Initiative Summit from May 5-7 in Nairobi, Kenya. The Summit is the second gathering in support of Acumen’s TA Initiative aimed at accelerating the development and distribution of crucial products and services in agriculture, water, sanitation and energy across East and West Africa.
Friday, May 02, 2014 — Sub-Saharan Africa

1,000 Days: The Period That Decides the Health and Wealth of the World

Source: The Atlantic

A globetrotting investigation into the biggest new idea in international development.
Friday, May 02, 2014 — Sub-Saharan Africa

Interactive Training and Rapid Diagnostic Testing Reduces Over-diagnosis of Malaria

Source: Vaccine News Daily

A study published on Friday in The Lancet Global Health showed countries where malaria is endemic should rollout malaria rapid diagnostic tests (RDTs) at the same time new training programs are integrated into the medical care system.
Thursday, May 01, 2014 — Sub-Saharan Africa

Uganda’s Bank of Africa Unveils Mobile Banking Platform

Source: Human IPO

Uganda’s Bank of Africa (BOA) has launched a mobile banking platform geared towards earning the bank a larger market share amongst those using mobile money as a way of doing business.
Thursday, May 01, 2014 — Sub-Saharan Africa

One Stop Shop Toilet Project for Densely Populated Areas of Africa Launched

Source: Standard Digital Business

Poor sanitation and unhygienic practices in urban slums and rural populations have been cited as the major causes of diseases while young children have been singled out as the most affected.
Thursday, May 01, 2014 — Sub-Saharan Africa

Bharti Enjoys Airtel Money Surge in Africa

Source: Mobile World Live

Airtel, India’s largest mobile operator, and which has operations across 17 African countries, disclosed the numbers as part of its consolidated Q4 results.
Thursday, May 01, 2014 — Sub-Saharan Africa

How Zidisha Sidestepped Banks and Took Microfinancing Peer-to-Peer

Source: Tech Republic

Microfinancing platform Zidisha is changing the way microlending works. By cutting out the middle man, they have drastically reduced interest rates for borrowers in the developing world.
Thursday, May 01, 2014 — Sub-Saharan Africa

Bottom of the Pyramid Business Strategy in Nigeria

Source: New Telegraph Online

The BOP concept champions new thinking and new ways of doing business in the world’s poor markets.
Tuesday, April 29, 2014 — Sub-Saharan Africa

SMEs in Developing World Need More Than $2 Trillion, Says International Finance Corporation

Source: allAfrica

The International Finance Corporation (IFC), the private sector arm of the World Bank Group has estimated this financial needs of small and medium scale enterprises in Africa and other developing countries.
Tuesday, April 29, 2014 — Sub-Saharan Africa

PRESS RELEASE: New CEO to Join EGG-energy Team

Source: EGG Energy

We’re delighted to announce that Malcolm Wigmore will be joining EGG-energy Tanzania Limited as our new CEO. Jamie Yang, our founding CEO, will remain as President of EGG-energy Incorporated (USA).
Tuesday, April 29, 2014 — Sub-Saharan Africa

Nigeria’s First Commercial Contactless Payment Solution Deployed

Source: Human IPO

Teasy Mobile Money has announced the successful deployment of Nigeria’s first commercial near field communication (NFC) contactless payments solution.
Tuesday, April 29, 2014 — Sub-Saharan Africa

Kenya: Have an Unpaid Water Bill? Kiss Getting Loans Goodbye

Source: Standard Digital Business

If you fail to pay your water, electricity or telephone bills, you will find it very difficult to borrow money from any financial institution.
Monday, April 28, 2014 — Sub-Saharan Africa

World Bank to Spend $8 Billion on Nigeria Over Four Years

Source: Bloomberg

The World Bank said it will provide Nigeria with projects worth $8 billion targeting job creation, social services and governance as part of its new country partnership strategy with Africa’s largest economy.
Thursday, April 24, 2014 — Sub-Saharan Africa

Gavi Alliance to Present Plans to Expand Impact of Vaccines By 2020 in Africa

Source: allAfrica

Drive to secure a healthy future for children in developing countries.
Thursday, April 24, 2014 — Sub-Saharan Africa

Why are Africans Getting Ripped off on Remittances?

Source: World Bank Blogs

Four factors combine to drive up charges. The first is limited competition.
Thursday, April 24, 2014 — Sub-Saharan Africa

Technology Exists to Lower Kenya’s Money Transfer Costs

Source: IT Web Africa

Kenyans living abroad could soon send money back to their families and friends in the country at lower costs.
Tuesday, April 22, 2014 — Sub-Saharan Africa

7 Incredible Health Tech Innovations Changing the Way South Africans Live

Source: Venture Burn

Nowhere is the need for more efficient, more accessible and generally more powerful tools as great as it is in Africa.
Tuesday, April 22, 2014 — Sub-Saharan Africa

OPINION: Grand Convergence in Global Health is Realizable

Source: Business Day South Africa

What it will take is a co-ordinated, future-oriented investment strategy.
Thursday, April 17, 2014 — Sub-Saharan Africa

OPINION: Managing Finances Well is Key to Africa’s Success

Source: Business Day South Africa

More than ever, African governments need to make the region attractive to investors to shore up the growth path the continent has embarked upon.
Thursday, April 17, 2014 — Sub-Saharan Africa

In Developing World Healthcare Market, Low-tech is the New Cutting Edge

Source: Rapid Growth Media

The r(Evolve) Centrifuge, developed by CentriCycle, is a manual hand-crank blood centrifuge that can operate without electricity in rural areas, separating blood for quick and accurate diagnostic testing.
Thursday, April 17, 2014 — Sub-Saharan Africa

Meet the Women Trading Sudan's First Carbon Credits

Source: The Guardian

Cleaner stoves have saved Sudan over 36,000 tonnes of carbon dioxide emissions and earned the country its first carbon credits.
Tuesday, April 15, 2014 — Sub-Saharan Africa

Musa, Swiss Partner to Help African SMEs in Healthcare

Source: Business Day South Africa

Private equity company Musa Capital is the partner in an investment fund that plans to develop small and medium-size enterprises (SMEs) providing health services to the poor in various African countries.
Tuesday, April 15, 2014 — Sub-Saharan Africa

African Health-Technology Deals on the Rise

Source: Destiny Man

Africa's rising middle class may see a rise in Private Equity and Venture Capital investments in the continent's healthcare industry
Thursday, April 10, 2014 — Sub-Saharan Africa

Predicting Disease Outbreaks in a Changing Climate in Africa

Source: allAfrica

The obvious direct health risks associated with climate variability, such as the higher incidence of dengue, malaria, cholera and diarrhoea are well-established. But now governments also have to think outside the box, say the scientists because any impact on human health has far-reaching implications.
Thursday, April 10, 2014 — Sub-Saharan Africa

Airtel Money, VIVO Energy Sign Pact to Strengthen Cooperation in 15 African Markets

Source: GhanaWeb

Vivo Energy, a Shell licensee in 15 African markets, and Airtel Money today announced a collaborative Pan-African agreement to strengthen both companies’ footprints in providing services to their growing customer base.
Tuesday, April 08, 2014 — Sub-Saharan Africa

Mobile Money Security is Kenya’s Next Big Challenge

Source: IT Web Africa

Attention needs to be paid to the security of mobile money systems in Kenya especially with the licensing of three virtual network operators in the country, say experts.
Tuesday, April 08, 2014 — Sub-Saharan Africa

MTN, Airtel Announce Cross Border Remittance Deal in West Africa

Source: Human IPO

The partnership will allow MTN customers in Ivory Coast and Airtel customers in Burkina Faso to transfer money between the neighboring countries.
Tuesday, April 08, 2014 — Sub-Saharan Africa

OPINION: Only New Products Will Keep MFIs Growing in Rwanda

Source: allAfrica

Through innovation, it is possible for the sector to financially reach the unbanked population and drive home the EDPRS II objectives, especially in the rural areas.
Tuesday, April 08, 2014 — Sub-Saharan Africa

Building the Impact Investing Market in Sub-Saharan Africa and South Asia

Source: Thomson Reuters Foundation

The impact investment market is extremely diverse and the DFID Impact Fund is distinctive
Tuesday, April 08, 2014 — Sub-Saharan Africa

Opinion: Richard Branson on World Health Day

Source: Virgin

This year’s World Health Day is focused on vector-borne diseases.
Tuesday, April 08, 2014 — Sub-Saharan Africa

Predicting Disease Outbreaks in a Changing Climate in Africa

Source: allAfrica

The IPCC report focuses on climate change impacts, adaptation and vulnerability.
Thursday, April 03, 2014 — Sub-Saharan Africa

South Africa to use Flavored Condoms to Tackle HIV

Source: BBC News

South Africa has some 6.4 million HIV-positive people - more than any other country.
Thursday, April 03, 2014 — Sub-Saharan Africa

Zimbabwe’s Econet Launches Mobile Money Loan Service

Source: IT Web Africa

Zimbabwean users of the mobile money platform, EcoCash, are now able to access urgent loans of up to $500 using their cellphones.
Thursday, April 03, 2014 — Sub-Saharan Africa

Donors Commit $240 Million to Fight Neglected Diseases

Source: Voa News

Bill Gates, the World Bank and other donors are stepping up efforts to fight neglected tropical diseases in Africa and other low-income regions with a $240 million injection of new funding.
Tuesday, April 01, 2014 — Sub-Saharan Africa

UK Drugs Firm GSK Announces Africa Investment

Source: Yahoo News

GSK will invest up to £130 million ($216 million, 157 million euros), including £100 million to expand existing manufacturing operations in Nigeria and Kenya and build up to five new factories in Africa, it said in a statement.
Tuesday, April 01, 2014 — Sub-Saharan Africa

Balancing Profits Against Public Health in the Search for Innovative Vaccines

Source: Deutsche Welle English

There is no cure and no vaccine for the Ebola virus, which has killed about 70 people in Guinea. Vaccine expert Professor Adrian Hill tells DW why some vaccines take time. It's got to do with profit.
Tuesday, April 01, 2014 — Sub-Saharan Africa

Vodafone Brings Africa's M-Pesa Mobile Money to Europe

Source: Reuters

The launch targets 7 M in Romania who mainly use cash and M-Pesa has 16.8 M active customers in emerging markets.
Thursday, March 27, 2014 — Sub-Saharan Africa

International Finance Corporation Proposes $1.5 B Annual Investment in Nigeria

Source: This Day Live

The International Finance Corporation IFC), which is the private sector arm of the World Bank, has unfolded plans to commence an annual investment of $1.5 billion in critical sectors of the Nigerian economy.
Thursday, March 27, 2014 — Sub-Saharan Africa

Global MFI Investors Shift Focus from Asia to Africa

Source: Business Standard

With the MFIs realigning their fund allocations, South Asia, the traditional microfinance hub, is facing challenge from Africa for the first time
Wednesday, March 26, 2014 — Sub-Saharan Africa

Off Grid Electric gets $7M to ‘light Africa in a decade’

Source: Venture Beat

Why do more people live without electricity today than when Edison turned on the first light bulb? For as long as he can remember, Xavier Helgesen has been fascinated with this question. And today, he landed $7 million in financing for his Arusha, Tanzania-based venture, Off Grid Electric, which provides solar energy to people in emerging nations.
Tuesday, March 25, 2014 — Sub-Saharan Africa

How Millennium Challenge Corp. Partnership Will Help PEPFAR 'go local' in South Africa

Source: Devex

The U.S. President's Emergency Plan for AIDS Relief and the U.S. Agency for International Development work together to help strengthen public health systems in South Africa by funding ARV distribution and equipment.
Tuesday, March 25, 2014 — Sub-Saharan Africa

Ebola Outbreak in Guinea May Spread to Liberia

Source: The Washington Post

An outbreak of the deadly Ebola virus is believed to have killed at least 59 people in Guinea and may already have spread to neighboring Liberia, health officials said Monday.
Tuesday, March 25, 2014 — Sub-Saharan Africa

Why Insurers are Looking to Kenya’s Low-Income Earners for New Business

Source: Standard Digital Business

Low-income earners have traditionally been underserved when it comes to being provided with avenues to manage the risks they face every day.
Thursday, March 20, 2014 — Sub-Saharan Africa

Financial Literacy Crucial to Nigeria's Economic Growth

Source: allAfrica

Financial literacy among Nigerians especially the young people will foster economic growth and development even as the country seeks the attainment of financial inclusion in the economy,