Livestock Theft Hits South African Farmers Hard
In South Africa 218,000 farm animals—cows, sheep or goats—were taken in the 12 months to March, up from 180,000 five years earlier. The total loss was worth about $60m in each of the past two years, around twice as much as the annual black market value of poached rhino horn. Losses this year will probably […]
The State of Kenya’s Post-pandemic Economy
The economic crisis caused by the pandemic and ensuing lockdowns has left many struggling: 1.7 million Kenyans lost their jobs between April and June 2020, while 20.8 million borrowed funds using a programme provided by popular mobile carrier Safaricom, double last year’s number. One financial services conglomerate headquartered in Nairobi bought a yard to store […]
The Ideal African Fintech Group to Back
Private equity firm Africa Capital Alliance has invested $20m in Nigeria-focused financial services company Accelerex as it pursues a continent-wide expansion plan. Mauritus-based Accelerex owns one of the largest payment terminal service providers in Nigeria, which works with over 95% of Nigerian banks and 90,000 merchants. Its agency banking arm, AccelerexNetwork, active since 2013, offers […]
Bezos Bets on Africa’s Tech Scene
Over the past five years, high-profile visits to African tech ecosystems by Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, Google CEO Sundar Pichai and Alibaba founder Jack Ma have been signposted as marks of validation. Now, Jeff Bezos, CEO of Amazon and the world’s richest man, can be added to the list of global […]
Building Resilient Communities Through Investments In Water, Sanitation And Hygiene (WASH) Programs & Services
In commemoration of World Toilet Day, it is crucial that local, national, and global leaders commit to improving sanitation for African communities. Access to adequate sanitation improves health outcomes by reducing communicable diseases such as neglected tropical diseases (NTDs), thereby creating stronger and more resilient communities. Neglected tropical diseases (NTDs) are a group of parasitic and […]
Kreek Africa; Africa’s Freelance Marketplace Makes Great Strides
Freelancing is fast becoming a lifestyle for workers especially among the millennials and Generation Z. In Europe, Asia, and the Americas, the freelance economy is growing in leaps and bounds. In Africa, it is growing as well, but most freelancers are yet to hop online to milk the limitless opportunities in the global village. As many […]
Chronic Underinvestment In Clean Energy Putting Millions In Sub-Saharan Africa At Risk As They Are Left Behind In Energy Transition
The world is neglecting investment in electricity and clean cooking access despite COVID-19 highlighting the critical need for energy access to protect the most vulnerable and save lives Fossil fuel financing increased substantially in 2018 while grid-connected renewables financing decreased, despite the urgent need for action and large pledges made since the Paris Climate Agreement […]
