Rwandan Tech Startups Raise Seed Funding from Kigali-based Norrsken Foundation
Founded by Niklas Adalberth, one of the founders of Swedish fintech unicorn Klarna, in 2016, Norrsken aims to help entrepreneurs solve the world’s greatest challenges. PesaChoice is a financial services technology company bridging the gap between salary payouts and unexpected expenses for people with limited access to institutional credit. Users can quickly and efficiently apply […]
The Economic Effects of Terrorism in Africa
In a number of African countries, terrorism has become a major challenge to socioeconomic development. This has spurred research on the extent to which terrorism affects economic growth. But an area that’s been less examined is the influence of military expenditure on the relationship between terrorism and economic growth in Africa. In Nigeria, insurgent groups […]
AFP Journo Honored for Coverage on Tigray
Ethiopian journalist Solan Kolli has won the Rory Peck prize for his coverage of the devastating conflict in the Tigray region of his home country. The 32 year old Freelancer, won in the news category for a report commissioned by AFP on massacres of civilians. In a video recording, Solan said the award has come […]
Fears of More Deaths after Burkina Faso Attack
The death toll from a weekend attack on a gendarmerie post in northern Burkina Faso has risen to at least 53, according to officials. The attack, near a gold mine in Inata, killed 49 military police officers and four civilians, government spokesperson Ousseni Tamboura said on Wednesday, updating a previous estimate of 32 killed. However, […]
Kenyans Expose Alleged Twitter Con
A mobile fundraising platform has began refunding money contributed to support an initiative set up to support teenage mothers after fraud claims were made. A Twitter thread by Shirleen Mukami had last week explained how she and a few other struggling young mothers with “absent baby daddies and unsupportive families” had come together to support […]
Buying and Selling Half-shredded Banknotes has become the Latest Hustle
Zimbabweans are suspicious of banks and prefer to keep their money under pillows and beds. In previous crises, hyperinflation wiped out millions in savings, particularly in 2008. Now, there is a lack of favoured banknotes as they wear out faster than replacements come into circulation. Shortages have led to the government telling banks and retailers […]
Khartoum Demos Take a Deadly Turn
Security forces shot dead at least 15 people and wounded dozens as thousands of Sudanese took to the streets on Wednesday on the deadliest day in a month of demonstrations against military rule, medics said. The protesters, marching against an Oct. 25 coup across the capital Khartoum and in the cities of Bahri and Omdurman, […]
Antony Blinken’s First Trip to Sub-Saharan Africa
Secretary of State Antony J. Blinken’s visit was intended to be a grand gesture of American support for the continent. But his first day also illustrated the frustrating limits of American influence in a region undergoing deep turmoil. As Mr. Blinken met with officials in Nairobi, Kenya, security forces in the capital of neighboring Sudan shot […]
ESG In Agriculture
70% of Africans make a living through agriculture, and technology could transform their world. Rural areas are chronically underserved by financial service providers, which is a limiting factor for economic development. Even where financial services are accessible, evidence shows that social concerns are often not fully incorporated in funding decisions and the delivery of services. […]
