Investment from Afreximbank and the UN aims to turn the countries from exporters of unprocessed critical minerals to vibrant manufacturing hubs for electric vehicles and batteries Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a framework …
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The firm, which offers customers in Kenya, Nigeria, Ghana and Uganda access to financing for appliances and electronics, says it will launch in more countries and broaden its product range | DAVID THOMAS | Kenyan lender M-Kopa, which offers underbanked customers finance to acquire solar lighting, smartphones, TVs and domestic …
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Nairobi-based lender M-KOPA is expanding into the Nigerian market, and have hired an ex-Andela executive for the job | DAVID THOMAS | Kenya’s M-KOPA, which offers underbanked customers finance to acquire solar lighting, smartphones, TVs and domestic appliances, is expanding into Nigeria after a successful pilot project. M-KOPA, which means …
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In too many countries, transmission and distribution remain the responsibility of badly managed state utilities. Gridworks CEO Simon Hodson explains to David Thomas how his organisation plans to invest to make the sector commercially sustainable In the barren, rocky wasteland at the southern edge of Kenya’s remote Lake Turkana sit the whirring turbines …
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Despite concerns about profitability, Uber is continuing to expand in Africa and remains firmly committed to the market. General manager Alon Lits explains the e-hailing firm’s strategy to African Business Magazine’s David Thomas As one of the highest-profile and most valuable tech IPOs in years, Uber’s May debut on the …
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