World Bank vows to ‘keep the remittance lifeline flowing’
Organisation warns of a decline in remittances to Sub-Saharan Africa due to COVID-19.
Michael Malakata
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Africa's internet economy to contribute US$180bn by 2025
Research identifies internet connectivity and Africa’s growing start-up ecosystem as key drivers.
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Facebook creates multimillion-rand grant for SA small business
The social media giant says the grant will assist local companies with cashflow in an effort to stimulate the COVID-hit economy.
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Zambia records 126% growth of mobile money payments
Central Bank governor outlines situation at launch of the Zambia digital economic diagnostic report.
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Remittance market expected to bounce back from COVID-19
Adoption of digital financial services expected increase and ecosystem will grow despite barriers, including cost.
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Ghana targets 85% financial inclusion by 2023
Several initiatives launched to bolster financial inclusion and the move to a cashless society.
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The Gambia receives U$30m to boost telecoms, energy
World Bank policy grant will be used to strengthen governance of SOEs.
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Africa Data Centre Association offers free hosting
Organisation announces development to help businesses deal with COVID-19.
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Collaboration broadens connectivity in Burkina Faso
Telecommunications firm MainOne partners World Bank to provide bulk connectivity services.
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COVID-19 hits Africa remittances, World Bank urges digital platform use
The World Bank projects a 20% decline in global remittances, urging service providers and authorities to introduce measures to ease use of mobile money platforms.
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Ghana's public electricity company to deploy fibre
Company's infrastructure could be leveraged to provide data and internet services.
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Africa poised for mobile money growth
Research by IMF, World Bank and GSMA suggests growth from mobile-enabled platforms and disruption to traditional value chains.