The agreement seeks to provide a platform for intervention across the affordable housing value chain.
Category: Finance
Finance insights covering banking, fintech, investment, financial services and market developments shaping Africa’s economy.
Insurance has a crucial role to play in driving the sustainability of farming and give impetus to Zambia’s socio-economic development
With Zambia having recently commemorated Farmer’s Day and the contributions and work made by farmers in the agricultural sector in the country, Hollard has highlighted the importance of ensuring the sustainability of farming in the country, by providing adequate disaster risk financing mechanisms as a means to protect farmers against natural and man-made disasters.
APA Insurance and Hollard International commence collaborative operations
Collaborative effort to drive change in East Africa’s Insurance market
Global African Hydrogen Summit Channelling Capital Towards Critical Sectors For Sustainable Development
With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. Southern Africa, with its abundant renewable resources, is poised to become a leading exporter of green energy.
Millennials will drive the growth of insurance in Africa
The insurance industry in Africa is undergoing significant transformation, marked by evolving consumer needs, technological advancements, and shifting demographics. Among the most influential demographic groups driving this change is the Millennials generation, born between 1982 and 1994. According to market research firm, IMARC Group, the African insurance industry is expected to grow by 6.3% between 2024 and 2032, after reaching US$ 87.4 billion by 2023.
UDB Focuses on Sustainability and Innovation to Drive Uganda’s socio-economic development
Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued pivotal role in fostering economic resilience and sustainable growth across key sectors of the economy.
Shift to omnichannel payments in retail to drive efficiencies and enhance CX
Quintin van der Linde & Don Lange from Ecentric Payment Systems explains why a shift to omnichannel payments in retail is key to drive efficiencies and enhance CX for the future.
d.light closes new USD$176 million securitization facility for affordable off-grid solar in Kenya, Tanzania and Uganda
Off-grid solar provider d.light and impact investor African Frontier Capital partner on new financing to support consumer loans for solar and high efficiency appliances in East Africa
Navigating Flood Risks, Adaptation Strategies, and the Role of Climate Finance in Building Resilience
In recent times, the frequency and intensity of extreme weather events have escalated, posing significant challenges across the globe. In many regions, relentless rains have led to catastrophic flooding, disrupting lives and livelihoods.
Fintech’s transformative potential: Empower customers through self-education
The most powerful thing a fintech can do is enable its customers to educate themselves. Mukuru, a leading next-generation financial services provider, started out as a remittance company but has evolved into a platform with a suite of different financial products and services. Mukuru CEO, Andy Jury, says that formalised financial education obviously plays a crucial role in a fintech’s business, but customers that trust and repeatedly use a new product or service, such as a digital store of money, go through a natural learning process and are then more comfortable being exposed to more sophisticated products.