Tag Archives: African challenges

African challenges: Latest News

  • African Fintech Solutions Succeed Due To Nonexistent Banking Infrastructure

    M-Pesa is a fintech success story in Africa. Photo - Quartz By Tom Jackson, 6:13 am AFKI Original

    While fintech solutions in other parts of the world have not produced consistent success, Africa’s lack of banking penetration has opened up possibilities for fintech startups to serve a mobile-first population. This track record of innovation is resulting in increased funding for African fintech startups, while of all the sub-sectors within Africa’s tech space it has also proven the most likely in terms of exits.

  • 10 African Tech Innovations That Are Solving African Problems

    By Dana Sanchez, 10:44 am

    A fire detection device by South African David Gluckman, Lumkani prevents fires from tearing through informal settlements and it boosts community mobilization efforts using radio frequency technology. This and other innovations will showcase African ingenuity and the continent’s ability to address its own challenges at the upcoming annual Innovation Prize for Africa Awards. Check out the nominees here.

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