Microfinance in Africa shines through inflation’s shadow
Rampant though receding inflation and central bank interest rate hikes continue to impact African nations struggling to emerge from the COVID-19 economic slump. But many of the continent’s microfinance institutions and fintechs are still seeing micro, small and medium enterprises (MSMEs) seeking credit to expand with limited uptick in non-performing loans. By Shane Starling Sector […]
Climate finance: How to end energy poverty in Africa?
Africa is home to 75% of the world’s population without access to electricity, and the trend could worsen with population growth and local electricity infrastructure investment declining in recent years. Yet, with the cost of renewable energy falling dramatically, the financing needs to provide universal access to affordable and reliable green electricity are estimated at […]