Ghana's Affordable Housing Is A Giant Mess
Starlink is now in Malawi and Nigeria adds NFC to eNaira
What’s happened this Week:
Nigerian eNaira gets NFC features
Starlink starts operating in Malawi
and more!
Ghana is facing a huge housing deficit, estimated to be around 1.8 to 2 million units, and is expected to increase.
Despite a construction boom in the capital city of Accra, most of the new developments are luxury apartments that are unaffordable for the majority of the population.
Meanwhile, low-income residents struggle to find decent and secure accommodation in the informal sector, where they are often exploited by landlords who demand exorbitant advance rent payments.
Governments over the years have attempted to fix the issue by initiating several affordable housing projects. These projects aim to provide decent and low-cost homes for low and middle-income earners.
But so far, most of the projects have failed.
In The News This Week:
Nigerian Central Bank Adds NFC To eNaira For Contactless Payments
According to a report, Nigeria’s Central Bank has added Near Field Communication (NFC) technology to its CBDC mobile app.
NCA To Trial Digital Audio Broadcasting In Accra and Kumasi In August 202
The National Communications Authority (NCA) has commenced its Digital Audio Broadcasting (DAB) trial in Accra and Kumasi.
This technology will allow FM stations involved in this trial will be heard simultaneously in Accra and Kumasi.
Nigeria Health Startup Clafiya Raises $610,000 in Pre-Seed
Clafiya, an African health-tech company, has today announced its $610,000 pre-seed raise.
Adoption of Digital Identify Growing Across Africa According To Smile ID H1 2023 Report
Smile ID, a KYC and identity startup in Africa, has released its H1 2023 State of KYC report detailing digital verification and fraud trends across the continent.
Starlink Internet Services Officially Available In Malawi
Starlink, the space internet service from SpaceX, is now officially available in Malawi. Users in Malawi can now sign up and access Starlink’s internet service in the country.
Africa Ecosystem Funding Activity
AfriLabs partners U.S. Department of State to address climate crisis via entrepreneurship - Disrupt Africa
Egypt’s EdVentures, Saudi’s VMS join forces to revolutionise MENA ed-tech industry - Disrupt Africa
Africa Impact Investing Group launched to drive capital for impact - Disrupt Africa
“What’s Your Story” Nominated For Best Technology Podcast At APVA Awards 2023
Tech Nova’s podcast show “What’s Your Story” has been nominated for the Best Technology Podcast in the inaugural edition of the African Podcast and Voice (APVA) awards by Afripods
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