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17/04/2025

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24/03/2023

The African Development Fund’s Board of Directors has approved $3.9 million grant to finance an upgrade of Liberia's payments infrastructure and systems project.

The approval of the grant from the Bank’s concessional lending windo, was made on 17th March. The project’s primary objective is to strengthen the payments ecosystem in Liberia for increased efficiency and to foster growth and innovation. It targets the automated cheque processing and automated clearing house (ACP/ACH) and real-time gross settlement (RTGS) systems, which form the backbone of payments processing in the country’s financial sector.

The African Development Fund’s Board of Directors has approved $3.9 million grant to finance an upgrade of Liberia's payments infrastructure and systems project.

16/12/2022

In his opening remarks, Mr. Captain disclosed that the CLSG connection to the Liberian network will increase LEC’s power generation capacity by 27 Megawatts. He said the power to be added on amounts to about 50% of what Mt. Coffee Hydro currently generates. Mr. Captan said the additional power will help Liberia go a long way in addressing the country’s dry season needs.

Mr. Captan said as Liberia prepares to meet its future energy needs, LEC will shortly begin the implementation of a 20-megawatt solar power project and the expansion of the Mt. Coffee Hydropower Plant by two additional turbines through a partnership between the World Bank and the Government of Liberia. Additionally, the West African Power Pool, the Government of Liberia, and the World Bank are undertaking a feasibility study for the development of a 148MW hydropower plant upstream of the St. Paul River, a press release issued by the LEC said.

BIG LIGHT HAS COMEMonrovia - It was a sunny Thursday, on the outskirt of the capital Monrovia when the Government of President George Manneh Weah officially switched on the CLSG grid and delivered the much-awaited affordable and r

16/12/2022

Our latest project: installing solar panels on facilities.

23/06/2022

05/06/2022

Yet where Sandberg sees scale, others see something sinister. The Harvard emerita professor Shoshana Zuboff, author of The Age of Surveillance Capitalism, has described Sandberg as the “Typhoid Mary” of surveillance capitalism owing to her role in spreading Google’s data-mining practices to Facebook. At the heart of data mining is an implicit agreement: the products are “free” in that we don’t have to pay money to use them. Instead, we “pay” with our data, exchanging our online behaviour, preferences, social network and privacy for connection.

From epic data mining to shocking failures of content moderation, Meta’s COO passes on a vast clean-up job

04/06/2022

"As inflation rises while purchasing power inversely declines, more companies in various sectors of the economy could turn to sachetisation, even service providers that previously served only the upper and middle class."

High poverty rates in Nigeria have led many businesses, including those in tech, to adopt sachet marketing to survive.

10/05/2022

Not good!

MONROVIA – SN Brussels, one of the most consistent airlines flying from Europe to Monrovia on Wednesday re-routed to Freetown, Sierra Leone when the plane, after descending sufficiently to touch ground, suddenly aborted landing at the Roberts Interna

01/12/2021

26/11/2021

"In the third quarter of this year alone, African fintech firms raised $906m, according to Digest Africa, a database of early-stage investments on the continent. That represented more than 60 percent of all venture money that flowed into Africa last quarter, and more than all other sectors combined in the first half of 2021."

Fintech startups drew more than 60 percent of all venture funding that flowed into Africa last quarter.

26/11/2021

" Fintech is a portmanteau for 'financial technology.' It’s a catch-all term for any technology that’s used to augment, streamline, digitize or disrupt traditional financial services."

Think back, for a moment, to your pre-COVID-19 life. In those less socially distanced days, fintech was the unsung hero of your Friday night. You deposited your paycheck by snapping a photo on your smartphone and uploading it to your bank’s mobile app. You checked Mint to gauge your monthly enter