Baker Stove is a product by Top Third Ventures Ltd, a company registered in Kenya, run by a locally based team and a vast network of professionals around the world dedicated to empowering women in the developing world.
The founders of South Africa’s first rand-to-Bitcoin exchange platform explain it is 300 times faster and 10 times cheaper than traditional money transfers.
Bitcoin is a digital currency which is not regulated or controlled by any government and exists purely in the cloud. It is described as a currency “without borders”.
In the past six months it has experienced rapid growth in the United States and Europe, where the Eurozone crisis has drained confidence in fiat currencies, but take-up has so far been slow in Africa.
This new library-in-a-shipping-container plans on using growing Internet access in Africa to create a new model for making available both electronic information and physical books.
It’s a conundrum that library advocates have struggled with for years: in many areas in the developing world, libraries run on donations, which means they often end up with irrelevant books that never even get removed from their boxes. People still come to libraries in these places for a quiet place to read and study, but certainly not because of the resources they provide. Recently, a crop of initiatives have launched that aim to make libraries more relevant again. Librii, a project from Libraries Across Africa that’s seeking $50,000 in funding from Kickstarter, is one of them.
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