Finance

AFRO, the digital african currency of water

AFRO, the digital african currency of water
Monday, 23 December 2019 12:58

One of the missions of AFRO includes improving daily well being of people of the African continent. We have mentioned it before, but today it became a reality. AFRO partnered with two companies to guarantee population of the continent a simple and secure access to drinking water. O’Claire and Sunwaterlife rely on systems that transform non-potable water into potable water using ultra filtration. This is a crucial point due to the fact that sometimes it is needed to travel several kilometers and walk for hours in order to find a water source without being sure that this water is not contaminated.

AFRO is therefore the pan-African digital currency used by these systems to allow optimal security. The prices will be adapted to the population of the emerging areas.

We are pleased that this partnership is coming to life as these solutions will also allow to promote and give a boost to the development of the local industry thanks to the maintenance, analysis, control and management requirements performed by locals.

ABOUT THE AFRO FOUNDATION:
AFRO Foundation is a Non-Governmental Organization (NGO), based in Mauritius.

AFRO was created in December 2016 by an international group of economists, digital currency experts, humanists and thinkers. AFRO is an apolitical and neutral pan-African digital currency made available to the African continent and its constituent countries..
www.afrofoundation.org
Telephone : +447700000100
Twitter : https://twitter.com/foundation_afro
Telegram : https://t.me/theafro

AFRO

On the same topic
Bank exits non-sovereign shareholders to protect multilateral status Move aims to avoid losses in future sovereign debt restructurings Institution...
Awash Bank becomes fourth company listed on Addis exchange Move adds depth to a market launched in 2025 Listing reflects broader financial sector...
New agency aims to mobilize public savings for business financing Initiative targets key sectors including agriculture and mining Move...
Norfund and Ghanaian pension manager Axis Pension Trust commit a combined $20 million to Growth Investment Partners, BII's SME platform in...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.