Posts by Alastair Tempest
The Most Popular Products on Jumia Nigeria
According to BUSINESS INSIDER Jumia has released a report on the most ordered items on their Nigerian platform. Phones topped the list of most ordered items. This is not surprising given the…
Read MoreCrypto Currencies – Kenya Acts Fast; Namibia Recognises Cryptocurrencies; and SA Requires Licences
Kenya’s data privacy regulator is warning the public about the use of “sensitive personal data” by WorldCoin, a cryptocurrency company founded in 2019 by Open AI’s co-founder Sam Altman. Worldcoin,…
Read MoreData Centres in Africa
A new generation of data centres are being built in Africa’s smaller economies, fuelling a $5bn market opportunity. Data centres, which house digital infrastructure such as servers and cables, enable faster…
Read MoreCredit Card Fraud and News on Cybercrime in SA
SABRIC’s latest stats reported to the PASA Credit-card Users Committee show a welcome slowdown in overall fraud. ‘Card not present’ fraud has remained stable over the last few reporting periods,…
Read MoreThe Pan African Payments and Settlement System (PAPSS) Builds Alliances
PAPSS was launched by the Afreximbank last year and has been piloting in West Africa, it is now signing up partners, including SA’s Standard Bank with which it signed a…
Read MoreWaiting for Your Remittances? Some African Countries Take Ages to Pay Suppliers
Kenya clocks in as one of the slowest countries on average for suppliers given the time it takes to get money paid for goods delivered. According to the Duplo report: Exploring…
Read MoreConcern over the Future of the AGOA Act Continues
In May this Newsletter pointed out that the African Growth and Opportunity Act (AGOA), which covers trade tariff benefits offered by the USA to Africa, is under threat. African trade…
Read MoreWTO Holds Hearing on the Effects of COVID on National Transport: EFSA Represents SA
The DTIC kindly invited EFSA to make a presentation on behalf of SA to the WTO Council of Trade on 13 June to address the impact of the Pandemic on…
Read MoreNew Players Push Payments Solutions
African pay-TV operator MultiChoice Group, payments platform specialist Rapyd and venture capital firm General Catalyst have unveiled a joint venture aimed at developing an integrated payment platform for Africa. The…
Read MoreThe Southern African Development Community (SADC) Financial Inclusion Plans
SADC is working on a Strategy on Financial Inclusion and SMEs Access to Finance, which will include an inclusive, stable and innovative SADC financial system that empowers individuals and businesses…
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