Africa
Fintech Awards for Financial Inclusion
10 Southern African startups have received awards for their solutions to bridge the gap in financial access for underserved communities as part of the Fintech Challenge organised by the Southern…
Read MoreRwanda Hopes to be the Fintech Capital of the Continent, While Kenya and Nigeria Look at Taxing Cryptocurrencies
Two of Africa’s biggest fintech players are expanding their operations in Rwanda, which is pushing to position itself as a strategically important hub for the fintech sector by revamping its…
Read MoreThe Success of Africa’s Beauty Sector
The African market is one of the most lucrative for beauty businesses. According to Statista, the beauty industry currently increases between 8% and 10% per year against a global market…
Read MoreOnline Betting Increases in Africa
This Newsletter has commented previously on the increase of online betting, which has become popular entertainment for young Africans. A few African countries, such as Nigeria, Kenya, SA, and Ghana,…
Read MoreSA’s Draft Electronic Communications Amendment Bill Casts a Wider Net
The Department of Communications and Digital Technologies (DCDT) in June published the Draft Electronic Communications Amendment Bill, 2023, which is intended to amend certain parts of the Electronic Communications Act…
Read MoreRegulation in Nigeria
In June the Data Protection Act, 2023 was signed into law by Nigeria’s President. The Act provides a legal framework for the protection of personal information, processing and transfer of…
Read MoreThe 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 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…
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