The 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 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…
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