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NEWS

Nigerian Central Bank Announces Plans to Launch New Currency, South Africa Also Considers A Digital Currency

Jun 17, 2021 |

During this year the Central Bank of Nigeria (CBN) has flip-flopped between welcoming digital currencies, then forbidding trading in cryptocurrencies, and now announcing that it plans to launch its own new digital currency before the end of the year. SA on the other hand has always been friendly to new digital currencies and the Reserve…

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Delivery Logistics – South Africa and Egypt: two Entirely Different Scenarios

Jun 17, 2021 |

The South African Post Office (SAPO) has opened a court case against PostNet, a private delivery service, accusing it of breaking the national “last mile” monopoly. Should PostNet lose this challenge, the case could see many new ecommerce delivery services closed down. It is understood, however, that SAPO hopes to force the private delivery services…

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New SADC Transport Link

Jun 17, 2021 |

Botswana and Zambia has opened the $260m Kazungula Bridge, the 923km road and rail bridge offers a faster and cheaper alternative to a route via Beitbridge on Zimbabwe’s border with SA. Kazungula has a one-stop border facility located near the quadripoint that links Botswana, Namibia, Zambia and Zimbabwe. On average, about 25,000 people pass through…

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Addressing the Unaddressed

Jun 17, 2021 |

First there was ‘What-three-words’, an address system that uses three random words to identify an address, and now Mahli, from Cote d’Ivoire. The inventors point out that Ivorians generally describe their locations based on surroundings. So, Mahli, a startup aiming to solve the problem in order to boost African ecommerce, decided to use this method…

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Safaricom and Amazon

Jun 17, 2021 |

Safaricom is holding talks with Amazon.com Inc. about the use of mobile-money service M-Pesa on the Amazon’s platform, as part of efforts to expand global reach and bounce back from a first profit decline in a decade. Safaricom and Amazon already work together on web services while the Nairobi-based company runs local cloud sales for…

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