How these African fintechs make money
It was bound to happen: after taking over entertainment and media, software is eating up financial services too. Every aspect of financial services is getting digital, reducing operational and distribution costs, which makes it affordable for the end-user. Fintech—digital financial services—are multiplying rapidly due to the growth in African mobile phone users, currently 650 million […]
Standard Bank To Partner With Northern Trust To Offer Transition Management Services Across Southern Africa
Standard Bank has signed a memorandum of understanding (MoU) with Chicago-headquartered financial services company Northern Trust, to partner on the delivery of transition management services across Southern Africa. Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services. Transition Management is a core offering at Northern Trust […]
AFEX Announces First Warehouse Receipt Backed Commercial Paper In Africa
Raises $50 Million to Finance Agri-SMEs in Nigeria Nigeria’s leading private commodities exchange company, has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled operations and a 24-hour fast cash turnaround for borrowers. With over $50 million raised for Agri-SMEs, this bridges the funding gap between lenders and borrowers in the Nigerian […]
African Academics Join Forces To Investigate African Narratives Under New Fellowship Program
Does the development community contribute to stereotypical narratives about Africa? How is the continent represented in film, literature and spoken word poetry? How is the restitution of African art being discussed across Africa? These are some of the research topics that will be pursued by academics who have been selected to take part in the […]
2021 Anzisha Prize Applications Open As Need For Job Creation Soars During Pandemic
Mastercard Foundation and African Leadership Academy call on young African entrepreneurs to join the Anzisha Prize Fellowship program The Anzisha Prize launched the 2021 call for Africa’s biggest award for young entrepreneurs between, 15 and 22. Applications have now opened for the latest cohort, with successful entrepreneurs standing a chance to win a shared prize […]
4th PIAFRICA Is Virtual! 18 – 19 March 2021
Pension Funds and Alternative Investments Africa Virtual Conference brings a month of virtual events with 2-day executive lead forum, pre- and post-webinars, and a Masterclass training session via the event App. Developed under the theme “The developmental impact of pension funds – allocating capital in a broad-based economy”, the 2021 PIAfrica Virtual Conference will take place throughout the […]
AURA Builds World’s First Whatsapp Security Chatbot In Partnership With Tracker
AURA, South Africa’s leading security and medical response platform has launched the world’s first WhatsApp security chatbot in partnership with Tracker, one of the country’s most trusted names in stolen vehicle recovery. Powered by AURA, Tracker’s unique Tracker CareGuard service offers rapid mobile emergency response anywhere, anytime within South Africa. The new cutting-edge solution enables subscribers to […]
Christian Ethiopians Welcomed by Muslim Villagers in Sudan
Tens of thousands of Christian refugees, fleeing the violence in the Tigray region of Ethiopia, have been given a warm welcome by the residents of a sleepy Sudanese town: “We are brothers.” The refugees were hungry and exhausted, their shoes dusty and worn from trudging for four days through the bush and forest of northwestern […]
Tied Down by Mali’s Slave Mentality
The internal African slave trade was officially abolished in colonial Mali in 1905. But a form of slavery – called “descent-based slavery” – continues today. This is when “slave status” is ascribed to a person, based on their ancestors having allegedly been enslaved by elite slave-owning families. The practice is most prevalent among Mali’s nomadic […]
South Africa’s Ex President Skips Day in Court
A South African inquiry into corruption during Jacob Zuma’s time as president will ask the Constitutional Court to impose a jail term on the former leader after he defied an order to appear before the inquiry on Monday. Deputy Chief Justice Raymond Zondo, who leads the inquiry, said there was “no valid or sound reason” […]
