Mastercard And Network International Launch New Artificial Intelligence Fraud Prevention Solution
Partnership addresses rising fraud, declines and chargebacks Mastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargebacks in order to reduce costs and risk for acquirers. Through the partnership, Network will launch Mastercard’s Brighterion Artificial Intelligence (AI) […]
New Finance Model Enhances Access To Solar Energy
Power purchasing agreements – the way forward for commercial and industrial organisations to access reliable energy Driven by the need to address the climate crisis, a reset of the entire energy sector is currently underway as the world lessens its dependence on traditional coal-based power and shifts towards renewable energy. However, access to capital has […]
African Mining Indaba Unlocks Industry Investment Potential
The 2023 African Mining Indaba launched this week in Cape Town, drawing mining sector heavyweights from across the country and the globe. Promoting international collaboration and showcasing Africa’s continued potential in the mining sector, the theme for this year’s event is “Unlocking African Mining Investment: Stability, Security and Supply”. Mining Indaba senior manager for communication […]
Investors Cautiously Optimistic that Nigeria Will See Improvements Whoever Wins Poll
As Nigerian voters prepare to go to the polls on February 25, international investors are cautiously hopeful that whoever is elected as the next president of Africa’s largest economy will be more market-friendly than the current government. As of November, Nigeria was ranked 131 out of 190 economies on the World Bank’s Ease of Doing […]
Botswana Wants Equal Share of Its Diamonds
President Mokgweetsi Masisi has warned that his country could sever ties with South African diamond giant De Beers if talks to renegotiate a sales agreement prove unfavorable for his country. The 2011 sales agreement governing the terms of marketing diamonds produced by Debswana – a 50-50 joint venture between the government and De Beers – […]
What is the Key to Easing Zambia’s Debt Burden?
Zambia’s finance minister criticised the prolonged nature of the country’s debt restructuring talks, after a Chinese call for the World Bank and other multilateral lenders to offer debt relief sparked concern about further delays. Situmbeko Musokotwane said that “time is of the essence” to finish a restructuring of about $13 billion of external debt this […]
Electric Vehicle Manufacturers Set their Eyes on Nairobi’s Mass Transport Sector
BasiGo, a mobility startup racing to electrify the city’s buses and Swedish-Kenyan electric vehicle manufacturer Roam are rolling out fleets of buses this year that could mark the start of a new chapter for the city’s famous matatu culture. BasiGo started by importing two 25-seat buses from Chinese electric vehicle giant BYD and began a […]
Africa Will Be Responsible for the Second Largest Growth in Gas Supply by Volume
The continent’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum (GECF), from 6% in 2021. Production is projected to increase from 260 billion cubic meters in 2021, to 585 billion cubic meters in 2050, on the back […]
Motorbike Taxis Behind Benin’s Green Revolution
Polluted air is the second biggest killer in Africa; for moto-taxi drivers the risk from exhaust fumes is high. New bikes could be part of the solution – if they can be made affordable. Indian manufacturer M Auto introduced its electric bikes in Benin in July 2022 and there are already 2,000 on the roads; […]
Pope’s Visit Renewed Focus on the Growing Role of African Catholics
Africa is home to nearly 20% of the world’s Catholics — 236 million of the 1.36 billion Catholics worldwide. And the church is growing faster here than it is anywhere else in the world. Recent statistics show that it grew 2.1% between 2019 and 2020, compared to just 0.3% in Europe. The decline in young […]
