Industries in Africa face increased cyber threats than global peers—Kaspersky
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Across Africa, malicious scripts, phishing pages, Trojans, spyware, and miners are increasing in number and frequency. The continent had the highest...
South Africa’s Oil Demand Threatens to Outstrip Supply
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Expected review of new, higher fuel price increases for October, is set to put further pressure on South Africa’s economy.
Higher fuel...
Air Seychelles to add flights to Tel Aviv due to passenger demand increase for...
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The normal twice-weekly commercial flights will increase to five per week. (Air Seychelles)
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Air Seychelles will be operating 20 flights on the...
Sendwave pay will charm to help with diaspora remittances
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Under the new offering Sendwave Pay, customers will get access to up to 0.4 per cent improvement in exchange rates.
Users will...
Sendwave charms diaspora with improved forex rates, lower costs
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Under the new offering Sendwave Pay, customers will get access to up to 0.4 percent improvement in exchange rates.
Users will also...
More Butterflies, Fewer Billionaires: Unrigging the Global Economy
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In a fit of madness or just plain desperation, you’ve enrolled in a get-rich-quick scheme. All you have to do is...
Safaricom-Apple partnership is on the horizon
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The Safaricom-Apple partnership will integrate the widely-used mobile money platform, M-Pesa, with Apple’s ecosystem.
M-Pesa, the pioneer mobile money functionality, has proven...
Seychelles Fishing Authority to carry out lobster survey in October
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SFA is holding a survey this year to better understand the stock of the species and review the management measures. (Seychelles...
Elon Musk’s Starlink is off to a bright start in Africa
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Starlink, SpaceX’s satellite internet service, has shown strong performance in Nigeria and Rwanda during the second quarter of 2023.
In Nigeria, Starlink...
Annual cost for reaching the SDGs? More than $5 trillion: UNCTAD
According to the UN Conference on Trade and Development (UNCTAD), this represents between $1,179 and $1,383 per person, per year.
The study factors in 50...
How cash scarcity transformed Zimbabwe’s digital payments system
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Zimbabwe's economic history has been turbulent with hyperinflation, currency devaluation, and a shortage of the Zimbabwean dollar. To cope with these...
Afreximbank, Nigeria move to establish Smart Mega City
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Afreximbank and Nigeria’s Anambra State have partnered to advance the state’s “Smart Mega City” vision and foster economic growth in Africa....
It’s time for Africa to power up
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Africa possesses huge renewable energy potential, including 60% of the world’s best solar resources.
There is 1,300GW of wind energy potential in...
More drugs smuggled into Liberia
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Confiscated drugs The Liberia Revenue Authority (LRA) says it has arrested...
U.S. Claims to Central Pacific Flout International Law
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In defiance of international norms and rules, U.S. officials are laying claim to the large oceanic area in the central Pacific...
Seychelles’ Fitch credit rating remains at ‘BB-‘ with stable outlook
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The tourist receipts are already above, indicating a higher 'yield' per tourist. (Joe Laurence)
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Relatively high-income levels, strong World Bank governance...
AfDB-ECOWAS end joint consultation meeting
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The ECOWAS Commission and the African Development Bank (AfDB) successfully concluded a series of joint consultation meetings from Tuesday,...
Africa’s aviation industry growth projections
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The Africa’s air traffic growth is projected to surpass the global average, reaching 7.4 per cent, with flights already exceeding pre-pandemic...
global fuel prices are on the rise
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Global fuel prices have risen exponentially in the last few months.
Global fuel markets began to tighten in June after the OPEC+...
Is Nigeria’s forex policy affecting the economy?
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About US$5 trillion is traded every day in forex markets, with investors effectively swapping currencies the world over.
In Nigeria, the Central...
Aviation industry earmarked for an economic rebound
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The African air traffic growth is projected to surpass the global average, reaching 7.4%, with flights already exceeding pre-pandemic levels.
Airbus anticipates...
AfDB, South Korea forge ties with $28.6M financing deal
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AfDB and South Korea have signed two agreements worth $28.6 million.
The funding will boost growth in Africa. It complements the $600M...
FSD Africa @AFSIC 2023 – Liberia news The New Dawn Liberia, premier resource for...
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LONDON, United Kingdom, 6 September 2022, /African Media Agency/- This year FSD Africa joins AFSIC 2023 in celebrating their 10-year anniversary with...
Are Gold-backed digital tokens a threat to financial inclusion in Zimbabwe?
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RBZ Governor John Mangudya revealed that as of July 21st, the bank had conducted 11 issuances of GBDT.
The Governor noted...
