Lesaka Technologies to buy Bank Zero in R1.1-billion deal

Lesaka Technologies to buy Bank Zero in R1.1-billion deal

Lesaka Technologies has agreed to buy the digital bank chaired by former FNB CEO Michael Jordaan for R1.1-billion. Jordaan announced the acquisition in a post on social media late on Thursday evening. “So Lesaka Technologies Inc bought @BankZeroSA for R1.1-billion. Lot of regulatory approvals still needed, but both teams are excited about the merger synergies,”…

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Africa’s Trade Finance Gap Tops U.S.0b

Africa’s Trade Finance Gap Tops U.S.$420b

Abuja, Nigeria — Africa’s persistent trade finance gap–now estimated at over $420 billion–poses a critical threat to the continent’s industrial ambitions, job creation, and sustainable economic transformation. But the African Export-Import Bank (Afreximbank) is proposing a comprehensive solution to close this gap and build a more sovereign, resilient, and inclusive African financial ecosystem. The Bank’s…

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Africa’s Trade Finance Gap Tops U.S.0b

African Media Delegation Explores India’s Growth and Innovation Firsthand

India hosted over 20 journalists from 10 North and West African nations for a week-long familiarization tour, offering firsthand exposure to its development journey and deepening Africa-India cooperation. The visit organized by the Ministry of External Affairs was part of India’s broader outreach strategy to build deeper ties with Africa through diplomacy, development, and media….

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Trump administration announces  million in funding for Gaza aid group called a “death trap” by U.N.

Trump administration announces $30 million in funding for Gaza aid group called a “death trap” by U.N.

The U.S. State Department announced Thursday that the Trump administration had approved $30 million in funding for the controversial, opaquely run private food distribution organization known as the Gaza Humanitarian Foundation, which has been criticized by a United Nations agency as “a death trap” for hungry Palestinians in the war-torn enclave. It is the first…

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BET Software champions young minds with Robotics Clubs

BET Software champions young minds with Robotics Clubs

Zama Mdlalose, senior marketing co-ordinator at BET Software, supports learners during a Coding & Robotics lesson. The Robotics Clubs are guided by trained teachers ensuring that learners receive quality instruction and exposure to real-world applications of robotics and automation. The aim is to grow STEM (Science, Technology, Engineering, and Mathematics) education and interest among school…

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Africa’s Trade Finance Gap Tops U.S.0b

Southern Africa: Report Exposes Hidden Crisis in Southern Africa’s Public Health Sector

A new report released by WomenLift Health lays bare a critical but often overlooked barrier to resilient health systems in Southern Africa: a persistent leadership gap for women in the public health sector, despite decades of progressive gender equality policies. Based on a comprehensive stakeholder analysis across ten countries including Angola, Botswana, Eswatini, Lesotho, Malawi,…

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