Africa: From Capital to Prosperity – Can Africa build the financial engine for its industrialisation?

Africa: From Capital to Prosperity – Can Africa build the financial engine for its industrialisation?

Executive Summary Africa’s industrialisation challenge is not primarily a shortage of ideas, policy intent, or entrepreneurial energy, but a constraint in financial architecture and capital deployment. The continent’s ability to build factories, infrastructure, and value-added industries is limited by the cost, structure, and accessibility of long-term finance. Until capital markets are deepened and better aligned…

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Rand goes on-chain as ZARU hits Luno Global

Rand goes on-chain as ZARU hits Luno Global

Tether remains the dominant stablecoin in South Africa. (Image created by GenAI) Authorised financial services provider BlockTower’s rand-backed stablecoin ZARU has been listed on Luno Global, in what it says is the first institutional-grade rand stablecoin on a regulated crypto exchange. The listing gives the rand an on-chain secondary market on Luno’s exchange. ZARU, which…

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Iraq’s Kurdish region wants to stay out of regional conflicts: PM Barzani | US-Israel war on Iran News

Iraq’s Kurdish region wants to stay out of regional conflicts: PM Barzani | US-Israel war on Iran News

In an interview with Al Jazeera, Masrour Barzani denies any ‘pressure’ to enter the Iran war despite over 1,000 attacks. Published On 8 Aug 20268 Aug 2026 Masrour Barzani, the prime minister of the Kurdistan Regional Government (KRG) in northern Iraq, says the semi-autonomous Kurdish region does not want to become involved in the ongoing…

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Outgoing Nedbank COO delivers digital parting shot

Outgoing Nedbank COO delivers digital parting shot

Outgoing Nedbank COO Mfundo Nkuhlu. Outgoing Nedbank chief operating officer (COO) Mfundo Nkuhlu says the bank’s years-long investment in modernising its technology infrastructure has positioned it to embrace artificial intelligence (AI), as digital capabilities become central to the future of banking. Speaking to ITWeb following the announcement of his retirement after more than two decades…

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