Standard Bank’s Nthabiseng Mohale Banks should consider lowering the fees they charge for PayShap transactions to drive higher rates of financial inclusion and increase adoption of the rapid payments platform in South Africa. This is according to Nthabiseng Mohale, head of interbank and domestic payments at Standard Bank Group, who spoke to TechCentral at the…
Africa is uniquely positioned to become a central player in the global critical mineral value chain as worldwide demand is expected to more than double by 2040, according to the latest Boston Consulting Group’s (BCG) report, which reveals Africa’s unique opportunity to transform from raw material supplier to strategic industrial partner. The report, which is…
Former Liberian President Ellen Johnson Sirleaf, Africa’s first democratically elected female head of state, has received the “Honorary Leadership Award” from the Young Political Leadership School Africa (YPLS Africa) in recognition of her decades of service to democracy, peace and women’s empowerment. The award was presented Wednesday at her Monrovia residence by Alphia F. Kemokai,…
Watch: Officer describes police response to mass stabbing in Canada An 18-year-old woman has died and seven other people have been injured in a mass stabbing at a remote indigenous community in Canada, police say. The suspect also died in Thursday’s attack at a First Nations community in the province of Manitoba, according to the…
Instant payment systems promote transactions for everybody, without the confines of traditional bank accounts. Interoperability between mobile money and traditional bank accounts will serve as a key lever for financial inclusion for the millions of Africans excluded from payment systems. This can be further enhanced by regulatory harmonisation efforts at a regional level. These were…
ADDIS ABABA -The African Union and Ethiopian Airlines (Ethiopian) have reaffirmed their commitment to strengthening their partnership in order to enhance Africa’s connectivity and integration while advancing the Union’s broader vision under Agenda 2063. The Chairperson of the African Union Commission Mahmoud Ali Youssouf and the Chief Executive Officer of Ethiopian Airlines Group Mesfin Tasew…
The term “green investment” describes the allocation of resources to businesses, initiatives, or technological advancements that benefit the environment. This form of investment is intended to enhance sustainability, lower carbon emissions, and aid in the transition to a low-carbon economy Renewable energy sources like solar, wind, hydropower, and geothermal energy projects are typically included in…
The deadly U.S. military strike in the Caribbean this week on a boat allegedly carrying drugs from Venezuela is the latest measure President Trump has taken to combat the threat he sees from the Tren de Aragua gang. The White House has offered few details on Tuesday’s attack and insists the 11 people aboard were…
A Telkom communications tower in Pretoria MTN Group is considering renewing talks, previously abandoned, to acquire rival Telkom, Bloomberg News reported on Thursday, citing unnamed sources familiar with the situation. “The two companies could begin negotiations before the end of the year, though there’s no guarantee that these talks would lead to a deal,” the…
Africa’s economy is predominantly tied with agriculture. Even though it is widely practiced as a mainstay of the peoples’ livelihood across the continent, Africa still languishes under food insecurity, mainly due to lack of advancement in modern agricultural technology that can help increase productivity and mitigate risks. “Given the level of endowment with natural resources…
