AI-powered lender Optasia targets SA’s underbanked

AI-powered lender Optasia targets SA’s underbanked

South Africa is still a cash-based economy, says Optasia. (Image source: iStock) Artificial intelligence (AI)-powered fintech company Optasia is stepping up its push into South Africa, betting that AI-driven credit scoring can unlock financial services for millions of people who remain underserved by the country’s formal banking sector. Speaking to ITWeb in an interview yesterday,…

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Trump: ‘I’m running for a fourth term as President of the United States’ | Donald Trump

Trump: ‘I’m running for a fourth term as President of the United States’ | Donald Trump

NewsFeed During the White House Correspondents’ Association dinner, US President Donald Trump joked about running for a fourth term, despite the Constitution barring it. The event, which celebrates press freedom and honours journalism, came three months after the first was cancelled by a shooting. Published On 25 Jul 202625 Jul 2026 Click here to share…

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London lands Africa’s hottest fintech IPO

London lands Africa’s hottest fintech IPO

Thomas Mukoya/Reuters Airtel Africa announced on Thursday it had picked the London Stock Exchange for the listing of its mobile money business due later this year. “We believe a London listing will provide access to a broad international investor base and support our ambition to unlock the long-term value of one of Africa’s leading fintech…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: Dangote Refinery Raises $2.5 Billion in Africa’s Largest Private Equity Placement

Dangote Petroleum Refinery has raised about $2.5 billion through a private equity placement that was oversubscribed by 3.7 times, with the proceeds to fund expansion and strengthen its capital structure. Dangote Petroleum Refinery and Petrochemicals has raised approximately $2.5 billion in fresh equity after successfully concluding a private placement that was 3.7 times oversubscribed, the…

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AI breaks through to the other side

AI breaks through to the other side

Rogue AI cases will become more frequent and dangerous. (Graphic: Nicola Mawson | GenAI & Magnific) Artificial intelligence (AI) is mimicking dubious human behaviour – even if unintentionally – by escaping test environments to hack companies or blackmail people as the models seek to complete set tasks in any way possible. This unintentional rogue behaviour…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: South Africa, Germany Deepen Strategic Partnership

South Africa and Germany have reaffirmed their commitment to strengthening their Strategic Partnership, with discussions focusing on expanding economic cooperation, accelerating the Just Energy Transition and addressing pressing global challenges, including conflicts in the Democratic Republic of the Congo (DRC), Ukraine and the Middle East. Minister of International Relations and Cooperation Ronald Lamola hosted Germany’s…

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