Bank Zero CEO Yatin Narsai Bank Zero broke even for the first time in August, four years and 10 months after opening to the public. In the same month it took on about half a million end customers from remittance group Mukuru, more than doubling the number of people on its platform. Chairman Michael Jordaan…
The important word is not simply “leaders” but “mass.” At 60, perhaps the most interesting way to engage Aig’s contribution is therefore not simply to count scholarships awarded, leaders trained or programmes created, but to take seriously the proposition behind them. Africa needs strong institutions, but it also needs capable men and women who can…
The Pentagon is investigating how a shipment of F-35 fighter jet parts on its way to the U.S. from overseas was diverted, and the military is now trying to retrieve the parts, a defense official confirmed to CBS News. A source briefed on the incident told CBS News a shipment was diverted to Hong Kong….
New York — African leaders and development partners have called for urgent action to turn the United Nations Pact for the Future from promises into measurable results for ordinary Africans. The call was made on Tuesday at a high-level side event co-chaired by President Netumbo Nandi-Ndaitwah to assess two years of implementation of the Pact,…
The Vivo X500 Pro Max. Chinese smartphone maker Vivo plans to bring two of the three newly-unveiled X500 series handsets to the South African market, as it looks to take a lead role in mobile imaging. As part of its fourth generation of flagship smartphones, Vivo earlier this week introduced its X500 series smartphones −…
Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in companies across West Africa. He spoke to How we made it in Africa editor-in-chief Jaco Maritz about his journey as an entrepreneur and investor. Topics discussed during the interview include: The…
Addis Ababa — Ethiopia has used the 81st United Nations General Assembly to put a broader strategic question before the international community: can a global system facing profound geopolitical, economic, technological and environmental change remain credible without giving greater weight to Africa and the Global South? For President Taye Atske Selassie, the answer is increasingly…
Tigrayan forces say they are in a ‘full-blown war’ with the army. Four years of fragile peace in northern Ethiopia has come to an end. Fighting is under way in three regions, including Tigray. This week the Tigray People’s Liberation Front (TPLF) joined forces with former rivals to create an opposition alliance. The fighters say…
Addis Ababa — Ethiopia has placed its pursuit of reliable maritime access firmly on the global diplomatic agenda, with President Taye Atske-Selassie telling the United Nations that securing access to the sea is essential to sustaining the country’s economic transformation and deepening its integration into global trade. Addressing the General Debate of the 81st Session…
In many industries, people don’t give label printing much thought. They simply print, stick and forget. One notable exception is Edward Lee, senior manager at Argox. As the project lead on the new Argox AIP range, Lee and his team have spent the past two years thinking about little else but label printing. Their thinking…
