Fintech industry association adds more members

Fintech industry association adds more members

The founding members of the Association of South African Payment Providers. The Association of South African Payment Providers (ASAPP) has expanded its membership from eight to 15 companies. Launched by SA’s fintech industry players, ASAPP aims to help ensure fair access to payment infrastructure, reduce the wholesale cost of digital payments, and enhance transparency and…

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Canal+ shares crash on weak MultiChoice outlook

Canal+ shares crash on weak MultiChoice outlook

Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, resulted in its shares cratering 23.5% in their worst one-day performance since listing in London 15 months ago. Canal+ acquired MultiChoice in 2025 in a move designed to further its ambition to become…

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Africa: China in Africa – Investment and Trade Work Well When There’s Strong Oversight, and Badly When There Isn’t

Africa: China in Africa – Investment and Trade Work Well When There’s Strong Oversight, and Badly When There Isn’t

China’s economic footprint in Africa has grown fast over the last two decades. Across the continent, Chinese-backed mines, oilfields, railways and industrial zones have gone from being ambitious projects to central pillars of national development plans. This has been made possible by over US$181 billion in infrastructure loans and about US$50 billion in foreign direct…

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