Standard Bank Group’s Simon Just Standard Bank has come out in defence of a market-led approach to open banking in South Africa that the Reserve Bank recently criticised, while the fintech industry is calling for more regulation. In March, the Reserve Bank released a working paper (PDF) arguing that South Africa’s market-driven approach to open…
Monovia — The President Pro Tempore of the Liberian Senate, Nyonblee Karnga Lawrence, has underscored the need for members of various Senates across the African Continent to resist short term political gains and function as a stabilizing force within their various legislative architectures to benefit their respective peoples. According to her, African Senators must ensure…
Forward-Looking Statements African Export-Import Bank (Afreximbank) Group makes written and/or oral forward-looking statements, as shown in this release and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other members of the investment community. Statements regarding…
“Based on the fuel industry’s rule of thumb of a 10 to 14-day lag between wholesale cost movements and those at the pump, drivers should expect prices on forecourts to level by next weekend and then fall – providing the ceasefire holds,” said Luke Bosdet, the AA’s spokesman on pump prices.
Intel has announced a strategic partnership to help Elon Musk design and construct his ambitious Terafab in Austin, Texas. The facility is a joint venture between Musk’s various enterprises, including Tesla, SpaceX, and xAI, dedicated to manufacturing the specialized hardware required for large-scale AI projects. Read: ShopriteX debuts Pixie, an AI assistant for Sixty60 First…
Cairo, Egypt — African Export-Import Bank (Afreximbank) is proud to announce that it is supporting Dangote Group, as it seeks to expand its operations and grow its turnover to US$100 billion by 2030. The Group’s leadership presented its long-term growth strategy “Vision 2030: Supercharging Dangote Group for Long Term Success” to the Afreximbank Board of…
The UN General Assembly’s landmark resolution is likely to be stymied by a world divided on how to right past wrongs. A Ghana-led resolution declaring the trafficking of enslaved Africans and racialised chattel enslavement the ‘gravest crime against humanity’ was adopted at the United Nations (UN) General Assembly on 25 March. Most countries (122) voted…
The war on inflation could be in for a major setback due to the Iran war. The Consumer Price Index this week is expected to show March prices rose at a 3.3% annual pace, the average of six separate forecasts reviewed by CBS News. That would mark the highest inflation rate since May 2024 and…
AI cannot succeed in isolation; it must be part of a broader, well-considered transformation journey, says Centrax Digital. (Image supplied) AI is unique in how quietly it enters an organisation – it isn’t introduced as a new solution or new piece of software; rather it features on existing tools and frequently influences outcomes without being…
The African Union Commission (AUC), in partnership with the Government of Côte d’Ivoire and UNESCO’s Global Education Monitoring (GEM) Report, today launched the country Spotlight report on foundational learning. The event also marked the release of the French version of the 2025 continental Spotlight report on basic education completion and foundational learning in Africa “Lead…
