Cape Town, South Africa — Secure digital payment and identification systems could be the key to unlocking Africa’s next wave of entrepreneurs and traders, according to new survey findings released by Co-Develop ahead of the Global DPI Summit 2025. The survey, conducted online by Ipsos across six African markets — Ethiopia, Kenya, Nigeria, South Africa,…
Morocco Declares ‘Unity Day’ Holiday to Mark UN Support for Western Sahara Autonomy Morocco declared 31 October a national holiday, known as Unity Day, to commemorate the UN Security Council’s approval of a resolution supporting its autonomy plan for the disputed Western Sahara region. The holiday celebrated Morocco’s “national unity and territorial integrity,” following…
In reaction to the publication of the Integrated Food Security Phase Classification (IPC) reports on Sudan and South Sudan, Fati N’Zi-Hassane, Oxfam in Africa Regional Director said: “The confirmation of famine in Sudan by the IPC Famine Review Committee, alongside the latest IPC report on South Sudan, paints a deeply alarming picture for the region….
Africa stands at a pivotal juncture, urged to decarbonise for the planet’s sake even as it struggles to power its own growth. With 600 million people still lacking access to electricity, and coal providing cheap, reliable energy, the continent faces a significant paradox: the green transition is critical to global climate goals, but for Africa,…
As the Second World Summit for Social Development continued in Doha on Wednesday, governments warned that global progress risks stalling unless social protection, equality and peace are prioritised – and backed with political and financial commitment. Delegates from all regions reaffirmed that social justice and peace are inseparable, calling for stronger safety nets, poverty reduction…
Civil society networks and private sector leaders crossed paths in the buzzing corridors of the Qatar National Convention Centre, a reminder that social development is not just debated in meetings rooms – it touches jobs, families and futures. With nearly 14,000 attendees registered for the Second World Summit for Social Development, currently underway in Doha,…
Romeo Kumalo, the former Vodacom Group executive and co-founder of LLH Capital Ltd., plans to raise a $200 million private equity fund to invest in artificial intelligence-focused companies across Africa. The move follows LLH Capital’s profitable exit from Optasia, the fintech and AI platform that debuted on the Johannesburg Stock Exchange this week with a…
Dubai-based fintech group Optasia officially listed on the Johannesburg Stock Exchange (JSE) on Tuesday, November 4, after a R6.5 billion ($345 million) initial public offering priced at R19 per share, the top of its range. The offering was several times oversubscribed, resulting in Optasia having a market capitalization of R23.5 billion ($1.4 billion). The stock…
·FRC integrates Islamic finance services within Nigeria’s financial reporting framework Dike Onwuamaeze and Kayode Tokede Vice President Kashim Shettima and other economic sstakeholders, yesterday called on African nations to deepen the adoption of Islamic finance as a tool for inclusive and sustainable economic transformation across the continent. Keep up with the latest headlines on WhatsApp…
Doha, Qatar — During the Second World Summit for Social Development in Doha, Spotlight Initiative and the Qatar Fund for Development (QFFD) hosted the side event ‘Invest in adequate social protection for women and girls to drive meaningful change across all Sustainable Development Goals (SDGs)’. This session underscored the urgent need to strengthen universal, inclusive…
