PayInc CEO Stephen Linnell The Competition Commission in August recommended to the Competition Tribunal that the South African Reserve Bank’s proposed acquisition of a 50% stake in payments clearing house PayInc – previously BankServAfrica – be approved without conditions attached. The move radically changes the ownership structure of PayInc, the developer and manager of rapid…
Addis Ababa — The Africa Centers for Disease Control and Prevention (Africa CDC) has warned that cholera remains the leading public health concern in Africa in terms of the number of cases and fatalities. Some 23 cholera-affected African countries have reported a total of 239,754 cases and over 5,274 associated deaths since the beginning of…
My name is Adja Boudy Kanté. I am 32 years old, a mother, and a proud young entrepreneur from Senegal. I grew up in Guediawaye, just outside Dakar, and I have dedicated my life to creating nutritious, healthy products from local cereals, products that heal, empower, and redefine the future of African food. I am…
Africa’s aviation sector holds immense potential to connect economies, boost trade, and create millions of jobs — yet it’s being choked by exorbitant taxes and charges that are sometimes unpredictable. Industry leaders warn that up to 70 per cent of airfare on the continent goes to taxes and levies, making flying unaffordable for most Africans…
Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), received high praise and formal recognition on Thursday, September 4, 2025, at the opening of the fourth Intra-African Trade Fair (IATF 2025) in Algiers, Algeria, for his transformative leadership in advancing Africa’s economic growth and integration. The accolade…
The African Union has warned the continent loses billions in illicit financial flows each year. Analysts say stopping tax evasion and corruption is just the first step to keeping African wealth in the continent. An estimated US$88 billion (€76 billion) leaves Africa annually through tax evasion, money laundering, and corruption, the African Union (AU) says. In 2015, that figure was…
President Museveni has commissioned the De Heus Fish Feed Factory in Njeru, Buikwe District, marking a major milestone for Uganda’s aquaculture sector and broader agricultural transformation. The $25 million investment by De Heus Uganda — a subsidiary of Royal De Heus of the Netherlands — is the largest fish feed factory in East Africa, with…
Iyke Bede reports that Nigeria’s gaming landscape is becoming increasingly competitive and rewarding, with a number of standout players who have built loyal followings through skill and consistency. One of them is Ayere-Victor Ehinome, popularly known as Manja Lee, who has amassed more than 500,000 followers on Instagram and TikTok combined. Like many professionals, he…
Instant payment systems promote transactions for everybody, without the confines of traditional bank accounts. Interoperability between mobile money and traditional bank accounts will serve as a key lever for financial inclusion for the millions of Africans excluded from payment systems. This can be further enhanced by regulatory harmonisation efforts at a regional level. These were…
The term “green investment” describes the allocation of resources to businesses, initiatives, or technological advancements that benefit the environment. This form of investment is intended to enhance sustainability, lower carbon emissions, and aid in the transition to a low-carbon economy Renewable energy sources like solar, wind, hydropower, and geothermal energy projects are typically included in…
