Africa Poised to Outgrow Asia for First Time Amid Youth Boom

Africa: Nala and Noah Launch Stablecoin Settlement Network for Africa and Asia

NALA has partnered with UK-based payments infrastructure provider Noah to launch a cross-border settlement network that allows merchants in Africa and Asia to receive US dollar payments and convert instantly into local currencies using stablecoins. The new network is integrated into NALA’s B2B payments platform, Rafiki, which launched in March 2024. It targets global companies…

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Flooding in South East Asia leaves 600 dead

Flooding in South East Asia leaves 600 dead

Getty Images Search and rescue operations are ongoing across Indonesia, Thailand, Malaysia and Sri Lanka, with hundreds still missing Torrential rains have triggered floods and landslides across parts of southern Asia, killing about 600 people. Monsoon rain exacerbated by tropical storms caused some of the region’s worst flooding in years, with millions affected in Indonesia,…

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