WASHINGTON, April 28, 2026–The World Bank’s Board of Executive Directors approved $250 million in financing for the Kinshasa Urban Transformation and Jobs Program — known as Kin la Belle — to improve solid waste management services and create inclusive employment opportunities in Kinshasa. The program is a cornerstone of the World Bank Group’s comprehensive support…
Local elections have been held in the occupied West Bank and in one Gazan city, though Hamas and other groups are not taking part.
Mall expansion replaces Pick n Pay kiosks as GoTyme scales hybrid banking. Digital bank GoTyme, formerly TymeBank, is ramping up its expansion into shopping centres, as it accelerates its hybrid ‘phygital’ model built around setting up mall-based customer hubs. The move forms part of a strategic shift in how the ‘neo bank’ engages customers, positioning…
A stark warning from the World Bank has laid bare a growing crisis across Africa: economies are simply not expanding fast enough to create jobs for millions of young people entering the workforce each year. Speaking at the Spring Meetings held alongside the International Monetary Fund, World Bank Vice President Ndiamé Diop said the continent…
Standard Bank has provided an update on its data breach. Hackers have publicly released data stolen from Standard Bank, escalating what appears to be a serious cyber security breach and raising urgent concerns over customer privacy and the bank’s digital defences. The big-four bank this week provided an update on the data breach that it…
Standard Bank has acknowledged that client data stolen in a cyber incident first disclosed on 23 March 2026 “now appears to have been published” online, marking a significant escalation in what appears to be one of South Africa’s most serious financial services data breaches. The data involved includes client names, ID and company registration numbers,…
H.E. Ambassador Selma Malika Haddadi, Deputy Chairperson of the African Union Commission, is leading the African Union delegation to the 2026 World Bank Group Spring Meetings in Washington, D.C., where she is undertaking a series of high-level engagements to advance Africa’s development priorities and reinforce the strategic partnership between the African Union and the World…
The National Consumer Commission (NCC) has issued a recall for ESR HaloLock wireless power banks sold in South Africa, citing a potential fire risk linked to overheating lithium-ion batteries. Image source: Freepik | The power bank shown is not a product of ESR HaloLock Wireless Power Banks The recall, initiated by supplier Waymeet Limited, applies…
Washington — The World Bank Group has supported new Country Partnership Frameworks (CPF) with Burkina Faso, Chad, Mali, and Niger for the 2026-2031 period. These frameworks aim to stimulate job creation, especially for youth and women, by strengthening human capital, infrastructure, and agricultural productivity, while supporting targeted reforms and private sector development. Grounded in the…
Standard Bank has suffered a data breach. Standard Bank, Africa’s biggest bank by assets, has informed its business clients of a data breach that exposed their personal information. “We are writing to inform you of a recent incident that involved unauthorised access to certain data within the Standard Bank of South Africa’s environment,” says the…
