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Africa

Africa: From Capital to Prosperity – Can Africa build the financial engine for its industrialisation?

eriinfo.com2 days ago016 mins

Executive Summary Africa’s industrialisation challenge is not primarily a shortage of ideas, policy intent, or entrepreneurial energy, but a constraint in financial architecture and capital deployment. The continent’s ability to build factories, infrastructure, and value-added industries is limited by the cost, structure, and accessibility of long-term finance. Until capital markets are deepened and better aligned…

Africa

Africa: Onafriq Partners With Privy to Build Regulated Stablecoin Infrastructure for B2bs Across Africa

eriinfo.com2 weeks ago04 mins

Onafriq, Africa’s largest payments network, has partnered with leading stablecoin infrastructure provider, Privy, to strengthen its digital asset infrastructure and drive the development of stablecoin-enabled payment services for businesses across its network. The partnership will enable Onafriq to create and manage embedded digital asset solutions for its partners and, in time, institutional clients where regulation…

Vodacom taps UJ, AWS to build its AI talent pipeline

eriinfo.com2 weeks ago09 mins

Vodacom Group CEO Shameel Joosub Vodacom, the University of Johannesburg (UJ) and Amazon Web Services on Friday launched the Vodacom AI Lab, a partnership that puts postgraduate students to work on live industry problems – from cross-border fraud prevention to identity theft – using the same cloud and AI tools deployed by leading technology companies…

Africa

Africa-Focused Stabyl Raises $2.7m to Build Fx Liquidity Platform

eriinfo.com1 month ago04 mins

Stabyl raised $2.7 million in pre-seed funding to build a foreign-exchange liquidity platform for financial institutions and payment service providers in Africa. The round was led by Konga, which will also serve as Stabyl’s first real-world test case and naira settlement partner through KongaPay. The startup was founded by Prince Nnamdi Ekeh, Zachary Schwartzman and…

OpenAI and Broadcom build a chip to rival Nvidia’s Blackwell

eriinfo.com2 months ago05 mins

Broadcom CEO Hock Tan OpenAI has showed off the company’s first custom AI chip, which it designed with Broadcom, as it seeks to speed its development of its infrastructure. AI labs such as OpenAI and Anthropic are struggling to obtain enough computing horsepower to run the latest, most powerful chatbots and coding apps. Some, such…

Eskom Green to build 32GW of renewables by 2040

eriinfo.com2 months ago011 mins

Eskom board chairman Mteto Nyati speaking at the launch of Eskom Green Eskom on Tuesday launched Eskom Green, a dedicated renewable energy business that the utility says will scale solar, wind, hydro and storage to as much as 32GW by 2040, with its leadership insisting the new unit will work with private developers rather than…

Africa

Africa’s Finest – Algeria Seek to Build On Mixed History

eriinfo.com2 months ago05 mins

Algeria enter the first 48-team World Cup as Africa’s third-highest ranked side. In the seventh instalment of a nine-part series on African teams at the 2026 World Cup, RFI looks at a country making its fifth appearance on football’s biggest stage. Just as Algeria appear to establish consistency, they fall away. The North African side…

What it takes to build a logistics network from scratch in West Africa

eriinfo.com2 months ago023 mins

Bamba Lo, co-founder and CEO of PAPS Interview with Bamba LoCO-FOUNDER AND CEO, PAPS Lives in: Dakar, Senegal Bamba Lo founded logistics company PAPS after observing that while businesses in Dakar could successfully sell products, inadequate delivery infrastructure meant those goods frequently failed to reach buyers. To solve this local delivery gap, he started the…

How Fit Analytics Innovation Reclaimed its Independence to Build the Future of AI Commerce

eriinfo.com2 months ago05 mins

AI Shopping Assistant – Fit Analytics Innovation With today’s launch of the AI Shopping Assistant, Fit Analytics Innovation moves beyond the AI-hype-cycle to deliver the conversational guidance modern apparel shoppers crave. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602315868/en/ Two years ago, Fit Analytics Innovation did the unthinkable: they bought themselves back….

Africa

Africa Must Build Resilient Enterprises to Compete Globally – Alex Dadey

eriinfo.com2 months ago04 mins

The Group Executive Chairman of the KGL Group of Companies, Mr Alex Apau Dadey, has called for a more deliberate continental effort to build resilient African enterprises capable of competing globally while transforming local economies. Speaking at the 10th Ghana CEO Summit 2026, attended by President John Dramani Mahama, CEOs and policymakers, Mr Dadey stressed…