VALR CEO Farzam Ehsani Barring South African companies from moving crypto assets across the country’s borders will likely drive those transactions underground or offshore and reduce the very oversight national treasury and the South African Reserve Bank are trying to achieve, according to VALR CEO Farzam Ehsani. Ehsani was responding to the draft Crypto Asset…
Many cross-border transactions still rely on the US dollar as an intermediary currency. At the same time, African currencies are often difficult to exchange directly, and few mechanisms exist for countries to settle payments with one another in local currencies. Cross-border payments in Africa remain among the most expensive in the world, despite the rapid…
Cross-border payments underpin the flow of value across the global economy. (Image: Lumepay) Lumepay has officially brought its cross-border payment solutions to market, purpose-built for African SMEs, corporates and financial institutions doing business and transacting globally. It arrives with a clear goal: to deliver end-to-end cross-border payment solutions powered by stable infrastructure, dependable rails and…
European organisations entered 2026 carrying the weight of competing priorities. They were expected to innovate faster while modernising legacy systems, scale AI initiatives while maintaining governance and compliance, improve resilience while reducing operational costs, and deliver seamless customer experiences against a backdrop of constant technological and economic change. For many businesses, the pressure is coming…
Kampala, Republic of Uganda – WE, the Ministers of Health of the Democratic Republic of the Congo (DRC), the Republic of Uganda, and the Republic of South Sudan, together with Heads of Delegations, representatives of the Africa Centres for Disease Control and Prevention (Africa CDC), the World Health Organization (WHO), UNICEF, and development and technical…
Africa’s financial future will depend on stronger cross-border cooperation, regulatory alignment and sustained investment in digital infrastructure, the First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, has said. According to him, fragmented payment systems, inconsistent regulatory frameworks and limited interoperability among African financial systems continued to hinder efforts to build an integrated…
Brazzaville — As health threats continue to spread across borders, countries are strengthening how they work together to prevent and respond to outbreaks. Permanent Secretaries from 13 countries are meeting in Brazzaville, Republic of Congo, from 4 to 5 May 2026 for a high-level consultation on cross-border collaboration for health security. The meeting focuses on…
The Tsamiya-Kamba corridor will revive regional commerce, but jihadist expansion could quickly unravel the gains. The 9 February official reopening of the Tsamiya-Kamba corridor between Nigeria, Niger and Benin could offer a much-needed boost to trade, supply chains and cross-border livelihoods after seven years of border closures and diplomatic tensions. But unless the three states…
Nairobi — Cybercrime networks are scaling rapidly across Africa, reusing infrastructure, digital platforms and cross-border tactics to outpace fragmented enforcement systems. Increasingly, these groups operate like coordinated enterprises, exploiting gaps between jurisdictions to expand fraud operations far beyond national borders. A recent crackdown under Operation Red Card 2.0 shows how that trend is being challenged….
Convera, a global leader in commercial payments, today announced a new strategic collaboration with Ripple, a leading provider of blockchain-based enterprise solutions across traditional and digital finance, to offer crypto-enabled payment and treasury solutions for businesses. “With the growing presence and use of digital currencies such as crypto and stablecoins, Convera has maintained a thoughtful…
