More than 20 years after an unsuccessful attempt to record a commercial oil discovery within the Nigeria-Sao Tome & Principe Joint Development Zone (JDZ), the two countries are calling for willing investors, particularly independent producers in Nigeria, to go into aggressive search for hydrocarbon in the ultra-deep frontier basin. The Nigeria-Sao Tome & Principe Joint…
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…
African Export Import Bank (Afreximbank), has called for urgent and coordinated multi stakeholder action to transform Africa’s cotton sector from a raw commodity export base into a competitive textile and garment industry. President and Chairman of the Board of Directors of the Bank, Dr George Elombi, made the call while addressing delegates at the recently…
Yubico (NASDAQ STOCKHOLM: YUBICO), the creator of the most secure passkeys and a leading provider of hardware authentication security keys, today announced the appointment of Poupak Enbom as Chief Marketing Officer (CMO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330278027/en/ Enbom joins Yubico at a pivotal moment as organizations worldwide accelerate the…
Access Bank Plc and King’s Trust International have formalised a strategic partnership aimed at expanding opportunities, entrepreneurship and sustainable livelihoods for young people across Africa. The agreement was signed in London by the managing director/chief executive officer of Access Bank, Roosevelt Ogbonna, and the chief executive officer of King’s Trust International, Will Straw. The bank…
There are both risks and opportunities presented by the rise of finfluencers. (Image source: 123RF) The rapid rise of financial influencers, or “finfluencers”, across South Africa’s social media platforms is a double-edged sword – representing both unprecedented opportunities for financial inclusion and significant risks related to misinformation. This was the sentiment shared by regulators and…
Taipei, Taiwan – As thousands of Chinese government officials gathered in Beijing for China’s annual legislative meetings known as the “two sessions” this month, at least a dozen active and retired military officers were absent from the proceedings. Among the absentees was General Zhang Youxia, who has been under investigation since late January for “suspected…
Four newly inducted AdNotes Ambassadors pose beside the brand kiosk gifted to them at the AdNotes Ambassador launch – a first step towards creating paid community roles and tackling youth unemployment. AdNotes, an award-winning internet service provider (ISP) and leading WISP (wireless ISP) in South Africa, is committed to advancing community-led digital connectivity nationwide. The…
Nedbank has partnered with Crypto.com to roll out payment, settlement and liquidity solutions in Africa. Nedbank has partnered with global crypto-currency exchange Crypto.com to develop blockchain-based payment, settlement and liquidity solutions across Africa. As global trade evolves, Africa’s reliance on legacy payment rails has introduced significant challenges – including high settlement costs, currency volatility and exposure…
Anita Erasmus has been appointed as Bob CEO-designate. (Image: Supplied) Online shopping platform Bob has appointed Anita Erasmus as chief executive officer (CEO)-designate, effective 1 March. In a statement, the digital commerce company says Erasmus will serve in this capacity for a six-month transition period, working closely with co-founder and MD Andy Higgins. This, it…
