The South African crypto-currency exchange industry has matured significantly over the past few years. (Image source: 123RF) As crypto-currency adoption continues to grow in South Africa, investors are increasingly comparing exchanges on more than just the number of listed coins or mobile app features. This, as trading fees, often overlooked by new investors, can have…
African stock exchanges have crossed $2 trillion in combined market value, up from $1.6 trillion in 2024, according to the African Securities Exchanges Association. The gain comes after a decade of steady expansion across the continent’s capital markets, from Lagos to Abidjan to Cairo. Nigeria leads the pack. The NGX All-Share Index rose 283% since…
The launching ceremony of the 2026 China-Africa Year of People-to-People Exchanges was held on January 8 at the African Union (AU) headquarters in Addis Ababa, the capital of Ethiopia. Wang Yi, a member of the Political Bureau of the Communist Party of China Central Committee and Chinese foreign minister, read out a congratulatory letter from…
Addis Ababa — The African Union and China have launched the 2026 China-Africa Year of People-to-People Exchanges today at the AU Headquarters, marking a historic milestone in the 70-year diplomatic journey between the two sides. High-level dignitaries gathered at the Multi-purpose Hall to launch the program, which seeks to transcend traditional relations by fostering deeper…
A group representing the world’s biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity, a letter seen by Reuters shows. Tokenised equities are blockchain-based tokens created to represent shares in companies. The tokens represent…
South Africa’s oldest internet exchange point operator, INX-ZA, has announced a plan to upgrade its infrastructure using high-performance routers from Nokia that offer throughput of up to 400Gbit/s each. INX-ZA, which forms part of the Internet Service Providers’ Association – an industry body that represents most of South Africa’s ISP community – will deploy 400GE…
