Lauren Wortmann, MD of application services at NTT Data in Middle East and Africa. NTT Data has signed a five-year contract extension with Absa to continue providing application management services for the bank’s SAP S/4HANA financial consolidation and reporting systems. The deal covers the technology landscape Absa uses for group-wide financial control. According to the…
Benchmark index plummets as much as 12.2 percent, eclipsing single-day plunge after 9/11 attacks in 2001. Listen to this article | 2 mins info Published On 4 Mar 20264 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo South Korea’s stock market has suffered one of the steepest falls in…
African Heads of State and Government on February 14, 2025, formally launched the Africa Infrastructure Financing Facility (AIFF), a coordinated, Africa-led platform designed to accelerate the preparation and facilitation of financing for priority cross-border infrastructure projects aligned with Agenda 2063. The launch took place during the Third Presidential High-Level Dialogue of the Alliance of African…
About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts…
Cell C CEO Jorges Mendes Cell C Holdings on Friday reported its financial results for the six months ended 30 November 2025, delivering its maiden results as a JSE-listed company and marking the transition to its next phase as a financially stronger business following the successful completion of its restructuring. Key highlights The results follow…
The African Financial Industry Barometer 2025 depicts a sector at a technology inflection point. (Image created using GenAI via ChatGPT) Africa’s financial sector is in the midst of a pronounced technological transformation, with digital innovation now being central to organisations’ competitive strategy. However, firms struggle to fully mature their tech adoption and face hurdles in…
ZARU’s reserves are independently audited monthly, ensuring transparency and stability for institutional participants. (Image created using GenAI via ChatGPT) A consortium of South African financial and fintech firms has introduced ZAR Universal (ZARU), an institutional-grade stable coin pegged to the South African Rand. According to a statement, ZARU aims to modernise payments and financial infrastructure,…
Ghana has been ranked as the seventh strongest financial market in Africa, recording a financial market index score of 60, according to the Absa Africa Financial Markets Index report. The country placed behind Botswana, Namibia, Nigeria, Uganda, Mauritius and South Africa, with South Africa retaining its position as the continent’s strongest financial market. The ranking…
Leonard and Emily Mcharo Kenyan entrepreneurs Leonard and Emily Mcharo spent years living far below their means. There were no holidays, no weekend road trips, and no bikes for their children. While their peers were upgrading their lifestyles, the Mcharos’ home remained devoid of luxuries. Their frugal lifestyle wasn’t born of necessity, but of intent….
The Coalition for Dialogue on Africa (CoDA) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have renewed their collaboration through the signing of a Cooperation Agreement (CoA), reaffirming their shared commitment to tackling illicit financial flows (IFFs) and strengthening asset recovery efforts across Africa. The signing ceremony took place on Tuesday, December…
