Nairobi — The African Union (AU) will push for reforms to the global financial system, improved debt resolution mechanisms and stronger financial independence for the continent during the 2026 International Monetary Fund (IMF)-World Bank Annual Meetings in Bangkok, Thailand. The meetings, scheduled for October 12-18, will provide a platform for the AU to advance Africa’s…
The Draft Kings website arranged on a laptop in New Hyde Park, New York, US, on Wednesday, Sept. 17, 2025. Gabby Jones | Bloomberg | Getty Images Wagering on sports outcomes has exploded in the 2020s, but recent surveys show just how widespread gambling has become for Generation Z. A survey of retail investors released…
Boomi Appoints Mike Hickman as Chief Financial Officer Boomi, the data activation company for AI, today announced the appointment of Mike Hickman as Chief Financial Officer. Hickman will lead Boomi’s global finance and accounting organization, spanning financial planning and analysis, accounting, treasury, tax, and financial reporting. He reports to Boomi Chairman and Chief Executive Officer…
Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in companies across West Africa. He spoke to How we made it in Africa editor-in-chief Jaco Maritz about his journey as an entrepreneur and investor. Topics discussed during the interview include: The…
Investors shrug off AI safety concerns and Iran war, sending market to a new peak. Published On 23 Sep 202623 Sep 2026 Wall Street’s Nasdaq stock exchange has hit an all-time high, shrugging off concerns about AI safety risks, sky-high tech valuations and the energy shock caused by the United States’ war on Iran. The…
Since 2023, 14 African countries have introduced export restrictions on unprocessed critical minerals, requiring “local beneficiation” – or in-country processing and manufacturing – prior to export, and demanding technology and financing. Wealthier countries are also supporting the idea of local beneficiation and stepping up investments in resource-rich countries, promising this will help to lift them…
Shana Maré, Territory Manager at Hitachi Vantara. Trusted, quality data and resilient data infrastructure are the foundations of financial services innovation in the AI era. The future of banking will be defined by an institution’s ability to transform data into a strategic asset while maintaining resilience, compliance and customer trust. This is according to Shana…
Joburg says its finances are a mess, but claims billing accuracy. (Image by Nicola Mawson | Wikimedia Commons and Freepik) The City of Johannesburg’s (CoJ’s) billing system is in such disarray that former homeowners are still being billed months after selling. While the Auditor-General has issued a qualified audit, a think tank warns the city…
The US announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said was “the single greatest financial offensive ever”. Labelling it an “economic D-Day” for Iran, Bessent said the US would sever all economic ties with the country and added that any nation financially partnering with Iran…
The amount of money that South Africa’s financial services sector spends on technology every year is nothing short of impressive. In 2025, South African businesses invested tens of billions of rands in IT, with major organisations directing spending towards digital infrastructure, cloud computing, data capabilities and cybersecurity. In some cases, technology accounts for double-digit percentages…
