Africa: Xtransfer Targets Africa to Fix Costly Cross-Border Payments for SMEs

Africa: Xtransfer Targets Africa to Fix Costly Cross-Border Payments for SMEs

China-based fintech platform XTransfer is accelerating its expansion into Africa after recording more than 300 per cent growth in the region last year, as small and medium-sized enterprises (SMEs) increasingly seek faster and cheaper ways to handle cross-border trade payments, according to a senior leader at the firm. With trade between Africa and global manufacturing…

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Billions flow into renewables as South Africa races to fix its grid

Billions flow into renewables as South Africa races to fix its grid

Sola Group’s Springbok solar farm South Africa’s renewable energy sector is poised for a busy year, with multiple projects set to reach commercialisation or break ground as market confidence remains generally upbeat. According to industry body the South African Photovoltaic Industry Association, the country’s renewable energy sector is heading in the right direction. “The policy…

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Board changes not enough to fix MultiChoice

Board changes not enough to fix MultiChoice

David Mignot, CEO of Canal+ Africa and MultiChoice Group. Board changes at MultiChoice, as it and Canal+ start implementing a new structure, will only be a lifeline if they deliver tangible returns. So say analysts after the companies yesterday said final approvals were granted for Canal+’s takeover of MultiChoice Group (MCG), which analysts see as…

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PayShap success won’t automatically fix SA’s cross-border payments gap

PayShap success won’t automatically fix SA’s cross-border payments gap

Emanuela Saccarola. Image: LinkedIn The successful modernisation of a country’s domestic payments infrastructure onto faster, instant payment rails like South Africa’s PayShap does not always translate into similar success in the cross-border payments space – and regulation is often a bottleneck. Speaking to TechCentral in an interview on Wednesday, Emanuela Saccarola, head of global cross-border…

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Africa: Xtransfer Targets Africa to Fix Costly Cross-Border Payments for SMEs

Africa Urged to Fix ‘Democracy Deficit’ to Deliver Economic Justice

POLICYMAKERS, academics, and civil society leaders have issued an urgent call for African governments to pursue deep democratic reforms to ensure economic justice and restore public trust. They argued that while democracy remains popular across the continent, its failure to deliver tangible economic opportunities has fuelled widespread frustration, particularly among a youth population that feels…

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Minister acknowledges SITA-related ‘drama’, seeks a fix

Minister acknowledges SITA-related ‘drama’, seeks a fix

Minister Solly Malatsi delivered the keynote address at GovTech 2025. While some may view his actions regarding the State Information Technology Agency (SITA) as an indication of lost hope, communications minister Solly Malatsi believes the entity’s inefficiencies can be fixed. SITA is one of 11 entities under the Department of Communications and Digital Technologies (DCDT)…

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