Mobile money accounted for $2 trillion in transactions in 2025. (Image source: 123RF) In 2025, more than $2 trillion flowed through mobile money wallets, a figure that has doubled from the first trillion in just four years. The heightened transaction flows are spurred by the continued growth of active accounts, which now sit at 2.3…
Low-cost Unmanned Combat Attack System (LUCAS) drones are positioned on the tarmac at a base in the U.S. Central Command operating area. Source: U.S. CENTCOM An Arizona-based battery startup led by a former General Motors executive is moving from making products for all-electric vehicles to making products for the aerospace and defense industries amid the…
Abuja — – Over $2.6bn FDI attracted into sector in two Years The Minister of Solid Minerals Development, Dele Alake, has charged the US and African nations to prioritize the establishment of regional energy hubs as a strategic pathway to accelerate cross-border mining industrialization and strengthen the supply chain of critical minerals essential for the…
As a boom in online gambling across Africa gathers pace, governments are hiking taxes to contain addiction risks and fill depleted state coffers. In by far the biggest market, South Africa, the industry is pushing back. Once a niche activity, gambling has exploded across the continent as a result of easily available online betting accounts….
QatarEnergy CEO Saad al-Kaabi says he warned US of ‘negative consequences’ of attacking Iranian energy infrastructure. Published On 20 Mar 202620 Mar 2026 QatarEnergy CEO Saad al-Kaabi said he warned United States officials and energy executives about the impact of a potential Iranian attack on oil and gas facilities before Tehran targeted Qatar’s Ras Laffan…
The founding members of the Association of South African Payment Providers. The Association of South African Payment Providers (ASAPP) has expanded its membership from eight to 15 companies. Launched by SA’s fintech industry players, ASAPP aims to help ensure fair access to payment infrastructure, reduce the wholesale cost of digital payments, and enhance transparency and…
Graphic: Xsolla Xsolla, a leading global video game commerce company, today released the latest edition of The Xsolla Report, timed to coincide with this week’s activations and collaborations in San Francisco. This edition provides insights from working with thousands of studios to map out where the industry’s biggest opportunities are emerging. This press release features…
Nvidia’s RTX 5090 GPU A global shortage of gaming chips could last until the end of this year, an Nvidia executive has said, signalling more pain for the videogame industry that is already buckling under weak sales due to slowing consumer demand. Nvidia expects the supply constraints to hurt its gaming business in the current…
Finance minister Enoch Godongwana Finance minister Enoch Godongwana has been urged to reduce taxes on electric cars in Wednesday’s budget speech and to deliver the policy clarity the sector has waited two years for. The taxes make electric cars more expensive than petrol vehicles, while a lack of policy around new energy vehicles is slowing…
The trade, industry & competition department has announced a number of measures to help South Africa’s ailing film and television industry, including raising funds and implementing an automated system to reduce processing time and improve effectiveness for financing. Minister Parks Tau and deputy minister Zuko Godlimpi briefed parliament on Tuesday on the department’s plans. This…
