Africa Moves to Capture Trillions in Carbon Finance, Trains Diplomats for Global Climate Market Negotiations

Africa Moves to Capture Trillions in Carbon Finance, Trains Diplomats for Global Climate Market Negotiations

The African Union (AU) and the African Capacity Building Foundation (ACBF) have begun preparing African diplomats for what could become one of the continent’s biggest climate financing opportunities, training more than 80 ambassadors, senior diplomats and policy experts to negotiate a stronger African position in the rapidly expanding global carbon market. The high-level training, held…

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Africa Moves to Capture Trillions in Carbon Finance, Trains Diplomats for Global Climate Market Negotiations

Africa: Daba Finance Weekly Market Digest – Brvm Rally Continues, Ecobank Soars +27.03 Percent

Daba Finance Weekly Market Digest: June 29 – July 05 African financial markets concluded the week of June 29 to July 05 with a notably constructive tone, highlighted by continued rallies and significant growth across several exchanges. The BRVM Composite Index specifically recorded an impressive gain of +2.2%, nearing the 460-point mark and demonstrating sustained…

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Global fintech Capital.com enters SA market

Global fintech Capital.com enters SA market

Travis Robson, CEO, Capital.com South Africa. Global fintech group and trading platform Capital.com has entered the South African market after securing regulatory approval from the Financial Sector Conduct Authority (FSCA). The group is an authorised over-the-counter derivatives provider and category one financial services provider. Capital.com South Africa may provide financial and intermediary (non-advice) services for…

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The real prize is a competitive electricity market

The real prize is a competitive electricity market

Sandton, the economic hub of Johannesburg – and South Africa South Africa cannot afford for Johannesburg to fail, and the city’s electricity supply is now genuinely at risk. The R5.3-billion debt that the city owes to Eskom is not being resolved in a sustainable way, and the consequences became more concrete last week. Eskom granted…

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SA’s LedgerAI takes on global compliance market with Android rollout

SA’s LedgerAI takes on global compliance market with Android rollout

LedgerAI, an AI governance platform. (Image supplied) South African AI governance platform LedgerAI is expanding its reach to Android and Huawei mobile devices. Founded by Vuyo Nkadimeng and Zanele Simelane, the platform enables companies to assess AI governance risks, track compliance obligations and generate evidence-based documentation for audits and regulatory reviews. Head developer Nkadimeng said the…

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ChatGPT market share drops below 50% for first time

ChatGPT market share drops below 50% for first time

More than three and a half years after the public launch of ChatGPT, the generative AI industry is entering a mature, hyper-competitive era. While OpenAI’s chatbot remains the global incumbent, its market share has officially slipped below the 50% threshold for the first time. According to analytics firm Sensor Tower’s State of AI Report for…

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