South African fintech borrowers are concentrated in below prime risk tiers. South Africa’s fintech market is projected to reach $19.5 billion (R340 billion) by 2030, signalling a major shift in how consumers engage with credit. This is according to TransUnion’s latest research into SA’s fintech lending market, which reveals insights into borrower behaviour, loyalty and…
In recent years, Africa has emerged as one of the world’s most dynamic tech frontiers. From fintech innovation to esports expansion, digital adoption is reshaping how people spend, earn, and interact. Sports betting, sitting at the intersection of culture, entertainment, and finance, now stands as one of the clearest reflections of that change. Africa’s betting…
Abuja — Despite controlling at least 60 per cent of West Africa’s $80 billion oil market, Nigeria’s cost of drilling per barrel is about 40 to 50 per cent higher than its peers, a report by Deloitte, a global firm which provides audit, consulting and financial advisory services across various industries, has said. Besides, the…
Accra, Ghana — 10 October 2025 – The Africa Centres for Disease Control and Prevention (Africa CDC) is proud to announce the official launch of the African Manufacturing Market Intelligence & Network Analysis (AMMINA) platform. The launch coincided with the African Healthcare Manufacturing Trade Exhibition and Conference (AHMTEC) in Accra, Ghana, underscoring Africa CDC’s commitment…
Vumatel sister company SADV has expanded its market reach with the launch of Infini-fi, a new Internet Service Provider (ISP) that will offer services over the Vuma Core network. While SADV has primarily focused on the affordable Vuma Reach network, Infini-fi is designed to serve the more affluent neighbourhoods covered by Vuma Core. Read: Starlink…
Tisya Mukuna Interview with Tisya MukunaCO-FOUNDER, LA BOÎTE KINOISE Lives in: Democratic Republic of Congo Tisya Mukuna is the co-founder of La Boîte Kinoise, a coffee company in the Democratic Republic of Congo (DRC). She is also among the top 10 finalists in the 2024 Africa’s Business Heroes competition. By overseeing the entire value chain…
As the globe shifts, Africa has seen a marked increase in the adoption of Bitcoin. Increasing volumes of trade, investments from leading institutions, and new policies are changing the continent’s cryptocurrency environment. As of August 2025, the total cryptocurrency market had a market capitalization dip of 1.7 per cent. This was due to the PPI…
Vivo South Africa GM Tony Shi Chinese car brands such as Haval, Chery, BYD, Omoda and Jaecoo are making massive inroads in South Africa’s new vehicle market, challenging traditional incumbents as they wrestle for market share. A similar shift may now be happening in the mobile market, where Chinese challenger brands are giving mainstays such…
The V60 Lite 5G is Vivo’s latest new device in the South African market. Chinese original equipment manufacturer (OEM) Vivo is aiming to clinch a top three spot in SA’s postpaid smartphone market, as it looks for bigger market share locally. This is according to Tony Shi, general manager of Vivo SA, speaking at the…
Kampala, Uganda — Africa’s reinsurance market has for decades been dominated by global giants such as Swiss Re, Munich Re, and the syndicates of Lloyd’s. While these firms bring deep expertise and capital, their dominance has left local insurers struggling to grow. Africa, which accounts for just 1.5% of global premiums, has the highest number…
