Ouidah, Benin — It is barely noon, and a group of women sit near the beach on the outskirts of Djégbadji village, in West Africa’s Benin, sifting through mounds of salt harvested from the Gulf of Guinea’s ocean. Large concrete vats covered with black tarpaulin show traces of white salt sediment as the seawater slowly…
South Africa’s financial and telecommunications sectors are undergoing a fundamental shift in how they verify customer identities. Faced with a staggering increase in the cost of accessing the Department of Home Affairs (DHA) national population database, banks and fintechs are moving away from routine database pings toward sophisticated, “reusable” digital identity systems. Read: Pony AI…
Mpho Sadiki, MD for Payfast Whereas merchants and industry usually push digital innovation, consumers are driving merchants to innovate in online payments. The proliferation of digital tools is upending the online payments space, with consumers now driving the pace of innovation by forcing merchants to adopt their preferred payment methods instead of the other way…
