sector - eriinfo

Africa

Africa Tightens Ai and Data Regulations As Stablecoin Adoption Grows in Finance Sector

eriinfo.com4 weeks ago04 mins

Nairobi — As banks, financial institutions, telecommunications firms and payment service providers (PSPs) increasingly adopt stablecoins as core infrastructure for treasury management and cross-border payments, regulatory defensibility is emerging as a critical priority. A new report indicates that this shift is accelerating a broader transition in Africa’s digital economy–from basic data protection frameworks to active,…

Africa

Africa 2026 – Public Sector Surge That Might Backfire – Hidden Risks and Debt Concerns

eriinfo.com1 month ago06 mins

Nairobi — Africa’s accelerating government-led expansion is drawing global attention, especially as initiatives connected to the USAID Trade Hub highlight how external support is shaping economic priorities across multiple regions. Large-scale investments, ambitious reforms, and infrastructure megaprojects are becoming central to national strategies. However, this rapid growth may carry unintended consequences that are often overlooked…

ICT sector BEE code under the microscope as Starlink circles

eriinfo.com1 month ago010 mins

The B-BBEE ICT Sector Council has launched a formal review of the 2016 ICT sector code and published an updated framework governing equity equivalent investment programmes (EEIPs) – the very mechanism at the heart of the political storm over Elon Musk’s Starlink and its attempts to enter the South African market. In a statement on…

ICT sector council publishes updated EEIP framework

eriinfo.com1 month ago06 mins

The B-BBEE ICT Sector Council has updated the framework for EEIP deals, in efforts boost SA’s transformation. To qualify for participation in South Africa’s equity equivalent investment programme (EEIP), a multinational must demonstrate it has a global practice of not divesting shareholding at a local level in any of its international operations. This eligibility must…

Africa

Afreximbank Calls for Decisive Action to Transform Africa’s Cotton Sector and Drive Fairer Global Trade

eriinfo.com2 months ago05 mins

African Export Import Bank (Afreximbank), has called for urgent and coordinated multi stakeholder action to transform Africa’s cotton sector from a raw commodity export base into a competitive textile and garment industry. President and Chairman of the Board of Directors of the Bank, Dr George Elombi, made the call while addressing delegates at the recently…

Pre-digital inertia in SA’s public sector: Digital ambition, analogue mindset

eriinfo.com2 months ago09 mins

Rennie Naidoo, Professor of Information Systems at the Wits School of Business Sciences. South Africa’s public sector does not suffer from a lack of digital ambition. Strategies are written, systems are procured, platforms are launched and progress is reported with confidence. Yet step inside many departments, agencies and public entities, and the lived reality is…

European stocks plunge as tech sector faces worst day since February 3

eriinfo.com2 months ago04 mins

City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares traded sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. The pan-European Stoxx 600 was 1.1% lower shortly after 9:30 a.m. in…

Africa

Africa: World Bank, Partners Unveil Private Sector Council to Boost Electricity, Jobs in Africa

eriinfo.com2 months ago06 mins

The World Bank Group, the African Development Bank, and The Rockefeller Foundation launched a new Mission 300 Private Sector Council to mobilize the billions in private investment needed to connect 300 million Africans to electricity by 2030 while unlocking job creation across the continent. Fourteen leaders from diverse sectors will help drive strategies to crowd…

Africa

Africa: Milking Opportunity – One Farmer’s Journey Reflects the Job Potential of Ethiopia’s Dairy Sector

eriinfo.com2 months ago011 mins

In rural Ethiopia, smallholder farmer Ayelech Tarekegn Mekebo transformed a single local cow into a productive dairy enterprise with support from the World Bank-financed Livestock and Fisheries Sector Development Project. Through improved breeding, cooperative membership, and union-level processing, she now earns steady income and dividends. Her journey shows how targeted investments unlock rural jobs and…

MTN and Vodacom dwarf South Africa’s listed tech sector

eriinfo.com2 months ago06 mins

MTN Group and Vodacom Group, the two giants of South Africa’s telecommunications sector, each clock up more than R1-billion in revenue in just two and three days, respectively. TechCentral analysed companies listed in the technology section of the JSE, along with those in the tech-heavy telecoms sector, to see just how quickly locally listed tech…