AI-powered lender Optasia targets SA’s underbanked

AI-powered lender Optasia targets SA’s underbanked

South Africa is still a cash-based economy, says Optasia. (Image source: iStock) Artificial intelligence (AI)-powered fintech company Optasia is stepping up its push into South Africa, betting that AI-driven credit scoring can unlock financial services for millions of people who remain underserved by the country’s formal banking sector. Speaking to ITWeb in an interview yesterday,…

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Iran targets U.S. bases in Jordan and Iraq as raging war depletes U.S. interceptor stockpiles

Iran targets U.S. bases in Jordan and Iraq as raging war depletes U.S. interceptor stockpiles

Iran’s military said on Friday it carried out drone strikes against several American military facilities and bases in Bahrain, Jordan and Kuwait in retaliation for the latest U.S. attacks, while explosions were heard near an American base in northern Iraq. “This morning, the fuel tanks, large equipment warehouses and silos and the barracks of the…

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Fat bonuses at Telkom despite group missing own targets

Fat bonuses at Telkom despite group missing own targets

Telkom Group CEO Serame Taukobong Telkom missed its own headline financial targets in its 2026 financial year – on revenue, profit and free cash flow – yet most of its top executives took home short-term bonuses that exceeded their on-target amounts, the group’s newly published remuneration report shows. The group performance scorecard, which determines the…

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Africa: Greenpath Africa Targets Talent Infrastructure to Power AfDB’s Mission 300

Africa: Angola’s Agriconnect Compact Targets Food Security, Jobs, and Agricultural Growth

Luanda — Angola and the World Bank Group today launched the country’s AgriConnect Compact, a national framework to boost domestic food production, create employment, and mobilize private investment in agricultural value chains. The Compact brings together government, private sector, financial institutions, development partners, and farmer organizations around a shared agenda to transform the country’s agricultural…

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Africa: Greenpath Africa Targets Talent Infrastructure to Power AfDB’s Mission 300

Africa: Tanzania Targets Africa Pharma Manufacturing Hub Status

Shanghai — TANZANIA is accelerating efforts to establish itself as a leading pharmaceutical manufacturing hub in Africa as demand for medicines rises and sector reforms deepen. Deputy Permanent Secretary in the Ministry of Health responsible for pharmaceuticals and medical equipment, Emmanuel Tayari, said the government is improving the investment climate to attract global manufacturers into…

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Fake ARC investment scheme targets South Africans

Fake ARC investment scheme targets South Africans

ARC urges the public to report suspicious investment offers. Investment holding firm African Rainbow Capital (ARC) is warning the public about a criminal syndicate fraudulently using the company’s branding and the identities of executives to lure people into investment scams. It says the fraudsters are primarily operating through social media platforms, particularly WhatsApp groups, where…

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