tightens - eriinfo

Africa

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

eriinfo.com3 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,…

Tech

Bolt SA tightens controls after fatal profile misuse case

eriinfo.com1 month ago06 mins

Bolt’s driver identity verification checks are now conducted multiple times a week. Bolt has intensified its crackdown on driver profile sharing in South Africa, introducing stricter enforcement measures by increasing driver identity verification checks on the driver app. In 2023, the e-hailing firm introduced the Bolt Driver Selfie Verification feature on its mobile app to…

Government tightens screws on crypto assets

eriinfo.com2 months ago09 mins

SARS will use tech to catch those who don’t report crypto assets. (Image: Nicola Mawson, with Freepik and GenAI) Government is clamping down on crypto assets through two new tax regulations that expand reporting on virtual money. It is also moving to bring tokens under exchange control rules – despite a pending court case on…

Africa

Africa’s Startup Market Tightens As Major Deals Collapse in 2025

eriinfo.com4 months ago04 mins

Africa’s tech ecosystem raised $3 billion in 2025, up 33% from the previous year, as investors returned to deal-making after a prolonged slowdown. Funding rounds closed, acquisitions went through, and activity rebounded across major markets, per a TechCabal report. Yet alongside the recovery, a series of high-profile deals failed to materialize, exposing a tougher investment…

Louvre tightens security after crown jewel heist, installs bars on infamous window

eriinfo.com5 months ago03 mins

A crane was stationed outside the Louvre Museum in Paris on Tuesday — but this time it wasn’t being used by jewel thieves stealing some of the nation’s historic treasures. Instead, the machine was operated by maintenance workers in security helmets and high-visibility vests as a crew installed metal bars to the now-infamous second floor…

Pepkor tightens its grip on South Africa’s prepaid phone market

eriinfo.com6 months ago03 mins

JSE-listed discount retailer Pepkor Holdings’ lead as the distributor of the most prepaid handsets sold in South Africa continues to expand. In the company’s report for the year ended 30 September, released on Tuesday, Pepkor reported a 17% year-on-year increase in handset sales to 13.5 million units – 9.2 million of which were sold in…

US, Australia sign rare earth, mineral agreement as China tightens supply | International Trade News

eriinfo.com7 months ago05 mins

US President Donald Trump said the deal had been negotiated over the last four to five months. Published On 20 Oct 202520 Oct 2025 Click here to share on social media share2 Share United States President Donald Trump and Australian Prime Minister Anthony Albanese have signed an agreement on rare earth and critical minerals as…

China tightens rare earths grip, stocks MP, LAC, TMQ surge

eriinfo.com7 months ago05 mins

Shares of U.S. rare earth and critical mineral miners surged Thursday after China tightened restrictions on exports, fueling market speculation that the Trump administration will move more aggressively to invest in building out a domestic supply chain. Ramaco Resources soared more than 11%, Energy Fuels surged over 12%, USA Rare Earth jumped more than 16%,…