World Bank
May 19, 2020

WorldRemit wants radical remittances shift in Africa

The online money transfer service calls for a huge shift from informal to formal remittances through faster adoption of digital financial services.

Apr 30, 2020

MTN asks US court to dismiss anti-terrorism damages claim

Complainants allege MTN paid bribes to al-Qaida and the Taliban to avoid investing in expensive security for its transmission towers.

Apr 24, 2020

COVID-19 hits Africa remittances, World Bank urges digital platform use

The World Bank projects a 20% decline in global remittances, urging service providers and authorities to introduce measures to ease use of mobile money platforms.


Mastercard to bring 500m people into digital economy in 2020

The fintech company says it is well on its way to achieving its goal of bringing financial inclusion to hundreds of millions across the globe this year.

Mar 2, 2020

SWIFT hackathon seeks cross-border payment solutions

The hackathon aims to identity new solutions to reduce costs in cross-border payments into and within Africa.


Africa loses $2bn from Internet shutdowns

Algeria, Chad, DRC, Ethiopia and Zimbabwe were among the worst offenders in terms of the amount of time the Internet was disrupted.


Western Cape gets the nod from renewable energy sector

The province is set to play a major role as the country forges ahead with its renewable energy push.


Mission Billion Challenge seeks digital ID innovations

World Bank and Absa prepare for the Mission Billion Challenge, which aims to find solutions to provide digital identity for the world's "invisible billion".


UCT Web tool drills into income inequality

The university's research unit wants to challenge people's perceptions about South African society with regards to income inequality.

Mar 12, 2018

Huddle initiative targets local SMEs, start-ups

The Global Entrepreneurship Network has launched a local version of its start-up programme, which is designed to educate entrepreneurs, and connect them with global experts.

Mar 6, 2018

International remittances to exceed $600bn in 2018

South Africa is ranked the most expensive African country from which to send money, says Frost & Sullivan.

Feb 13, 2018

MEA blockchain spending to increase by 107%

Blockchain spending in the Middle East and Africa will reach $81 million this year, pushed by cross-border payments and identity management.

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