A new industry report released by ResearchAndMarkets.com projects that Africa’s gift card industry will expand to about $8.5 billion by 2030, driven by fintech platforms, payment ecosystems and major retail …
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Airtel Africa drops expansion plans, bets on data centres and mobile money IPO
Airtel Africa has outlined a set of strategic initiatives — including plans to list its mobile money arm, ongoing talks to utilise Starlink capacity, and possible integration of crypto-related services …
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South African banking giants eye StanChart Botswana in fresh M&A push
Standard Chartered has initiated plans to sell its Botswana subsidiary, a move that has already drawn early interest from major regional lenders seeking to strengthen their footprint across Southern Africa. …
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The ANC’s sudden embrace of South African business
In 2023, South Africa confronted what a senior minister in the ruling African National Congress described as the single greatest threat to the country since the end of apartheid — …
Africa and the Caribbean are intensifying efforts to strengthen economic ties and unlock access to a combined $40 trillion market as stakeholders gear up for the 2026 edition of the …
The newly appointed chief executive officer of UBA UK, Loknath Mishra, has unveiled an ambitious strategy to position the bank at the centre of efforts to close Africa’s estimated $100 …
The Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso, has stressed that Africa must accelerate growth, industrialisation and job creation while simultaneously tackling climate challenges and strengthening resilience …
Despite recent commendations from the World Bank for Nigeria’s macroeconomic reforms under President Bola Tinubu, experts warn that the country’s approach risks prioritising optics over real change. Kingsley Moghalu, former …
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Nigeria Probes Temu Over Alleged Data Breaches, Platform Pledges Cooperation
Nigeria has opened a formal investigation into fast-rising e-commerce platform Temu over suspected violations of national data-protection regulations, in a move signalling intensifying scrutiny of foreign digital platforms operating in …
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Dangote signs $400 mln equipment deal with China’s XCMG to speed up refinery expansion
Africa’s industrial conglomerate, Dangote Group, has sealed a $400 million equipment procurement pact with Chinese manufacturer Xuzhou Construction Machinery Group as part of an aggressive push to scale up its …