News
Global: Italian Regulator Fines OpenAI €15.6 Million for Alleged GDPR Breaches
OpenAI has announced its intention to appeal a €15.6 million ($15.6 million) fine imposed by Italy’s data protection authority, the Garante, over alleged ...
Africa
African Nations Unite to Establish Continental Credit Rating Agency
Several African nations, including Nigeria, have announced plans to create a continental credit rating agency to address perceived biases in ratings from major ...
Africa
Africa: ECOWAS Accelerates Plans for ECO Single Currency Launch by 2027
The Economic Community of West African States (ECOWAS) has intensified efforts to finalize the practical arrangements necessary for the introduction of its long-anticipated ...
News
SA: Tyme Achieves Unicorn Status with $1.5B Valuation Following Nubank’s $250M Investment
Nubank, the world’s most valuable digital bank, has spearheaded a $250 million funding round for Tyme Group, a South African digital banking platform. ...
Global
Global: How Big Tech’s XR Revolution Could Transform Payments and AI
The connected economy may soon shift from being in the palms of users’ hands to right before their eyes. In a bold move ...
News
Nigeria: Naira Declines Sharply as CBN Intervenes in FX Market
The Nigerian naira continued its slide against the U.S. dollar last week, despite three separate intervention sales by the Central Bank of Nigeria ...
Angola
Angola: Fitch Affirms Angola’s ‘B-’ Credit Rating with Stable Outlook
Fitch Ratings has reaffirmed Angola’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, reflecting the country’s economic challenges and ...
News
Nigeria: PalmPay and Jumia Forge Strategic Partnership to Boost Digital Payments in Nigeria
PalmPay, a leading Africa-focused fintech platform, has partnered with Jumia, a prominent e-commerce company, to advance Nigeria’s digital payment ecosystem. The collaboration aims ...
News
Africa: Angola’s TelCables to Enhance Digital Connectivity in Nigeria
Rack Centre, the leading Tier III Carrier and cloud-neutral data centre in West Africa, has expanded its interconnection services through a new partnership ...
Africa
Nigeria: MTN Champions Digital Transformation at the South Africa-Nigeria Bi-National Commission
MTN Group reaffirmed its commitment to driving digital transformation and fostering inclusive growth during the 11th South Africa-Nigeria Bi-National Commission held in Cape ...
