South Africa boasts highest download speeds in Africa
South African smartphone subscribers experience the fastest and most consistent connectivity services in Africa, according to industry bench markers Opensignal. Opensignal analysed 15 African countries for its research: South Africa, Morroco, Egypt, Kenya, Nigeria, Tanzania, Ivory Coast, Algeria, the Democratic Republic of Congo, Uganda, Ghana, Cameroon, Angola, Ethiopia and Sudan. It detailed that South Africans
Wizkid is my favourite musician – Hollywood star, John Boyega – CorrectNG
Wiz also said Nigerian rappers as non-rappers who lack development and went on to list the South Africa’s Nasty C and Ghana’s Sarkodie as the …
Nigeria Trails South Africa, Kenya In Africa’s B2B Payment Revolution
Nigeria is trailing South Africa and Kenya in the development of key B2B payment processes across Africa, including adoption of electronic bank transfers, speed of processing invoices and payment automation, a new report has revealed. The report from Duplo, a business payment platform for African businesses of all sizes, titled: ‘Exploring the State of B2B
FSD Africa eyes Nigeria’s $40b investible funds to grow impact
FSD Africa, a specialist development agency working to build Africa’s financial markets for sustainable development, is looking to Nigeria’s $40 billion investible funds to scale up impact. Established in 2012 and supported by UK aid, FSD Africa, through its capital market arm, is engaging fund managers, institutional investors and government agencies in Nigeria to drive
Adoption of Digital Identify Growing Across Africa According To Smile ID H1 2023 Report
Smile ID, a KYC and identity startup in Africa, has released its H1 2023 State of KYC report detailing digital verification and fraud trends across the continent. Digging Deeper According to the report, it was found that biometric verification reduces fraudulent users by 50%. In 2023 so far, 43% of ID frauds caught were face
AI developing rapidly, but South Africa leads the charge
This is an excerpt from The Future of Fintech in Africa 2023 report. Since the Covid-19 pandemic, there has been an increase in AI-related startups and national AI advancements in Africa. The continent as a whole faces issues with large geographic swathes and population segments which remain undigitised, resulting in a huge unbanked population. However, there are
Could Supply Chain Security Take U.S. Firms to Africa?
Beginning in August, China will levy export controls on two critical minerals: gallium and geranium. These metals are essential to semiconductor technology and restricting access to them marks Beijing’s latest volley in its strategic power competition with Washington and will significantly disrupt U.S. and Taiwanese chip manufacturers. The global mineral supply chain is already narrow
Pulse Kenya announces third Influencer Awards
The nominations for the awards, which are running under the theme The Golden Era – Bold & Elegant, are underway until 6 August, with voting taking place from 5 to 21 September. The Pulse Influencer Awards celebrate digital creativity, innovation and community-building efforts of influencers in Africa, and will be held simultaneously in Kenya, Nigeria, Ghana,
New report by Duplo reveals South Africa and Kenya dominate B2B payments in Africa
The study explored various aspects of B2B payments, including the adoption of electronic bank transfers, payment automation, and invoice processing speed, shedding light on the reasons behind this dominance. The “Exploring the State of B2B Payments in Africa” report is based on the insights of over 1,200 professionals from Kenya, Nigeria, South Africa, and Ghana.
Five Nigerian KYC startups 2023
In Africa, a lot of people do not have a local identity to pass Know Your Customer (KYC). The World Bank estimates that 57% of Africans still don’t have a bank account of any type, including a mobile money account, as Africa accounts for half of the people in the world that have no means