Digital Payments Strengthen Growth Outlook for Saudi SMEs, Mastercard Survey Shows Small and medium-sized enterprises (SMEs) in Saudi Arabia remain confident about their future despite ongoing regional and global economic uncertainties, with 75% of business owners expressing optimism about their business prospects over the next 12 months, according to the latest Mastercard SME Confidence Index…
Timon Reaches 100,000 Signups as Cross-Border Payment Demand Continues to Rise Stablecoin-powered travel payments startup Timon has surpassed 100,000 user signups, marking a major growth milestone as demand for faster and more affordable cross-border payment solutions continues to increase. The achievement comes after the company added 50,000 new users during the first half of 2026,…
Nigeria Highlights ₦16.3 Billion Data Protection Industry at African Governance Forum Nigeria has showcased the rapid growth of its data protection sector at the Regional Data Governance Exchange in Nairobi, Kenya, highlighting how a strong regulatory framework has helped transform the country’s privacy ecosystem into a ₦16.3 billion industry within just three years. The event,…
Lesotho and China Reaffirm Commitment to Strengthening Bilateral Cooperation Lesotho and China have reaffirmed their commitment to expanding bilateral cooperation, reinforcing a long-standing partnership that continues to support development across infrastructure, technology, education, trade, and innovation. The renewed commitment comes as both countries seek to deepen collaboration in digital transformation, economic growth, and emerging technologies….
Lesotho Calls for Affordable Connectivity and Stronger Digital Foundations to Bridge the Global AI Divide Lesotho has called on the international community to prioritise affordable internet access, reliable electricity, and stronger digital infrastructure as essential building blocks for inclusive artificial intelligence (AI) development. The country argues that expanding network coverage alone is not enough to…
EthSwitch Explores AI, Cross-Border Payments, and Digital Finance Partnership with Huawei Ethiopia’s national payment switch, EthSwitch, is exploring deeper collaboration with global technology company Huawei to strengthen the country’s digital payments ecosystem through artificial intelligence (AI), modern payment infrastructure, and cross-border payment connectivity with China. The discussions took place during a meeting in Addis Ababa…
AVELIN AI Raises $3.7 Million to Expand Sovereign AI Platform Across Global Markets AVELIN AI, a sovereign artificial intelligence platform designed for enterprises and government organisations operating in highly regulated industries, has secured $3.7 million in pre-seed funding from a group of angel investors. The investment will support the company’s expansion strategy as demand grows…
ATIDI Celebrates 25 Years with Record Growth and Stronger Commitment to Africa’s Financial Future The African Trade & Investment Development Insurance (ATIDI) has marked its 25th anniversary by reporting record financial results and receiving renewed support from African leaders, who reaffirmed the institution’s role in driving investment, reducing financing costs, and strengthening Africa’s financial independence….
MACRA and UNDP Explore Partnership to Advance AI, Digital Identity and Digital Skills in Malawi The Malawi Communications Regulatory Authority (MACRA) and the United Nations Development Programme (UNDP) are exploring new areas of collaboration aimed at accelerating Malawi’s digital transformation through stronger digital identity systems, responsible artificial intelligence (AI), data protection, and digital skills development….
Telkom Pledges R100 Million to Establish AI Institute for Digital Skills Development South African telecommunications company Telkom has announced a R100 million (approximately US$6.1 million) investment to establish the Telkom AI Institute, a new initiative designed to equip South Africans with artificial intelligence (AI) and digital skills while supporting innovation, entrepreneurship, and greater participation in…