Menxtt Tech NG Strengthens Cybersecurity and Digital Document Protection for Nigerian Businesses

Menxtt Tech NG Strengthens Cybersecurity and Digital Document Protection for Nigerian Businesses

As businesses across Nigeria continue to adopt digital technology, the need to protect corporate information, devices and online operations from cyber threats has become increasingly important. For Menxtt Tech NG, a technology solutions company based in Ikeja, Lagos, cybersecurity should no longer be regarded as a concern limited to large corporations. Whether an organisation is…

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The Technology Company Shaping the Future of Nigeria’s Retail Investment Industry

The Technology Company Shaping the Future of Nigeria’s Retail Investment Industry

Nigeria’s retail investment market is undergoing significant change, and the key question may no longer be whether Nigerians want to invest. Instead, the focus is increasingly on whether the capital market is developing products, systems and experiences that understand the people it seeks to attract. This is the focus of a recent report by Check,…

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Microsoft South Africa CEO Urges Trusted Digital Infrastructure to Accelerate Africa’s Fintech Growth

Microsoft South Africa CEO Urges Trusted Digital Infrastructure to Accelerate Africa’s Fintech Growth

Microsoft South Africa CEO, Vukani Mngxati, has called for increased investment in trusted digital infrastructure as Africa’s financial technology sector continues to expand, identifying cloud computing, data and artificial intelligence as foundational elements of modern economies. Mngxati made the remarks during a panel discussion at the MTN Fintech Summit 2026, where industry leaders explored how…

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# South Africa’s Betting Boom Creates New Demands for Technology Almost **85% of experienced Brazilian punters** bet almost exclusively through frequent, small-stake, live in-play wagers. South African bettors, however, follow a different pattern: they place fewer bets, at higher stakes, and with more time between wagers. This difference in behaviour forms the basis of joint research by **SOFTSWISS's Alexander Kamenetskyi and OddsMarket's Sergii Mykhailenko**. The research highlights the importance of understanding player behaviour when developing appropriate product settings, risk controls and fraud-prevention technology that can effectively respond to the realities of each market. ### What South Africa’s Betting Pattern Requires from Technology Differences in player behaviour affect almost every layer of an operator's operations, including how deposit and withdrawal limits are set, when identity checks are triggered and where automated systems distinguish between a legitimate large stake and a potentially suspicious transaction. Applying settings designed for a high-frequency market such as Brazil to South Africa could result in systems designed to detect large volumes of small transactions looking for the wrong indicators. This can have implications for both commercial performance and the wider industry's effectiveness. The clearest example can be seen in **fraud prevention and Know Your Customer (KYC)** processes. South African operators have developed fraud-prevention and KYC systems around identity checks at registration, as well as deposit and withdrawal monitoring calibrated more towards transaction size than frequency. This approach reflects a market where bettors tend to place larger, more considered wagers less frequently. Brazil's rapidly growing market, by contrast, is developing infrastructure around a different baseline: high-frequency, high-volume live wagering. As a result, the type of activity that may represent an anomaly in Brazil can look very different from what would be considered unusual in South Africa. The same principle applies to product design and operational processes. A deposit limit or verification trigger designed around the betting patterns of one market may not necessarily work effectively in another. ### Meeting the Regulatory Standard While Adapting to South Africa South Africa's **National Gambling Board** launched a Verified Gambling Operators portal in April, bringing licensing data from nine provincial authorities together in one place. The platform allows bettors to verify whether an operator holds a valid licence before making a deposit — an important development given that operators trading without licences have contributed significantly to the industry's credibility challenges in South Africa. While a licence confirms that an operator meets the required regulatory standard, it does not determine how effectively its systems are adapted to South African bettors. Two operators may hold identical licences but operate very different systems behind the scenes. One may rely on slower, manual identity checks, while another may use automated monitoring designed around the way South African bettors actually behave. That difference can determine whether local betting patterns are accurately identified and managed. South Africa's gambling turnover reached **R1.5 trillion in the 2024/25 financial year**, representing a **31.3% increase** from the previous year. However, growth on this scale has not fundamentally altered the underlying betting pattern. South African bettors continue to place fewer, larger wagers rather than moving towards the frequent, small-stake betting that is driving volume in faster-growing emerging markets. Instead, the growth increases the cost of getting market-specific settings wrong. An operator applying Brazil's approach in South Africa — or South Africa's approach in Brazil — risks running product, risk-management and compliance systems designed for a type of bettor that does not generally reflect the behaviour of that particular market. Effective localisation therefore requires more than simply entering a new market. It means ensuring that **product, risk and compliance systems are built around the behaviour of local bettors**. Achieving this requires technology that can be reconfigured from one market to another, as well as providers with the experience and capability to implement those adaptations effectively.

What South Africa’s betting boom demands from technology

Almost 85% of experienced Brazilian punters bet almost exclusively through frequent, small-stake, live in-play wagers. South African bettors, however, follow a different pattern: they place fewer bets, at higher stakes, and with more time between wagers. This difference in behaviour forms the basis of joint research by SOFTSWISS’s Alexander Kamenetskyi and OddsMarket’s Sergii Mykhailenko. The…

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WIOCC Group Secures Investment from AFC and Vision Invest to Expand Digital Infrastructure Across Africa

WIOCC Group Secures Investment from AFC and Vision Invest to Expand Digital Infrastructure Across Africa

Riyadh, Saudi Arabia, 1st September 2026 – WIOCC Group, Africa’s leading carrier-neutral digital infrastructure platform, has announced the signing of a Shareholder Subscription Agreement (SSA) with Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest), through which the two investors will jointly invest US$300 million in the company. The agreement was signed at…

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Airtel Africa Foundation Grants Tech Scholarships to 25 Young Malawians

Airtel Africa Foundation Grants Tech Scholarships to 25 Young Malawians

The Airtel Africa Foundation has selected the first cohort of 25 young Malawians for the Airtel Nzeru Fund Tech Scholarship, supporting their pursuit of science and technology-related studies at the Malawi University of Science and Technology. The scholarship recipients come from 17 districts across Malawi and will study fields including Sustainable Energy Engineering, Computer Systems,…

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Benin Calls for Technology-Driven Transformation of the Media Sector at China-Africa Forum

Benin Calls for Technology-Driven Transformation of the Media Sector at China-Africa Forum

Benin has called for greater use of technology to transform the media sector and improve information accessibility, digital inclusion, cultural preservation and information sovereignty across Africa. The country presented its vision at the 7th Forum on China-Africa Media Cooperation in Beijing, which brought together public institutions, media organisations, audiovisual enterprises, universities and research centres from…

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GITEX Nigeria 2026 Highlights Push for Sovereign AI, Digital Infrastructure and Tech Investment

GITEX Nigeria 2026 Highlights Push for Sovereign AI, Digital Infrastructure and Tech Investment

GITEX Nigeria 2026 opened in Abuja on Monday, bringing together senior government officials, global technology leaders, investors, innovators and digital-economy stakeholders for high-level discussions on Nigeria’s growing role in Africa’s technology and artificial intelligence landscape. The second edition of the event, themed “Beyond Connectivity: The Bridge to Sovereign AI and Innovation,” commenced with the Government…

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