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digital economy

Mastercard and Glovo Deliver Food Aid in Africa

Mastercard has joined forces with Glovo, an innovative multi-category app linking consumers with various services, to combat hunger and promote education in underserved communities. Together, they will supply over 300,000 meals to school children in Kenya and Nigeria for...

Top African Business Opportunities to Watch out for in 2024

Despite rising food and fuel costs, weakening currencies, climate change effects, security threats, political instability, severe power shortages, infrastructure limitations and several other economic and social challenges, Africa is still one of the fastest-growing emerging economies in the world...

E-commerce Giants Driving Financial Inclusion for the Kasi Economy

It has been discovered that the underbanked in the informal sector in South Africa amounts to more than 19 million individuals. Apart from this, the informal sector generates up to R260 Billion per year. In a panel discussion hosted by...

How to Safely Shop Online without a Bank Card

It has been widely assumed that making online payments is unsafe. While many have hesitations about online transactions, global markets are swiftly transitioning into a fully digital economy and society may inevitably soon be cashless. Financial inclusion is a...

Mukuru and Payfast Connect the Cash Digital Divide for Millions in SA

According to the World Bank, over 19 million adults in South Africa are excluded from digital transactions. This includes people have a bank account, but do not transact online.  In a KLA poll, 44% of respondents expressed concerns about...

Mastercard Partners with EMIS to Boost Digital Economy

Angola| Mastercard has entered into a strategic collaboration with Empresa Interbancária de Serviços S.A (EMIS) to introduce a co-branded contactless card incorporating EMV technology. This initiative aims to bolster the digital economy and expedite the process of digital transformation. EMIS,...

MTN to Host Hackathon for African Developers – Here’s How to Participate

MTN Group’s Mobile Money Application Interface (API) announced that it will be hosting an Open API Hackathon for African developers. The competition runs from 18 July 2022 until 9 September 2022. Developers will have 4 weeks to submit their idea...

Moya App Gives SA Youth Data-free Access to Job Searches

A recent survey by Open Dialogue revealed that young unemployed South Africans were spending around R1,300 ($81,34) a month on looking for work, with over R464 ($29,03) of this on internet costs. For many, accessing information, job opportunities and...

The African Internet Connectivity Journey is on its Path to Global Economic Success

Africans are getting ready to take over the world. This may not be a sentiment the developed world tends to agree with, but it is time to acknowledge the facts. Around 17% of the world’s population resides in Africa...

Mark Zuckerberg Says the Metaverse will Come Costly

Mark Zuckerberg told shareholders on Wednesday that the metaverse project will bleed a lot of money and that some products will not be ready for 15 years. According to Business Insider, the Meta CEO told shareholders that he spent $10-billion...
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Enhancing IoT Security with a Cyber Immune Solution

Internet of Things (IoT) devices, ranging from wearables to smart home appliances, are increasingly targeted by cybercriminals for...
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