South Africa’s fintech revolution is in full swing, with innovative solutions reshaping the financial landscape on a weekly basis. The country’s large population, coupled with a significant number of unbanked individuals, presents a vast market for fintech services. In recognition of the untapped potential and transformative power of technology, investors are increasingly drawn to local … Read More “Fintech start-up boom: 5 sectors attracting investor attention” »
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Credit: Pixabay/CC0 Public Domain Toy company Mattel has been criticized for “stealth marketing” after giving away free Barbie and Ken dolls to schools as part of a program to teach empathy to children, finds an investigation published by The BMJ today. Investigative journalist Hristio Boytchev reports that Mattell’s “Barbie School of Friendship” program, in which … Read More “Experts alarmed as free Barbies given to UK primary schools to teach social skills” »
Co-Creation Hub has announced the call for applications for the Uniinovators Startup-in-Residence program designed to inspire innovations in selected tertiary institutions in Africa – namely, the University of Ibadan (Nigeria), University of Lagos (Nigeria), University of Nairobi (Kenya), Riara University (Kenya), University of Namibia (Namibia) and Namibia University of Science and Technology (Namibia). The program … Read More “Uniinnovators startup-in-residence: A call for applications” »
Ripple’s native token XRP was caught in the crossfire of a lawsuit filed by the SEC declaring the cryptocurrency a security. Judge Analisa Torres ruled that XRP is not a security leading to an embarrassing defeat of the SEC. After the ruling went in Ripple’s favor, XRP jumped 75% reaching a high of $0.82. The … Read More “When Will XRP Climb Above $2” »
Pictured: Group of pills/Courtesy, iStock, Sergii Batechenkov The recent flood of Humira biosimilars to enter the market highlights the uncertainty that surrounds generic competition for biologics following the introduction of the Inflation Reduction Act. On July 1 and 3, seven biosimilars entered the U.S. market to challenge Humira, joining Amgen’s Amjevita (adalimumab-atto), which hit the … Read More “Humira Biosimilars and Others Face Uncertain Future Under IRA” »
As optimism grows that more developing nations can start unwinding painful interest-rate hikes, policymakers in three big emerging markets still have work to do to bring inflationary pressures to heel and backstop their ailing currencies. Central bankers in Turkey, South Africa and Russia — home to the three worst-performing currencies outside Argentina this year — … Read More “Trio of interest-rate hikes to buck emerging-market easing trend” »
Afentra has reconfigured its deals in Angola, reducing the amount of equity it will take from Sonangol and bringing in a new agreement with Azule Energy, the Eni-BP joint venture. The agreements continue Afentra’s focus on Block 3/05 and 3/05A. The original deal with Sonangol from April 2022 would have seen Afentra take a 20% … Read More “Afentra tweaks Sonangol deal, signs Azule purchase” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Weekly Wrap, July 17th, 2023; SoftBank backs renewable energy developer, Amethis’s third fund’s first close, Lilium buys stakes in Burkinabe gold mines, and more…” »
Make every media moment cinematic. Music, film, TV and gaming. As often as not, all four will be consumed and enjoyed in most homes via the same device: the big-screen television. However, the speakers and overall sound quality of many televisions – even new models in 2023 – can be somewhat lacklustre, with manufacturers (understandably … Read More “Hands-on review: Majority Audio Everest 5.1 Dolby Surround Sound System” »
