POSB and Mastercard launch outbound money transfer service

The People’s Own Savings Bank (POSB) has announced a strategic collaboration with Mastercard to launch POSB Remit Outbound. The service aims to provide a fast, secure and cost-effective way for customers in Zimbabwe to send money directly to bank accounts, mobile...

Paratus links Goma to Mombasa

Pan-African telecommunications and network services provider Paratus Group has switched on a new fibre route in East Africa, directly connecting Mombasa on the Kenyan coast to Goma in the eastern Democratic Republic of Congo (DRC) through a protected terrestrial...

Green energy, insurtech redefine risk in Africa’s energy transition

As renewable power accelerates across the world, insurers are reshaping how they assess, price and mitigate risk for a new generation of energy assets. The International Energy Agency (IEA) forecasts that global renewable capacity will double between 2025 and 2030....

Climate change still a major risk to African mining

Climate change is no longer a distant threat – it’s a present-day disruptor reshaping industries, economies, and ecosystems. In Africa, few sectors are as exposed – or as vital – as mining. Intensifying droughts, erratic rainfall, and rising...

Data centres are reshaping Africa’s power market

The global digital economy is driving an unprecedented surge in electricity demand from data centres and IT infrastructure. Worldwide, uninterruptible power supply demand for IT equipment alone is forecast to reach 249 GW by 2030, with total installed capacity,...