Africa

Africa is the world's second largest and second most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the world's human population.

Source: en.wikipedia.org

JPMorgan Aims to Expand in Africa and Scandinavia
JPMorgan Aims to Expand in Africa and Scandinavia
September 18, 2024  |  Banking

America’s largest bank is increasing its expansion efforts outside the U.S. J.P. Morgan Chase is hiring bankers in cities like Stockholm and Copenhagen to expand...

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AI’s Language Leaps May Speak to Business Frontier’s Shift
AI’s Language Leaps May Speak to Business Frontier’s Shift
September 12, 2024  |  artificial intelligence

New research is shedding light on how artificial intelligence language models handle multiple languages, a capability with potential implications for global commerce. African tech firms...

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Report: Democratic Republic of the Congo Cancels Digital Identity Project
Report: Democratic Republic of the Congo Cancels Digital Identity Project
September 03, 2024  |  Digital Identity

The Democratic Republic of the Congo has reportedly canceled what would have been one of the most expensive digital identity projects ever executed. The country canceled...

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Nala Raises $40 Million to Expand Consumer Business Beyond Africa
Nala Raises $40 Million to Expand Consumer Business Beyond Africa
July 12, 2024  |  Investments

Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa....

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Zuora and Ebanx Partner to Expand Acceptance of Local Payment Methods
Zuora and Ebanx Partner to Expand Acceptance of Local Payment Methods
July 09, 2024  |  Partnerships

Zuora and Ebanx partnered to enable Zuora’s customers to accept local payment methods in 13 countries in Latin America and two in Africa. The collaboration...

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Western Union Grows Africa Retail Presence Via Morocco ‘Concept Store’
Western Union Grows Africa Retail Presence Via Morocco ‘Concept Store’
June 26, 2024  |  Cross-border Payments

Western Union is bringing its “concept store” concept to Africa with a new outpost in Morocco. The money transfer service announced the store — its...

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Mastercard and African Development Bank Group to Provide Digital Identities
Mastercard and African Development Bank Group to Provide Digital Identities
May 24, 2024  |  Digital Identity

Mastercard and the African Development Bank Group formed an alliance to provide digital access to critical services to 100 million people and businesses in Africa over the next 10 years....

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Microsoft and G42 Team on $1 Billion Kenya Data Center
Microsoft and G42 Team on $1 Billion Kenya Data Center
May 22, 2024  |  Technology

Microsoft and AI company G42 have teamed to build a $1 billion Kenya-based data center. The collaboration, according to a Wednesday (May 22) news release, marks the largest digital...

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Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
May 15, 2024  |  Cross-border Payments

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to...

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