How Nigeria’s Actions on Binance will Hurt Africa
When Nigeria's Central Bank governor, Olayemi Cardoso, linked the loss of valuable tax revenues totalling US$ 26 billion through Binance, the country's federal government opened a new battlefront with crypto platforms.
How CBK Can Address Challenges in Licensing Digital Lenders
The digital financial landscape in Kenya has seen a significant transformation with the rise of Digital Credit Providers (DCPs), which has brought about significant opportunities for financial inclusion and innovation. [...]
Silicon Savannah Comes to Silicon Valley
Today, the 23rd of May 2024, President William Ruto of Kenya, which is dubbed Silicon Savannah of Africa, is making an official state visit to the United States of America, [...]
Attempted Coup in DRC Increases Risks of Political Instability in the Region
Although the coup attempt was quickly thwarted, the success of Malanga’s group in accessing the capital, and the heavily guarded Palais de la Nation, will likely also raise questions about likely benefactors and sympathisers.
Bribes and Bush Clearing
When working with international investors you’ll have to do some cross-cultural translations which go beyond language. It took me 5 years to learn so maybe I can save you some [...]
US-China Diplomatic and Trade Tiffs Play Out in Tech
The ongoing distrust between the United States and China has degenerated into export controls, threats of sanctions, and outright demands for dissociation causing ripples in the tech industry. As [...]How Technology is Enhancing Property Investment in Kenya
Kenya’s real estate sector is witnessing a remarkable transformation fueled by technological advancements. From the adoption of blockchain for secure transactions and ownership rights to the proliferation of digital platforms [...]
Iran-Israel Conflict's Escalation Increases Risk of War, Business Disruptions
Global oil and gold prices fluctuated after reports that Israel had launched a retaliatory strike on Iran on Thursday, as traders hedged their risks on the back and forth attacks [...]AI Could Create Turning Point for Financial Inclusion in Africa
It’s difficult to imagine a time before the widespread adoption of mobile technology in Africa – particularly where financial services are concerned. For millions of unbanked people, transactions were limited [...]
20% Excise Duty on Digital Lenders is Financially Excluding Millions in Kenya
Digital lenders are against the 20% excise duty charged on interest and fees, on top of other taxes, arguing that it has raised the cost of credit and stifled innovation [...]Why Southern Africa Should Explore Cross-Border Energy Projects
As detailed in Standard Bank’s recently released strategic discussion document, “South African Gas Optionality,” Africa holds natural gas in abundance, both onshore and off, accounting for more than 7% of [...]
Ruto's US State Visit Needs to Navigate America's Uncertain Political Future
President William Ruto will visit the United States on a State Visit in May during what is likely to be one of the most turbulent US elections in memory. Barring [...]
