Data from the Central Bank of Kenya (CBK) shows that diaspora inflows in the country rose to Ksh30.4 billion ($295.3 million) in June compared to Ksh25.1 billion ($243.2) in May.
Consumers are using mobile devices to purchase financial services and to manage their accounts and this has largely led to the rise in branch closures at most major banks.
Data analysis helps organisations make sense of complex data sets, providing insights that are not necessarily visible to the human eye.
As Angola’s new president João Lourenço embarks on reforms aimed at fostering a dynamic local entrepreneurial sector, his success will ultimately be judged by the fortunes of people like Alcino António.
Sub-Saharan Africa is one of the fastest-growing investment zones for financial technology companies according to new research says Forbes.
South African business has a serious diversity problem - only 3.3% of listed companies have female CEOs and 85% of CEOs are white, despite an increase from 2018.
While estimates for global investment into 5G over the next few years vary, one thing is certain: the funds needed to make 5G a reality is easily the largest global capital outlay in telecommunications history.
South Africa alone has a youth population of 20.6 million, making up 35.7 percent of the country’s total population of about 57.7 people.
Although women have come a long way in the workplace in terms of the roles they are now filling, they still make up an incredibly small percentage of the ICT sector.
According to the World Economic Forum, 70 percent of Africa’s population is under the age of 30, signaling a significant opportunity for the growth and advancement of the continent.
South Africa, the continent’s largest economy by GDP, can lay claim to being the “gateway” to doing business in Africa by virtue of its size, sophistication and connectivity.
With a population of less than 12 million and a GDP of $10.35bn in 2018, Benin is often overshadowed by its massive neighbour, Nigeria.
The rapid growth of cloud usage has resulted in a fractured distribution of data, with workloads spread across disparate instances and, for some organizations, platforms.
Although the notion of network-based computing stems right back to the 1960s, the modern term “cloud computing” arose in the 2000s, yet, almost two decades later, South Africa still lags in its adoption.
The 5G networks that stand at the edge of deployment demand artificial intelligence. They fuel and empower it.
After decades of struggles against a deficient power generation system, Senegal is now at the verge of a paradigmatic shift that could put many of its troubles to rest.
The ways businesses leverage cloud to manage and maximize the value of their data continues to evolve.
While fintech and mobile solutions for money transfers have taken off in Africa, there has been a mixed reaction thus far from governments to the use and regulation of blockchain and cryptocurrency.
When I envision AfCFTA, I see a continent where the cost of trade is cut by nearly 80 per cent. Having been in the importation business for over three years I will say that the one thing that eats up our profits the most was the importation taxes and duties.
Pursuing export-led industrialization puts a country in a sustainable socio-economic development path.