The Editorial Team

Conversational AI: Fighting fraud while reducing friction for customers – Brendan Van Staaden, Managing Executive, MoData Interactive.

The risks of identity fraud remain as high as ever for consumers and banks alike. Global research from Experian shows that 58% of consumers have been a victim of online fraud or know someone who has been a victim, or both. The challenge that banks face is protecting their customers from increasingly sophisticated identity thieves and scammers without adding undue friction to customer experience (CX). One of the most powerful tools institutions can leverage to…

Merck Foundation marks ‘World Art Day’ through their best Film, Song and Fashion Awards 2022, 2023

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NAIROBI, Kenya, April 15, 2023/ — Merck Foundation’s pan African TV program “Our Africa” addresses Social and Health issues through the ‘Fashion and Art community with Purpose’ Community created by Senator Dr. Rasha Kelej, CEO of Merck Foundation (www.Merck-Foundation.com). Merck Foundation emphasizes on the importance of Art and Media communities as critical partners to raise awareness about sensitive health and social issues through their “OUR AFRICA” TV program and Fashion, Film and Song awards to mark…

AfDB approves trade finance transaction guarantee facility to Banque Commerciale du Burundi

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ABIDJAN (Capital Markets on Africa): The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the East African nation, this instrument will provide support to Small and Medium Sized Enterprises (SMEs) and local corporates, to facilitate their import and export trade finance requirements. The Bank will provide a guarantee to Confirming Banks for the non-payment…

Africa’s potential growth hotspot and unsettling monetary environments

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LAGOS (Capital Markets in Africa) – The Q4 GDP figures suggest the rifle is cocked and the Senegalese economy is ready to shoot the lights out this year. Industry ended 2022 with a bang and the development of the hydrocarbons sector could see Senegal become Africa’s growth hotspot in 2023. Domestic political uncertainty and economic challenges abroad are the main obstacles to traverse. Elsewhere, both Namibia and Algeria are still struggling with unsettlingly high price…

Market Report: US market awaits bank earnings, Guinness maker drops Ireland

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LAGOS (Capital Markets in Africa): Guinness maker Diageo has announced plans to drop its listing in Ireland – it will also be giving up a listing in Paris. That means the drinks giant will instead be focussed on its London listing and secondary listing in New York. While the optics of the Guinness brand saying goodbye to Ireland may appear out of step, the reality is that maintaining multiple listings in different jurisdictions is complex…

Cassava Technologies pledges R4.5bn investment into the South African economy

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JOHANNESBURG (Capital Markets in Africa) – Cassava Technologies (www.CassavaTechnologies.com) has pledged a total of R4.5 billion in investment in South Africa through its business units – Liquid Intelligent Technologies, Africa Data Centres and Distributed Power Africa. The announcement was made during the fifth South Africa Investment Conference (SAIC) in support of SA President Cyril Ramaphosa’s initiative to drive investment into the country. Through this investment, Cassava, which has operations in Africa, the Middle East, Europe,…

Oxford Economics Bank Problem Webinar: Register Now

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Webinar | Bank problems dampen the global outlook, but a catastrophe remains unlikely. 17 Apr 2023 | In the latest global webinar, we review our latest economic forecasts and set out how we have adjusted them in the wake of the recent troubles in the banking system. We also assess the potential scale of downside risks were problems to build further. REGISTER NOW We will forward connection details to the email address provided as well…

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