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African Tech Titans vs. Red Tape: How Striking the Right Regulatory Balance Can Advance the Continent’s Economic Future
Africa has emerged as a pivotal player in the global tech marketplace, with a digital economy that’s projected to grow to $712 billion by 2050. Yet according to Seyi Ebenezer at Payaza Africa Ltd., this potential is threatened by regulatory frameworks that struggle to keep pace with the rapid evolution of technology. He explores how overly stringent regulation is impeding business and economic growth in the region, and how regulators can foster innovation while protecting consumers and other stakeholders.
- Categories
- Finance, Technology
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Press Release: Digital Future for Africa: African Development Bank and Intel to Train Millions in Artificial Intelligence (AI)
The training will address socio-economic challenges and boost productivity in key growth sectors such as agriculture, health, and education, thereby disrupting traditional growth cycles.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Wasoko-MaxAB E-Commerce Merger Faces Delays Amid Headwinds in Africa
The delay is important in part because of how high-profile this deal has been so far. It’s been described as “the largest merger in African e-commerce” by both companies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, scale, startups
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NPCI International Payments and Central Reserve Bank of Peru to Enable UPI-like Real-Time Transactions
UPI‘s collaborative and open banking ethos “enables greater connectivity and interoperability with both domestic and international payment networks.
- Categories
- Finance, Technology
- Region
- Latin America
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Solving the Educational Disparity in India: A Scalable Solution Leverages AI and Behavior Change to Reach Underserved Communities
Around 37 million Indian children lack access to any form of early education service. Vishal Sunil and Sushmita Roy at Rocket Learning discuss how their organization is addressing this issue through its learning platform, which leverages AI technology and WhatsApp to provide free educational tools to children and parents, while offering training and other resources to the daycare workers who play a key role in the country’s early childhood development landscape.
- Categories
- Education, Technology
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Uber and Bolt Argue That Kenya’s Economic Presence Tax Threatens Business
The industry experts warned that increased taxation could eat into their razor-thin margins and drivers’ earnings.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- corporations, regulations
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Rwanda Mulls a Digital Currency in Two Years – Central Bank
The national digital currency, according to the National Bank of Rwanda (BNR), would offer Rwandans a safe, free, and easy alternative to physical cash.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Despite Tech Breakthroughs, Carbon Removal Still Won’t Save the Planet
Carbon removal tech breakthroughs don’t fundamentally make them a more feasible hedge against slow emissions reductions.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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