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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Iranian Drone Strikes at Amazon Sites Raise Alarms Over Protecting Data Centers
Tech industry’s past focus on cyberattacks and natural disasters overshadowed threats of physical attacks.
- Categories
- Technology
- Region
- Global
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South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Big Tech ‘Leave Poor Farmers Sidelined’ In AI Revolution
The report published Wednesday by the International Panel of Experts on Sustainable Food Systems (IPES-Food) highlights how tech giants such as Google, Microsoft, Amazon and Alibaba are shaping the future of farming through cloud platforms and Artificial Intelligence (AI) tools, attracting substantial public and private investment.
- Categories
- Agriculture, Technology
- Region
- Global
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Silverflow Secures $40 Million to Grow Global Payments Platform
The new capital will also support geographic expansion, particularly in North America through the company’s New York operations, while strengthening its presence in Southeast Asia.
- Categories
- Technology
- Region
- Global
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Addressing the Communications Breakdown in Global Development: How AI-Enabled Assessment Tools Can Reach Excluded Communities
Development work can only be effective if it’s based on the actual needs and lived experiences of the communities it aims to serve. But as Talía Jiménez Romero at Fortell Impact explains, in many of the remote, under-resourced areas where this work is most needed, the voices of local people are often the hardest to hear, due to barriers related to language, education, and lack of access to the internet and other technologies. She explores how AI can be leveraged to facilitate data collection and needs assessments in these multilingual and low-connectivity contexts, while complementing the work of local teams on the ground.
- Categories
- Technology
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World Bank Group’s IFC Invests in Malaysia’s Zetrix AI to Improve Access to Digital Public Infrastructure Services
IFC’s 155.6 million Malaysian Ringgit ($40 million) investment will support the development and rollout of new, blockchain-based DPI applications and artificial intelligence (AI)-enabled products that aim to improve digital inclusion, access to services, and economic efficiency in Malaysia and the broader ASEAN region.
- Categories
- Investing, Technology
- Region
- South Asia
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The African Development Bank Group and the United Nations Development Programme Have Launched the AI 10 Billion Initiative
The AI 10 Billion Initiative is a co-designed partnership between the Bank Group, UNDP and private partners that seeks to mobilise up to $10 billion by 2035.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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