EVENT [OCTOBER 29-31 2024] | GSMA MWC Kigali 2024 to Explore Role of Connectivity in Driving Socio-Economic Growth Across Africa

GSMA MWC Kigali will return to the Kigali Convention Center from 29-31 October 2024. MWC Kigali, Africa’s largest and most influential connectivity event, will convene powerful innovators and political leaders from…

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REGULATION | Digital Lending Platforms Must Now Indicate They Are Registered by the Regulator, Says Bank of Tanzania

The Bank of Tanzania (BoT) has published new requirements aimed at safeguarding borrowers from abusive digital lending practices by tier-2 microfinance institutions. According to the bank, the requirements aim to…

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NORTH AFRICA | Morocco Unveils a $1.1 Billion Digital Morocco 2030 Strategy with DLT Being a Key Focus Technology

Morocco has unveiled an ambitious plan to transform its economy and society through its Digital 2030 strategy. This initiative aims to create 240,000 jobs in the digital sector by 2030,…

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REGULATION | Kenyan Wealth-Tech Startup, Ndovu, Launches Money-Market Fund Following Regulatory Approval

Kenyan wealth-tech startup, Ndovu, has officially launched its new Money Market Fund (MMF), called the Ndovu Fund, aimed at providing accessible and diverse investment options for everyone. This launch is…

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MILESTONE | Diaspora Remittances to Kenya Hit a Historic Record High of $427 Million in August 2024

Diaspora remittances by Kenyans hit $427.2 million in August 2024, the highest monthly value sent by Kenyans abroad in history according to a weekly bulletin produced by the Central Bank…

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REPORT | Mauritius is Africa’s Most Innovative Economy and Leading in VC Funding Globally, Says 2024 Global Innovation Index

Mauritius has been ranked highest among African countries Global Innovation Index (GII) 2024 by the World Intellectual Property Organization (WIPO). According to the 2024 GGI index, in Sub-Saharan Africa, only…

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INFLATION | African Central Bankers Look to Artificial Intelligence and Big Data to Address Rampant Inflation

The Bank of Tanzania is exploring the use of artificial intelligence to forecast inflation and enhance monetary policy, Governor Emmanuel Tutuba said. Tutuba was addressing the 46th annual meeting of…

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