Category archives for: Insurance

Enhancing financial inclusion in Africa through technology

Abdou Bachir Diagne Medina Digital

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – A NEW partnership has been launched to boost financial inclusion in Africa by utilising modern technologies such as Artificial Intelligence (AI) and Data Science. Medina Islamic Finance, an Africa-focused digital Islamic microfinance platform, announced the partnership with United Labs, a New York-based data science venture studio that focuses […]

Landmark finance technology deal signed in Kenya

On left is Mr Bob Collymore, Chief Executive Officer of Safaricom, and Dr James  Mwangi, CEO, Equity Group Holdings. Photo, Maria Macharia, CAJ News Kenya Bureau

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – MILLIONS of Kenyans now have access to critical services using an innovative combination of technology and finance. This follows the creation of a joint transformation agenda by financial services firm, Equity Group Holdings, and Safaricom, the mobile operator. Through collaboration that will align their joint purpose to transform lives, the […]

FNB issues thousands of smart IDs

South African passport

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – FIRST National Bank (FNB) has issued about 160 000 smart identity document (ID) cards following a partnership initiated two years ago between banks and South Africa’s Department of Home Affairs. The bank has issued 79 958 Smart ID cards and 78 529 passports. Lee-Anne van Zyl, Chief Executive […]

Bumpy ride forecast in crucial week for SA econom

Rand currency

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – ANALYSTS are wary of one of the most critical weeks in the South African economic calendar culminating in downgrades by international rating agencies on the back of serious problems afflicting the national power utility. Problems have been mounting at the beleaguered electricity parastatal, Eskom, resulting in recurrent blackouts […]

What on earth is Djibouti doing?

Djibouti President Ismaïl Omar Guelleh with Chinese counterpart Xi Jinping

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – DJIBOUTI is destroying itself in its quest for development In its quest for development, Djibouti has enlisted China’s help. The African country sees itself as the tail wagging the dog, but nothing could be further from the truth. China has its eyes set on Africa as a means […]

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