Charles Muchoki | Africa Guardian At the recent MIT Initiative on the Digital Economy Annual Conference (2024), a key insight emerged: “Human favoritism leads people to prefer content created by humans over artificial intelligence (AI).” Yet, as AI becomes increasingly sophisticated, the line between human and machine-generated output blurs. When it comes to developing technological tools for financial services…
Our Correspondent | Africa Guardian Africa’s tech ecosystem has recently gained attention with two new fintech unicorns: South Africa’s TymeBank and Nigeria’s Moniepoint, both raising funds and achieving valuations exceeding $1 billion. However, these valuations are not just a sign of investor confidence but also reflect the companies’ ability to adapt disruptive fintech models originally designed for developed economies,…
Charles Muchoki | Africa Guardian The global cryptocurrency landscape is shifting, and Africa is emerging as a surprising hotspot for bitcoin mining. Following China’s ban on cryptocurrency, miners have sought regions with affordable energy and supportive regulations, turning their attention to the continent. Ethiopia’s Renewable Energy Breakthrough The Grand Ethiopian Renaissance Dam has positioned Ethiopia as a key player…
Charles Muchoki | Africa Guardian Dr. Leila Fourie has been at the helm of the Johannesburg Stock Exchange (JSE) for five years, steering Africa’s largest stock market through challenging times. Appointed CEO on October 1, 2019, Fourie brings nearly 30 years of experience to her role, overseeing a market with an all-share capitalization close to R20 trillion. A Trailblazing…
Edson Baraukwa | Africa Guardian Cryptocurrency is reshaping South Africa’s financial landscape, promoting inclusion, empowering small businesses to access global markets, and offering innovative payment systems. With a combination of crypto-friendly regulations, a vibrant tech ecosystem, and increasing adoption, South Africa is cementing its status as the continent’s cryptocurrency hub. In 2024, Africa’s crypto market revenue is expected to…