Africa Matters

The Role of Mobile-First Solutions in Transforming African Banking

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…

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AfDB to establish entrepreneurship banks for youth

Summary The President of AfDB, Dr Akinwumi Adesina said the banks will access the critical financial resources to income generation projects run by the youth. The African Development Bank (AfDB) is seeking to establish youth entrepreneurship investment banks across the continent. The proposed financial institutions will finance young people’s innovations in creating wealth. This was announced on the sidelines…

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African Banker Awards 2023 nominees announced

The 2023 edition of the prestigious African Banker Awards ceremony is set to spotlight SMEs, women and gender. A new category has been introduced to recognise efforts towards bolstering financial inclusion of women across the continent. African Banker magazine has announced today the shortlist of nominees for this year’s edition of its African Banker Awards. Since their inception in…

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