DHL Global Forwarding has appointed Egidio Monteiro as the new CEO for Sub-Saharan Africa (excluding South Africa), effective immediately. This appointment comes at a key moment in the company’s growth journey across the region, and Monteiro will report directly to Amadou Diallo, CEO of DHL Global Forwarding MEA. Monteiro brings over two decades of experience…
Ghana and Singapore are joining forces to pioneer Africa’s first “finternet” — a transformative digital financial infrastructure that aims to connect governments, businesses, and communities through transparent and self-sustaining technology. The project, developed through a collaboration between Ghana’s District Assemblies Common Fund (DACF) and Singapore’s Embed Financial Group Holdings (EFGH), seeks to build a network…
Ethiopian Airlines has announced a strategic partnership with Chapa Financial Technologies, a leading Ethiopian fintech company, to enable customers to make payments in local currency using their ATM cards. This marks a historic first for the national carrier, allowing passengers to complete purchases directly through Ethiopia’s banking network without relying on international cards or complicated…
Galytix, a leading Agentic Artificial Intelligence company serving the banking and financial services sector, has announced a major global expansion as it marks its 10th anniversary. This milestone underscores a decade of innovation, growth, and commitment to transforming how financial institutions leverage AI to drive efficiency, accuracy, and smarter decision-making. As part of its expansion…
Nvidia has made history by becoming the first public company ever to surpass a $5 trillion market valuation, cementing its position as the undisputed leader in the global AI revolution. The company’s stock soared more than 5% to around $212, driven by surging demand for AI chips and growing optimism about potential access to the…
Elon Musk has unveiled Grokipedia, a new AI-powered encyclopedia developed by his artificial intelligence company, xAI. Positioned as a next-generation alternative to Wikipedia, Grokipedia aims to deliver a more dynamic and transparent platform for accessing information. Musk described it as “a massive improvement over Wikipedia” and “a necessary step towards xAI’s goal of understanding the…
Absa has announced a strategic partnership with Huawei to implement a cutting-edge Private Cloud Solution designed to accelerate its transformation into a digital-first, cloud-native financial institution. This collaboration marks a significant step in Absa’s journey to lead with technology-driven innovation, enhancing its ability to deliver faster, more secure, and personalized banking services across Africa. The…
Cassava Technologies has announced a strategic partnership with STANLIB Infrastructure Investments to significantly expand the footprint of its subsidiary, Africa Data Centres, in South Africa. This investment will support the development of AI-ready data centres at Africa Data Centres’ campuses in Johannesburg and Cape Town, positioning the company to meet rapidly growing demand for digital…
