Africa’s AI market to hit $16.5B by 2030: report
The Mastercard report says AI in Africa is worth $4.5B this year and will grow 27% annually, but Big Tech
All posts by Steve Kaaru
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Steve Kaaru
17:20
Sub-Saharan Africa records 52% growth in digital asset volume
Sub-Saharan Africa ranked third after APAC and Latin America in year-over-year growth in ‘crypto’ volume, with Nigeria and South Africa
Steve Kaaru
15:26
China’s cities compete in AI as US rivalry intensifies
From Beijing to Shanghai, China’s major cities are investing billions of dollars to gain the upper hand in the AI
Steve Kaaru
17:27
South Africa’s tax agency doubles down on ‘crypto’ tax evaders
One report says that in a country where 6M citizens hold digital assets, only 17,000 declared them in their tax
Steve Kaaru
17:30
Ethiopia digitalizes gov’t services; Nigeria goes paperless
Ethiopia’s digital revolution is supported by new data centers, better Internet access, and a spike in mobile users as Ethio
Steve Kaaru
04:27
Australians made 4B mobile wallet payments in 2024: report
The ABA report also revealed that Australians made over $105B worth of mobile payments in 2024; the sector has surged
Steve Kaaru
03:30
Nigeria embraces stablecoins; HK caps stablecoin licenses
Nigeria’s SEC says it’s open to compliant stablecoins to underpin Africa’s financial revolution, as HK says most license applicants will
Steve Kaaru
17:21
Yellow Card teams up with Visa for stablecoin payments
The two will launch stablecoin payment services in at least one African country and expand the service next year as
Steve Kaaru
12:23
Ethiopia pushes for domestic AI; S. Africa clears path for Starlink
Elsewhere, South Africa requires telcos to have at least 30% black ownership to receive permit, but the gov’t is changing
Steve Kaaru
08:23
South Africa: Digital assets not subject to forex controls
In a case pitting South Africa’s largest bank against the central bank, a court ruled that digital assets are not
