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A single cloud back office lets multi-site retail and hospitality operators track sales, stock and staff across every location. As South African retailers and hospitality operators move through the quieter mid-year trading months, many are using the winter lull to review the systems that run their tills, stockrooms and kitchens. Towa, a South African provider …
Marine Protected Areas (MPAs), often referred to as the ‘nature reserves of the sea’, are ecologically significant areas that protect vulnerable marine ecosystems, habitats and species, while supporting the people who depend on them. Launched in South Africa on 1 August 2021, MPA Day aims to drive awareness of these areas dedicated to ocean – …
Johannesburg: Aura Social, a South African technology company, today announced the launch of its freelance marketplace platform designed specifically for the South African market. The platform connects businesses with verified South African freelancers through a secure escrow payment system that processes all transactions in South African Rand, eliminating the currency conversion fees and USD pricing that …
The closure of Dickon Hall Foods in Johannesburg should send shockwaves through every level of government. It is far more than the loss of a manufacturing plant.
The post When Infrastructure Fails, Investors Leave. Joburg Cannot Afford Another Dickon Hall Foods Manufacturing Plant Closure appeared first on ActionSA.
As one of the world’s longest-running professional surfing events, healthy oceans play a central role at the Ballito Pro Presented by O’Neill – without this, there is no surfing. There is no Ballito Pro. There is no us. That’s why ocean conservation initiatives continue to drive this winter holiday event, with the 57th edition taking …
“When municipalities collapse, communities suffer” says SAMWU
Johannesburg’s internationally accredited breast imaging centre points to its full range of diagnostic services as the year reaches its midpoint. Melrose Arch Mammography, the breast imaging centre based at Melrose Arch in Johannesburg, is drawing attention to the full range of diagnostic services it offers as the year passes its halfway mark in July. The …
Dust-A-Side spotlights how its water-saving dust suppression and road management systems help South African mines and industrial sites cut costs and conserve resources. Dust-A-Side, a South African born dust control company with an international footprint, is drawing fresh attention this July to the water savings and operational gains that its dust management systems deliver for …
Nigeria has launched an investigation into major global technology companies, including Meta, Alphabet, X and several generative AI platforms, following […]
The exclusive-use beach house gives families and small groups sole run of the property overlooking the Bazaruto Archipelago. On the remote San Sebastian Peninsula in Mozambique, Pambele is inviting travellers to book the entire property for themselves. The privately owned beach house operates on an exclusive-use basis, which means a single family or small group has the …
South African accessories brand Peachz spotlights in-car mounts, cables, and MagSafe charging as drivers prepare for the July winter travel season. Peachz, the South African mobile accessories brand, is heading into the July holiday travel period with a clear message for drivers across the country. As families pack the car for winter getaways and long-distance …
Across Africa, cryptocurrency is shedding its reputation as a speculative asset and becoming an everyday tool for moving money, running businesses and bridging gaps left by traditional finance. Binance (www.Binance.com), the world's leading blockchain ecosystem and cryptocurrency infrastructure provider, says this shift toward utility-driven adoption is positioning the continent as a global blueprint for how digital assets create real economic value.
Unlike markets driven largely by investment appetite, African adoption is anchored in practical need. With roughly 1.3 billion adults globally still unbanked (https://apo-opa.co/4aKV78i) and a young, mobile-first population coming online at speed, digital assets are solving tangible problems. Stablecoins help freelancers receive cross-border payments, allow small businesses to manage cash flow against volatile local currencies and enable families to send remittances faster and more affordably than legacy channels allow. Tools such as Binance Pay (https://Pay.Binance.com) and Binance Card (https://apo-opa.co/4eRPWWz) extend this further, allowing users to send, receive and spend digital assets in everyday transactions.
"Africa did not wait for permission to reimagine money. It built the use case first," said Hannes Wessels, General Manager for South Africa at Binance. People here are not asking what crypto might do one day. They are using it to solve real problems now, from settling invoices across borders to protecting the value of their earnings. That is utility in its purest form, and the world should be paying attention to what Africa is teaching it."
This momentum is being reinforced by a maturing regulatory environment. From Kenya's proposed frameworks to licensing progress across various markets, regulators are increasingly recognising digital assets as part of the formal financial system rather than a threat to it. Binance maintains that greater adoption aligns with many governments' aims to foster innovation, financial inclusion and economic competitiveness, and continues to engage directly with policymakers on frameworks that protect users while preserving innovation.
This utility-led growth also raises the importance of education. "As more people use digital assets for real financial needs, equipping them to transact safely is essential," says Wessels. "Through Binance Academy and ongoing education initiatives across the continent, we help users understand how to protect their assets, recognise scams and make informed decisions, building the confidence that sustainable adoption depends on."
The opportunity is substantial. Mobile phone access already reaches the vast majority of adults in developing economies, and with small and medium enterprises forming the backbone of African economies, demand for faster settlement, transparent transactions and accessible financial tools continues to expand.
"The next chapter of global crypto won't be written in the markets everyone expects," Wessels added. "It will be shaped by the entrepreneur in South Africa, the trader in Nairobi, and the freelancer in Accra who have already made digital assets part of how they live and work. Our role is to keep building the infrastructure, trust and education that allow that progress to continue safely and responsibly."
Binance remains committed to advancing financial inclusion, regulatory collaboration and user education across Africa, ensuring more people can participate in the future of finance with confidence.
Distributed by APO Group on behalf of Binance.
About Binance:
Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 300 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: www.Binance.com
The decision by the National Treasury (NT) to withhold a portion of the July equitable share from the Emfuleni Local Municipality (Evaton, Sebokeng, Vaal Oewer, Vanderbijlpark, Vereeniging) puts the Municipality under strict financial oversight. If the Municipality fails to meet the stipulated conditions, more funds will be withheld. This will further erode service delivery and […]
The post No state funding for Emfuleni until maladministration stops appeared first on Freedom Front Plus.
If municipalities address unauthorised, irregular, and fruitless and wasteful expenditure, funds could be released within the month
Renew Capital (http://RenewCapital.com/) has selected 15 companies from more than 500 applicants across 48 African countries to advance through its inaugural Renew Venture Lab: EmFi Series.
The size and breadth of the applicant pool point to a larger shift underway across Africa: some of the continent's most promising embedded finance opportunities may come not from traditional fintechs, but from tech companies already serving small and medium-sized enterprises (SMEs).
Africa's SMEs are the main creators of jobs, yet they face an estimated $330B annual credit gap. However, Africa is rapidly becoming a global center for technology innovation and currently boasts the world's largest mobile money market. Meanwhile, SMEs are becoming more tech-enabled as smartphone adoption across sub-Saharan Africa is projected to rise from 54% in 2024 to 81% by 2030 and data costs plummet.
These trends open new opportunities to embed financial products in mobile applications to reach the world's most capital-constrained private sectors, unlocking growth and job creation. As Africa's startup ecosystems grow, technology companies powering digital payments, organizing smart distribution, optimizing logistics, improving healthcare, and digitizing agriculture value chains have the potential to reach millions of SMEs that banks are not serving and use their customer data to underwrite financial products.
All 500+ applicants were invited to exclusive expert sessions with founders from some of Africa's fastest-growing companies and gained advice from some of the world's leading embedded finance and Web3 companies. Forty-seven companies were selected for a pitch competition and given a startup package valued at more than $250,000. From this group, 15 were selected to advance to deeper technical training and investment consideration. The 15 companies represented Ethiopia, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Togo, Uganda and Zambia.
Matthew Davis, Co-CEO of Renew Capital, said: “The next generation of Africa's small business banks won't be banks. They'll be startups that already understand how SMEs operate, have their data and have earned their trust. These 15 companies are building from that advantage. That's why we're paying attention.”
THE TOP 15 COMPANIES
|
Company |
Country |
Founder |
Website |
|
AgroCenta |
Ghana |
Francis Obirikorang (https://apo-opa.co/4vTsP3Q) |
|
|
Boost Technology |
Ghana |
Mike Quinn (https://apo-opa.co/4vWkAEm) |
|
|
Dots for Africa |
Senegal |
Carlos Oba (https://apo-opa.co/4peki9h) |
|
|
Fanaka |
Zambia |
Hillary Sang (https://apo-opa.co/4h7E1oS) |
|
|
Kutana |
Ghana |
Samuel Opoku (https://apo-opa.co/4vW923U) |
|
|
MajibuAfrica |
Uganda |
Janis Zicans (https://apo-opa.co/4f3YGrg) |
|
|
Marakisoft |
Ethiopia |
Alemayehu Seifu (https://apo-opa.co/4eSIN8o) |
|
|
Oze |
Ghana |
Meghan McCormick (https://apo-opa.co/4paWgf9) |
|
|
Regxta |
Nigeria |
Rukayat Bello (https://apo-opa.co/4vSdMaz) |
|
|
Rigo |
Nigeria |
Olukayode Odeyinde (https://apo-opa.co/4aJjcfF) |
|
|
Shiprazor |
South Africa |
Lesego Tladinyane (https://apo-opa.co/3SU3hVK) |
|
|
Solimi |
Togo |
Gael Egbidi (https://apo-opa.co/3SSjZor) |
|
|
Tradevu |
Nigeria |
Nkiru Amadi-Emina (https://apo-opa.co/4aGsadA) |
|
|
Z Systems |
Morocco |
Samer Choumar (https://apo-opa.co/4bd4PQU) |
|
|
Zendawa |
Kenya |
Wilfred Njuguna (https://apo-opa.co/4pavJyx) |
Distributed by APO Group on behalf of Renew Capital.
Media Contact:
Nihal Grii
ngrii@renewcapital.com
+212 641 665 577
About Renew Capital:
Renew Capital is a pan-Africa investment firm with a presence in 13 countries. We back the bold founders using technology to pursue Africa's greatest opportunities.
With more than a decade of investing on the continent, Renew Capital is among the most active investors building Africa's thriving private sector. Learn more at http://RenewCapital.com/
The continued inability to conclude disciplinary matters is undermining the credibility of the City of Ekurhuleni. Residents have witnessed suspended officials drawing full salaries while disciplinary processes are left pending indefinitely.
The post The Persistent Failure to Conclude Disciplinary Matters Continue to Undermine the Integrity and Reputation of the City of Ekurhuleni appeared first on ActionSA.
Every July, South Africa marks National Savings Month, an initiative led by the Savings Institute of South Africa (SISA) to encourage individuals and households to develop healthier financial habits and prioritise saving for the future. The campaign serves as an important reminder that financial security is not built overnight. Instead, it is the result of …
e4 argues that South Africa’s property sector must move beyond digitising individual processes to create connected, secure digital experiences that reduce friction and accelerate transactions. According to Avinash Maharaj, integrating identity verification, automation and collaboration will improve efficiency, trust and transparency across the property transfer process. The South African property market has made significant strides …
A project to build hundreds of toilets near Mthatha has been stalled since 2023
The National Consumer Commission (NCC) alerts healthcare facilities and medical practitioners to the recall of certain Boston Scientific CRE Wireguided, CRE PRO Wireguided, and CRE PRO GI Wireguided Balloon Dilation Catheters as notified by Boston Scientific. A total of twenty-six (26) affected units have been identified in South Africa. The affected devices are designed for …
We asked the banks what they are doing to combat this type of fraud
ActionSA demands that the Bushbuckridge Local Municipality explain the sudden suspension of recurring electricity interruptions in several communities after residents endured regular scheduled outages for an extended period.
The post ActionSA Questions Whether the ANC Is using Electricity to Campaign in Bushbuckridge appeared first on ActionSA.
Last year, Kredete, a startup founded by Nigerian entrepreneur Adeola Adedewe that enables Africans in the diaspora to build credit […]
Factory raids in KwaZulu-Natal and court cases have exposed the rot, but what are the solutions?