• Gabon signed a strategic partnership with Visa to enhance financial inclusion.

  • The initiative includes distributing virtual bank cards to underserved populations, especially in rural and informal areas, and promoting electronic payments within public administration.

  • The collaboration aims to bridge the gap between Mobile Money usage and the lower banking rate by integrating digital financial solutions into public services.

Gabon's Ministry of Digital Economy, Digitalization, and Innovation announced Thursday a strategic partnership with Visa, the U.S. electronic payments firm, on the sidelines of the Africa CEO Forum 2025 in Abidjan. The initiative aims to strengthen financial inclusion through digital means.

The agreement notably includes the distribution of virtual bank cards targeted at populations currently underserved or inadequately served by traditional banking networks, particularly in rural and informal sectors. The partnership also seeks to accelerate the adoption of electronic payments within the public administration, with the goals of modernization, increased transparency, and improved efficiency of state services.

This collaboration aligns with the Gabonese authorities' ambition to democratize access to financial services through innovative and tailored digital solutions. According to the World Bank, Gabon's financial inclusion rate, including Mobile Money services, reached 66.09% in 2021. However, the overall banking rate, encompassing microfinance institutions, remained limited at 27.55% in 2021, compared to a reported 30% in 2024.

This partnership with Visa could help bridge this disparity by facilitating access to digital financial services for a wider segment of the population. By integrating digital payment solutions into public services and expanding access to modern financial tools, Gabon reaffirms its commitment to modernizing its economy and fostering more inclusive growth.

By Samira Njoya,

Editing by Sèna D. B. de Sodji

Posted On vendredi, 16 mai 2025 12:12 Written by

Access to accurate, timely, and actionable market data is critical for making sound investment decisions. Innovations like Data Direct are critical to deepening market participation, improving investor confidence, and aligning the ZSE with global best practices in capital market infrastructure.

The Zimbabwe Stock Exchange Limited (ZSE) has launched Data Direct, an Artificial Intelligence (AI)-enabled market data platform designed to transform how investors access and engage with financial market information. The platform, announced May 14 in a release by ZSE, is aimed at improving transparency, accessibility, and decision-making for stakeholders across Zimbabwe’s capital markets.

The launch of Data Direct is part of our digital transformation strategy to ensure our stakeholders have easy access to market data, said ZSE in the release.

Data Direct combines cutting-edge AI technology with a user-friendly interface to provide investors with real-time access to comprehensive market data from both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX). The platform offers a suite of features, including end-of-day reports, historical data, and viewing rights to live trading via a View-Only Terminal (VOT).

According to the ZSE, the introduction of AI-generated insights on the platform is a game-changer for investors. The advanced AI capabilities enable precise, timely, and actionable market analysis, giving users a competitive edge by going beyond conventional reporting and data interpretation. This empowers traders, analysts, and institutions to make more informed investment decisions based on predictive trends and tailored insights.

Following a successful soft launch in April 2025, which garnered positive feedback from early users, the ZSE refined the platform to enhance its functionality and user experience. The platform is available through a dedicated web portal and is connected to Paynow, allowing for seamless payment and subscription using a variety of channels.

Transparency and timely access to data are crucial for building trust in any financial system. One of the longstanding challenges in African capital markets is the perception of low transparency and limited access to quality data. Tools like Data Direct are vital in reversing that narrative. By providing customizable data, historical records, and live market views, the platform promotes greater accountability, trust, and evidence-based decision-making.

The move aligns with ZSE’s digital transformation strategy to enhance market accessibility and efficiency.

Hikmatu Bilali

Posted On vendredi, 16 mai 2025 11:38 Written by
  • Huawei introduced digital solutions to tackle exploration inefficiency, pipeline security issues, and reliance on foreign data systems.

  • Key innovations include an AI-based offshore exploration tool and  3D security platform.

Chinese technology firm Huawei has launched a suite of digital solutions aimed at bolstering the transformation of Nigeria's oil and gas sector. The announcement occurred in Lagos during the Oil and Gas Forum, a key event at Huawei Nigeria Day 2025, held last week.

These technological offerings are designed to tackle three significant challenges hindering the industry's efficiency: cumbersome exploration processes, persistent vulnerabilities in pipeline security, and a reliance on foreign systems for data management, which compromises digital sovereignty.

Among the showcased innovations is an artificial intelligence (AI)-driven offshore exploration solution. This technology promises to slash seismic data processing time from 21 days to a mere 72 hours, while achieving an impressive 92% accuracy rate. Pilot testing in the OML 130 block of the Niger Delta reportedly resulted in a 35% reduction in exploration costs. Huawei also presented a sophisticated three-dimensional security platform integrating fiber optic sensors and video analytics. This solution has purportedly reduced pipeline leaks by 60% and dramatically cut incident response time from 45 minutes to just 8 minutes.

Addressing the critical issue of digital sovereignty, Huawei introduced a localized cloud infrastructure that adheres to Nigerian regulations concerning strategic data. Information pertaining to oil and gas operations will now be stored within Nigeria, enhancing security and ensuring real-time accessibility.

This initiative aligns with Nigeria’s broader 2050 energy transition strategy, which seeks to strengthen domestic technical capabilities, ensure energy security, and modernize a vital sector of the national economy.

Oil and Gas: A Cornerstone of Nigeria's Economy

The oil and gas sector forms the bedrock of Nigeria's economy, generating over 90% of the nation's export revenue and approximately half of the government's income. As Africa's leading crude oil producer, Nigeria also holds the continent's largest proven natural gas reserves.

However, the sector grapples with long-standing structural challenges, including outdated infrastructure, insufficient investment in innovation, pipeline sabotage, and a dependency on foreign technology. By providing advanced technological solutions, Huawei aims to contribute to a more efficient utilization of national resources and improved governance within the sector.

To further this goal, the Chinese conglomerate intends to double incentives for its local partners and train more than 1,000 Nigerian professionals in energy technologies by the end of 2025. The objective is to cultivate a local ecosystem capable of accelerating the digital transition of Nigeria’s energy industry.

For Huawei, this strategic move aims to position Nigeria as a regional hub for energy innovation, leveraging technology to optimize productivity, secure critical infrastructure, and bolster data sovereignty.

By Samira Njoya,

Editing by Sèna D. B. de Sodji

Posted On vendredi, 16 mai 2025 11:36 Written by

He rethinks the customer experience with a bold digital solution. Driven by a practical and connected vision, he transforms waiting habits into a smooth and intelligent journey.

Maged Negm, an Egyptian tech entrepreneur with a background in electronics engineering and marketing, is the co-founder and chief executive officer of Qme, a startup providing an intelligent virtual queue solution.

Founded in 2022, Qme aims to alleviate waiting times in businesses, institutions, and organizations. This digital solution allows customers to join a queue remotely without the need for immediate physical presence. Using their smartphones, customers can select a service provider or partner, choose a service, locate the most convenient branch, and obtain a virtual ticket with just a few taps.

The platform, driven by artificial intelligence, automatically assigns tickets based on the customers' location and the number of people at various branches, with the goal of minimizing waiting times. Users also receive personalized alerts regarding their position and the queue status, enhancing service management efficiency and improving the overall customer experience.

Negm earned a bachelor's degree in electronics and communication engineering in 2008 from the Modern Sciences and Arts University in Egypt. In the following year, he joined Fawry Banking and Payment Technology Services as a business development specialist.

In December 2009, Negm moved to Orange Egypt. He initially worked within the pre-sales team for business solutions before advancing to the role of senior product marketing supervisor. From 2018 to 2021, he served as product marketing manager at Cequens, a provider of omnichannel communication solutions.

By Melchior Koba,

Editing by Sèna D. B. de Sodji

Posted On vendredi, 16 mai 2025 10:24 Written by

She is committed to providing tailored support for mental health, particularly for people with neurodevelopmental disorders. Her innovative approach has earned her several awards.

Abid Khouloud, a Tunisian entrepreneur and ardent mental health advocate, is the co-founder and chief executive officer of AUZY Mental Health, a startup leveraging artificial intelligence to transform mental healthcare.

Founded in 2021, AUZY Mental Health is a medical technology startup providing a comprehensive medico-psycho-social support platform. This platform offers tailored care for children with neurological development disorders, encompassing information, detection, diagnosis, treatment, and support services.

AUZY aims to provide access to expert therapists and facilitate early screening. The company's core mission is to empower every child to become an active member of society and benefit from all means of decent living. We work to ensure guidance, coordination, and an early intervention process for children with neurodevelopmental disorders.

Prior to establishing AUZY, Khouloud co-founded Elfallega in 2020, a company specializing in outdoor activities for individuals and professionals. She served as the communications manager there until 2023.

Khouloud earned a computer engineering degree in 2023 from the Higher Institute of Computer Science and Communication Technologies (ISITCom) in Tunisia. She also holds a master’s degree in systems, services, and applications in the Internet of Things from the National School of Engineers of Sousse, obtained in 2020.

Her professional journey began in 2020 as a full-stack engineer for the Rassemblement des ingénieurs francophones (RIF) in France. In 2022, she joined Bigweb Agency, a digital marketing firm, where she was responsible for the program management office.

Khouloud is a recipient of the Orange Social Venture Prize in Africa and the Middle East (POESAM) 2024 in Tunisia. Her startup also secured third place in the Tunisia E-Health Valley competition, which recognizes companies offering digital solutions for the pharmaceutical, health, and wellness sectors.

By Melchior Koba,

Editing by Sèna D. B. de Sodji

Posted On vendredi, 16 mai 2025 10:17 Written by
  • Delegations from Zambia and Zimbabwe visited the Nigerian Data Protection Commission (NDPC) to study its practices, aiming to replicate Nigeria's successful model.

  • Key focus areas included the public-private partnership model, human capital development, policy creation, and public awareness, as highlighted by NDPC Commissioner Vincent Olatunji.

  • The visit follows a growing need for robust data protection amid digital transformation, as noted by Yellow Card, while challenges persist in adapting the model to differing local contexts.

Zambia and Zimbabwe are looking to Nigeria for guidance in personal data protection, with separate delegations from the two Southern African nations making a working visit this week to the headquarters of the Nigerian Data Protection Commission (NDPC). The meetings took place on the sidelines of the General Assembly of the African Network of Personal Data Protection Authorities (RAPDP) held in Abuja, Nigeria.

"The purpose of the visit was for the delegations to understudy the day-to-day operations of the NDPC, with a view to replicating best practices in their respective countries," the NDPC said in a statement released on Wednesday, May 14.

Vincent Olatunji, the National Commissioner of the NDPC, provided the visiting delegations with an overview of the development of data protection in Nigeria. He emphasized that the Commission has developed a strategic roadmap that has served as its guide since the enactment of the Nigeria Data Protection Act of 2023. Olatunji highlighted the public-private partnership model as a key driver of the institution's success. Discussions also covered crucial areas such as human capital development, public awareness campaigns, policy formulation, and collaborative strategies.

This benchmarking visit occurs against a backdrop of rapid digital transformation and the widespread use of electronic communication services. "As more African countries go digital, protecting personal data and ensuring privacy has become a critical concern. People, businesses, and governments are increasingly aware of the need to safeguard personal information as the world becomes more interconnected," noted the cryptocurrency exchange platform Yellow Card in its 2025 report, "The State of Data Protection Laws in Africa."

This knowledge exchange could empower the data protection authorities of Zambia and Zimbabwe to enhance their capacity to fully execute their responsibilities, which, according to Yellow Card, include enforcing legislation, investigating breaches, and assisting businesses and citizens in adopting best practices. For instance, a joint 38-month investigation by Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) and the NDPC found that WhatsApp had violated Nigerian data protection and competition laws, resulting in a $220 million fine imposed on its parent company, Meta, in July 2024.

However, replicating the Nigerian model in Zambia and Zimbabwe could present challenges due to differing national contexts. Furthermore, Yellow Card points out that the effectiveness of data protection authorities across the African continent varies due to disparities in resources, expertise, and political commitment.

By Isaac K. Kassouwi,

Editing by Sèna D. B. de Sodji

Posted On vendredi, 16 mai 2025 09:46 Written by
  • The U.S. announced over $550 million in trade agreements with Côte d’Ivoire, focusing on energy, digital transition, infrastructure, security, housing, and technology.

  • Key partnerships include George Mason University, Cybastion, and the Ivorian Ministry of Digital Economy to train youth in AI and cybersecurity, alongside Cybastion’s ongoing projects in West Africa.

  • These initiatives aim to strengthen Côte d’Ivoire’s digital sovereignty, secure critical infrastructures, and develop local digital talent.

The United States is deepening its engagement in Côte d’Ivoire's digital transformation, with a senior State Department official announcing and witnessing the signing of over $550 million in trade agreements during a recent visit to Abidjan. Troy Fitrell,acting Assistant Secretary for African Affairs , participated in key economic meetings where the deals spanned crucial sectors including energy, digital transition, infrastructure, security, housing, and technology.

A significant focus of the U.S. commitment lies in the information and communication technology (ICT) sector. Several initiatives were spotlighted, notably a memorandum of understanding between George Mason University, U.S. firm Cybastion, and the Ivorian Ministry of Digital Economy. This collaboration aims to cultivate young talent in artificial intelligence and cybersecurity, providing Ivorian youth with the skills necessary to navigate the demands of the digital economy.

Adding to this momentum, Cybastion, an American company, has pledged to develop projects across several West African nations, with a particular emphasis on cybersecurity, e-government solutions, connectivity enhancement, and technology-focused training programs.

This fresh wave of commitment builds upon existing cooperation between Côte d’Ivoire and Cybastion. In 2023, the cybersecurity firm inked an agreement with Ivorian authorities for the development of a national data center and a digital administrative city. Further bolstering digital skills, a partnership with Cisco was launched in 2024 to train 3,000 women in various digital competencies.

The overarching ambition of these initiatives is to foster a more robust regional digital ecosystem. For Côte d’Ivoire, the key challenge lies in effectively leveraging these partnerships to fortify its digital sovereignty, establish secure critical infrastructure, and cultivate a substantial pool of skilled individuals capable of meeting the expanding needs of the digital sector, moving beyond isolated pilot programs.

By Samira Njoya,

Editing by Sèna D. B. de Sodji

Posted On vendredi, 16 mai 2025 09:20 Written by

What makes him stand out is how he revamps old-school industries. He brings together smart planning, digital know-how, and a drive to solve everyday issues with practical solutions.

Ibraheem Babalola, a Nigerian technology entrepreneur, is the co-founder and chief executive officer of ETAP, a car insurance application developed to streamline the process of buying and managing insurance policies.

Launched in 2022, ETAP is a digital platform that enables users to manage all their car insurance policies in one place. The application monitors driving patterns, identifies potential hazards, implements cost-saving strategies, and assists users in making informed decisions to extend vehicle lifespan and optimize usage.

Leveraging technology, ETAP transforms vehicle movements into driving scores, which incentivize safer road behaviors. The application pinpoints areas for improvement and rewards top-rated drivers to promote proper car maintenance. To date, over 5,000 businesses and individuals use its services.

Prior to establishing ETAP, Babalola co-founded Muster in 2017, a shared housing platform across Africa. He served as its CEO until 2020, where he directed business development, growth initiatives, expansion efforts, and overall strategy.

Babalola holds a bachelor's degree in Information Systems from the American University of Nigeria. He also obtained a master's degree in International Political Economy from Leeds Beckett University in England.

His professional journey began in 2012 in the Human Resources division of GTBank in Nigeria. In 2013, he joined Forte Oil Nigeria, working within the banking operations and international investments department. The following year, he served as a financial services representative at Leeds Beckett University. In 2016, he became an investment analyst at Afrinvest West Africa. From 2020 to 2022, he held the position of CEO at Clane, a Nigerian fintech company.

By Melchior Koba

Editing by Sèna D. B. de Sodji

Posted On jeudi, 15 mai 2025 16:13 Written by

For developing nations, especially in Africa, embracing strong data protection is not only about catching up with global standards—it is about shaping a sovereign, secure, and inclusive digital future.

The Nigeria Data Protection Commission (NDPC) and the Data Protection Authority (DPA) of Somalia have signed a Memorandum of Understanding (MoU) aimed at enhancing cross-border collaboration on data protection and privacy enforcement. The signing followed the successful hosting of the 2025 edition of the Network of African Data Protection Authorities (NADPA-RAPDP) Conference and Annual General Meeting by the NDPC in Abuja, from 6-8 May, which drew participation from several African data protection authorities.

The agreement was signed by the National Commissioner/CEO of the NDPC, Dr. Vincent Olatunji, and the Director-General of DPA Somalia, Mr. Mohamed Nur Ali, at the NDPC headquarters in Abuja. The MoU outlines key areas of cooperation, including mutual legal assistance, information sharing, and joint efforts to promote compliance with data protection laws.

Delegations from The Gambia and Somalia had remained in Nigeria after the conference to study the NDPC’s operational model and strategic approach, which has earned the Commission growing recognition within the global data protection ecosystem.

Africa is undergoing rapid digitalization, but cross-border cooperation on data protection remains weak. Data protection is essential for preserving individual dignity and rights, building digital trust necessary for economic participation, enabling cross-border trade and innovation, strengthening national security and regulatory capacity, and guiding the ethical deployment of emerging technologies.

As of now, only 36 out of 55 African countries have enacted data protection laws, according to data from Data Protection Africa. Without cooperation agreements like this MoU, enforcement across borders becomes fragmented, making Africa vulnerable to data misuse, cybercrime, and privacy breaches. Formalizing cooperation between Nigeria and Somalia sets a precedent for other African nations to follow, helping to secure citizens’ data rights, strengthen national institutions, and create a more trustworthy digital environment for innovation and trade.

Hikmatu Bilali

 

 

 

Posted On jeudi, 15 mai 2025 10:33 Written by

He represents a new wave of African entrepreneurs dedicated to the continent's digital and social advancement. Working at the intersection of technology, finance, and social impact, he develops innovative solutions to empower the informal economy.

Brian Makwaiba, a South African technology entrepreneur, is the co-founder and chief executive officer of Vuleka, a platform that integrates e-commerce and financial technology services.

Established in 2017, Vuleka connects manufacturers and wholesalers with small store owners, enabling these store owners to sell their products directly to consumers. The platform manages the collection of goods from suppliers and ensures their delivery to retailers.

Vuleka also provides a secure payment solution and develops credit profiles for informal entrepreneurs who lack traditional banking access, thereby facilitating their access to financing. Through its buy-now-pay-later system, it assists micro, small, and medium-sized merchants in optimizing their cash flow and securing their supply chain.

In addition to Vuleka, Makwaiba operates All Data, a firm specializing in the collection, cleaning, analysis, and interpretation of data from the informal sector. He also heads Multi Media Villa, a consulting company, and leads CIBIO, a technology venture focused on agriculture. Furthermore, he serves as Vice President of the Johannesburg Chamber of Commerce and Industry in South Africa.

As an active investor, Makwaiba supports Lucre, a startup microcredit fund. He also chairs the board of ASANDE Investments, a social enterprise addressing critical issues facing South African society.

Makwaiba earned a Bachelor of Medicine degree from Stellenbosch University in 2005. In 2015, he pursued entrepreneurial studies at the University of Pretoria. He further obtained a Master of Commerce degree from the Stellenbosch Business School in 2020.

Between 2012 and 2022, Makwaiba served as a director at IAM Emerge, a South African creative agency. More recently, in 2023 and 2024, he worked as a business coach at Old Mutual South Africa, a financial services company, and subsequently at alx_africa, an online training platform.

By Melchior Koba

Editing by Sèna D. B. de Sodji

Posted On jeudi, 15 mai 2025 09:09 Written by
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