Author: Akin Naphtal

The South African Reserve Bank (SARB) has recently unveiled PayShap, a new payment platform aimed at offering faster, safer and more convenient payment options for South Africans. The platform is the result of a collaborative effort by the banking community, the Payments Association of South Africa and BankservAfrica and is part of the SARB’s Rapid Payments Program. The launch of PayShap is in line with the SARB’s Vision 2025 strategy to modernize the national payment system framework. READ ALSO:Veolia’s RECAPP releases new version of its recycling app, offering users interactive and rewarding features for sustainability efforts AWS Launches Fintech Africa…

Veolia, a benchmark company for ecological transformation, has released an updated version of its digital recycling solution, RECAPP, aimed at both individuals and businesses. The new version of the mobile application has a range of features, including the ability for users to track and measure the positive impact of their recycling efforts on the environment. This is done by providing an interactive display of how much waste has been recycled over time and comparing it with the amount of CO2 reduced. RECAPP 2.0 has also introduced additional categories to its reward marketplace feature, which offers redeemable points for recycled items.…

Amazon Web Services (AWS), the cloud computing division of Amazon, is expanding its presence in Africa by inviting early-stage fintech and fintech-adjacent startups to apply for their inaugural AWS FinTech Africa Accelerator program. The accelerator program will be hosted by AWS’ Startup Loft Accelerator and will exclusively focus on fintech startups operating in Africa. This comes after fintech startups in Africa raised over $2 billion USD in venture funding in 2022, making Africa’s fintech industry the top recipient of venture funding on the continent for several years. AWS has been operating in Africa since 2004 when it opened its first…

Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has announced the launch of a new platform called “04” that aims to strengthen collaboration between the government and its customers to enhance the quality of government services. The platform will allow customers to provide feedback, suggestions and complaints in just three simple steps via an omnichannel experience. The Crown Prince said that being proactive is the key to the government of the future and that to become a proactive government, they must actively listen to the people and make informed decisions based on their input. He added that…

Digital Industries (DI) has recently partnered with AVEVA Select to offer their customers in East and West Africa access to AVEVA’s complete portfolio of industrial software solutions. This partnership aims to help African businesses improve operational efficiency, drive better returns and increase sustainability. AVEVA Select partners are given the ability to offer their customers simplified designs, optimized production and improved performance. Through this partnership, DI will expand their ecosystem of customers and partners, aiming to adopt technologies that enable digital transformation. READ ALSO:ANB Capital to launch Nextgen Trading Platform in partnership with Direct Financial Network Company CBUAE Implements Central Bank…

ANB Capital has partnered with Direct Financial Network Company (DirectFN) to launch the Nextgen Trading Platform (NTP), a press release announced. The platform is intended to improve ANB Capital’s trading offerings and provide both institutional and retail customers with a high-speed order management system. ANB Capital CEO Khalid Al Ghamdi expressed his desire to be a leader in Saudi Arabia’s brokerage sector, stating that the NTP launch was part of the company’s efforts to enhance the client experience. He added that it was a step towards staying at the forefront of technology advancements in the industry. READ ALSO:CBUAE Implements Central…

The Central Bank of the United Arab Emirates (CBUAE) has partnered with G42 Cloud and R3 to implement its Central Bank Digital Currency (CBDC) Strategy. The CBUAE has engaged G42 Cloud as its infrastructure provider and R3 as its technology provider for the CBDC implementation. The CBDC is a risk-free form of digital money issued and guaranteed by the central bank, serving as a secure, cost-effective and efficient form of payment and a store of value. The CBUAE has successfully conducted several CBDC initiatives, including the “Aber” project with the Saudi Central Bank in 2020 and the “mBridge” project with…

Celfocus, a technology solutions provider and Advansys, a global technology solutions provider, have successfully launched a technology development center in Egypt. The center will support Celfocus’ business operations in Europe and the Middle East. The Ambassador of Portugal in Egypt, Mr. Rui Tereno and CEO of Egypt’s Information Technology Industry Development Agency (ITIDA), Eng. Ahmed ElZaher, attended the ceremony marking the launch. The technology development center has already achieved its first milestone by hiring a team of professionals and senior software developers in Cairo. This achievement showcases Egypt’s capabilities as a top global outsourcing destination, according to Ahmed Elzaher, CEO…

Emirates NBD, a prominent banking group in the MENAT region, is collaborating with Plug and Play Abu Dhabi to seek out FinTech solutions to improve its risk management and cyber security models. The campaign is calling for leading FinTechs with advanced technological expertise to propose solutions that can enhance the bank’s risk management and cyber security capabilities. This partnership builds on Plug and Play Abu Dhabi’s long-standing relationship with the banking group. Emirates NBD has previously collaborated with the platform to bolster its open innovation ecosystem worldwide and Emirates Islamic partnered with the platform to drive innovation in the Islamic…

AmiViz, the first enterprise B2B marketplace in the Middle East, has partnered with PolySwarm, the first marketplace for malware intelligence. The partnership means that PolySwarm’s threat intelligence platform is now available on the AmiViz B2B platform and accessible via a mobile app. PolySwarm utilises blockchain technology to crowdsource its malware feed and provide fresh, actionable threat intelligence that enterprises can use to combat emerging threats. The platform provides multi-engine scanning and file-based vulnerability assessments, as well as live and historical hunting capabilities. READ ALSO:GitHub’s Copilot adds chat and voice feature for improved developer assistance Binance Hosts Virtual Super Meet-Up in…