digital
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Nigeria’s digital economy is projected to generate $18.3 billion in revenue by 2026, a significant increase from $5.1 billion in 2019 and nearly $10 billion in 2021. This expansion is driven by a combination of regulatory changes, private sector innovation, expanding connectivity, and dynamic digital policy frameworks. However, despite this growth, challenges remain, including structural […]
A new study details the significant economic impact of digital payments in the United States. Conducted by PwC for the Electronic Transactions Association (ETA), the analysis is the first comprehensive assessment of the value of digital payments across various commerce sectors. The study, utilizing data from 2024, reveals that digital payments contribute substantially to the […]
Paga, a Nigerian fintech startup, has launched a digital banking service in the United States, specifically targeting the African diaspora. This marks the company’s expansion into the US market. About Paga Founded in 2009, Paga operates a consumer digital wallet, a business-to-business infrastructure platform called Paga Engine, and Doroki, a retail and small and medium-sized […]
Africa’s digital economy is anticipated to expand significantly, reaching over USD 700 billion by 2050 from approximately USD 115 billion in 2022. The Digital Assets Summit Africa (DASA) 2026 is planned to contribute to this growth. The two-day summit will take place September 29-30, 2026, at the Kempinski Hotel Gold Coast City in Accra, Ghana. […]
Nigeria is preparing to approve a legislative framework to regulate artificial intelligence. This move would position the nation as a leader in Africa for overseeing the rapidly expanding digital economy. While Nigeria released a draft AI strategy in 2024, gaps in regulation remained. The forthcoming National Digital Economy and E-Governance Bill aims to address these […]
Kenya’s School of Government (KSG) is in discussions with Huawei’s local unit regarding a potential partnership. The collaboration is intended to support digital transformation within Kenya’s public sector. The talks involve a possible memorandum of understanding focused on areas such as cloud computing, artificial intelligence, and cybersecurity skills development. Digital Transformation Support KSG is exploring […]
Tether, the issuer of the world’s largest stablecoin (USDT), has announced a partnership with the United Nations Office on Drugs and Crime (UNODC). This collaboration aims to strengthen the digital economy of Africa and aligns with the UN’s “Strategic Vision for Africa 2030.” The initiative seeks to balance the region’s rapid cryptocurrency adoption with robust […]
Smart Africa has launched a Request for Proposal (RFP) seeking qualified consultancy firms to assess digital entrepreneurship and innovation regulatory and policy environments across eight African countries. The initiative aims to strengthen these frameworks and develop tailored support pathways for digital entrepreneurs and innovators. This assignment presents an opportunity to contribute to Africa’s digital transformation […]
Zimbabwe is advancing its space technology ambitions with the planned launch of ZIMSAT-3. The project is positioned as a cornerstone of the country’s drive toward a knowledge-based and digitally enabled economy, aligning with the National Development Strategy 2 (NDS 2) for 2026–2030. National Development Strategy Alignment ZIMSAT-3 is part of a broader push under NDS […]
The Pan African AI & Innovation Summit 2026 will prioritize the tourism and hospitality sector, emphasizing artificial intelligence’s role in Africa’s expanding experience economy. The summit is projected to draw over 2,000 delegates to Accra, Ghana. The event, scheduled for September 22-23 at the Kempinski Hotel Gold Coast City, aims to connect technology developers, tourism […]