Digital Payments Surge and the Dawn of Africa’s Cashless Economy

Digital Payments Surge and the Dawn of Africa’s Cashless Economy

As Africa accelerates toward a cashless future, digital payments are no longer a fringe convenience — they are rapidly becoming the backbone of commerce, personal finance, and cross‑border trade across the continent. Recent data and industry trends reveal a profound transformation in how Africans transact, access financial services, and participate in the digital economy.   Mobile Money: Africa Leads Globally According to the 2025 “State of the Industry Report on Mobile Money” from GSMA, Africa…

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How Environmental Changes Are Fueling Conflict Across Africa

How Environmental Changes Are Fueling Conflict Across Africa

Across the African continent, the effects of climate change are intensifying security challenges, heightening humanitarian pressures, and accelerating displacement on a scale that regional institutions now describe as alarming. Recent assessments by the African Development Bank, United Nations agencies, and environmental research groups indicate that droughts, rising temperatures, erratic rainfall, and flooding are driving communities into direct competition over land, water, and grazing routes, while amplifying long standing social and economic grievances. In the Sahel,…

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Advancing Maritime Security through Indigenous Surveillance Technologies

Advancing Maritime Security through Indigenous Surveillance Technologies

Nigeria and other African nations are increasingly turning to homegrown surveillance technologies to address persistent maritime security challenges, including piracy, illegal fishing, smuggling, and oil theft. Experts say that indigenous solutions can improve monitoring capabilities, strengthen regional cooperation, and stimulate local technological and economic growth. Africa’s maritime domain spans vast shipping lanes, critical offshore energy installations, and fishing zones. In Nigeria, maritime trade accounts for over 90 percent of imports and exports, yet the Gulf…

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As Foreign Banks Depart, African Economies Face Urgent Call for Competitiveness Reform

As Foreign Banks Depart, African Economies Face Urgent Call for Competitiveness Reform

Nairobi, Kenya – African economies are entering what analysts describe as a critical juncture, as a wave of withdrawals by foreign banks prompts an urgent reassessment of competitiveness, regulation and financial sector strategy across the continent. Recent years have seen a growing exodus of major global banking institutions from Africa. European and UK-based banks that for decades operated in multiple African markets are now scaling down or completely exiting. According to latest reports, Africa’s overall…

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Detty December Emerges as Growth Engine for West African Leisure Economies

Detty December Emerges as Growth Engine for West African Leisure Economies

As the year draws to a close, cities across West Africa come alive — not just with festive spirit, but with significant economic energy. The seasonal phenomenon known as Detty December — a period of heightened celebrations, return‑home gatherings by diaspora communities, concerts, nightlife, and holiday tourism — continues to cement itself as a major driver of leisure‑economy growth in the region. In 2024 the economic impact was especially pronounced in Lagos, where official figures…

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