Hollard, a leading Pan-African insurer, is bucking traditional marketing trends by using unconventional methods to drive financial literacy and encourage insurance uptake in cyclone-prone Mozambique through relatable, yet simple and effective techniques that are rapidly gaining traction.
The op-ed focuses on how Africa represents a growing market with unique opportunities and how it will help to diversify revenue streams for the creative economy.
As the world pivots towards sustainable energy solutions, Mozambique is positioning itself at the heart of this shift with a strategic $80 billion energy transition plan. Home to one of the largest natural gas reserves in Africa and rapidly emerging as a leader in renewable energy, Mozambique aims to harness its vast renewable resources—such as wind, solar, and hydro—while leveraging its gas reserves to foster economic growth and expand energy access.
In line with this vision, the upcoming Mozambique Gas & Energy Summit & Exhibition (19-21 November 2024) will serve as the official platform for stakeholders in the global energy sector. Hosted by dmg events and ENH, this event will bring together key players, from government officials to international investors, to explore project development opportunities and engage in discussions around Mozambique’s sustainable energy future.
Happy Pay raises $1.8 million pre-seed round and secures inaugural debt facility as it accelerates its mission of bringing the cost of consumer credit to zero for South Africans.
An interview with Willys Mac’Olale, Director of Fragomen Kenya, on the innovative opportunities and barriers in using biometrics, particularly facial recognition, for passport-free travel.
Reggie Mlangeni, Head of Sales and Structuring at Absa Corporate and Investment Banking, discusses the unique challenges Africa faces in financial risk management, highlighting how traditional strategies often fall short in the continent’s volatile markets. The article calls for a re-evaluation of risk models, emphasizing the importance of tailored strategies, diversification, and the use of advanced technologies like AI and Machine Learning.
Nikki Kettles, Licences and Payments Regulation Executive at Mukuru, discusses how regulatory barriers often limit fintech innovation and hinder access to financial services for these communities. She highlights the importance of collaboration between fintechs and regulators in overcoming barriers to innovation and expanding access to financial services for underserved communities. Mukuru’s success in holding 49 licenses across 15 countries underscores its deep commitment to working closely with regulators while expanding financial access.
Victor Basta, CEO of investment bank DAI Magister, discusses the ways in which African CEOs can maximise valuations by ensuring they are bought (not sold). This includes leveraging increased interest from overseas acquirers, ensuring buyers possess the financial capacity to meet expected asking prices and stress-testing business plans to stand up to buyer due diligence.
How business-leisure travel has evolved
Vasmobile Fintelco is launching SkoolID, the African School ID and Smart Payment Card, based on the biometric card platform from IDEX Biometrics.