Why Africa’s Approach to Financial Risk Management Needs to Change

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.

AI’s double-edged sword requires a human security approach

Artificial Intelligence (AI) has ushered in both promise and peril for organisations needing to combat cyber threat actors. As ESET Southern Africa Chief Technology Officer, Adrian Stanford, notes, “AI is reshaping the battlefield between cyber attackers and defenders, offering new tools to both sides.”