Tuesday, May 26

Technology

UAE Hosts Landmark Summit to Chart a New Era in Emerging Tech Governance
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Technology

UAE Hosts Landmark Summit to Chart a New Era in Emerging Tech Governance

• More than 2,000 participants from over 20 countries gathered in Abu Dhabi for two days of high-level discussions The Governance of Emerging Technologies Summit (GETS 2025) concluded this week in Abu Dhabi with a powerful call for collective global action to govern the technologies shaping our societies. Hosted by the Advanced Technology Research Council (ATRC) in strategic partnership with the UAE Public Prosecution, the summit convened a diverse community of policymakers, technologists, legal experts, academics, and youth leaders from more than 20 countries. Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of the United Arab Emirates and Chairman of the Presidential Court, the summit welcomed ...
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Bolt launches Flight Tracking for Scheduled Rides
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Bolt launches Flight Tracking for Scheduled Rides

Bolt will automatically update airport pick-up times for delayed and cancelled flights From today, Bolt customers can sync their flight details when scheduling a ride to pick them up from the airport with Flight Tracking. If a customer’s flight is delayed or cancelled, Bolt will automatically adjust their Scheduled Ride’s pick-up time or cancel the trip at no extra cost. Customers need to tap the ‘Schedule’ button on their home screen next to the destination search and enter the pick-up location (arrival airport) and destination from there as usual to start scheduling their ride. They can choose ‘Add flight details’ and select the flight’s landing date, flight number, airline, or departure city and choose the specific flight. To inform the time their trip is updated to if their fligh...
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Onafriq Partners with Circle to power remittances and cross-border payments with USDC
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Onafriq Partners with Circle to power remittances and cross-border payments with USDC

Onafriq, Africa’s largest payments gateway, and Circle, stablecoin market leader and issuer of USDC, today announced their strategic partnership aimed at transforming cross-border payments and digital financial services. This collaboration marks a significant step towards compliantly leveraging stablecoins and blockchain infrastructure to boost Onafriq’s payment network, positioning it at the forefront of the digital payment’s revolution for real-world financial applications. Currently, over 80 percent of intra-African payments are routed through correspondent banks outside the continent and settled in foreign currencies such as the US dollar or Euro. This results in a staggering US$5 billion in transaction fees annually and undermines economic integration efforts. Onafriq and Circle ar...
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World Press Freedom Day: IT Consortium CEO calls for multi-stakeholder approach to combat dangers of AI
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World Press Freedom Day: IT Consortium CEO calls for multi-stakeholder approach to combat dangers of AI

Romeo Bugyei, the Chief Executive Officer of IT Consortium, one of Africa’s leading tech companies, has urged the media, private sector, and the government to collaborate to fight Artificial Intelligence (AI)-driven misinformation, which he said, can pose a national security threat. Speaking during a workshop organised by the UK-Ghana Chamber of Commerce (UKGCC) and the Institute of Financial and Economic Journalists (IFEJ) to commemorate World Press Freedom Day on the theme, “Reporting in the Brave New World: The Impact of Artificial Intelligence on Press Freedom and the Media,” Mr. Bugyei remarked, “We all know that journalists are not remunerated enough in this country, and since it is not possible to rely on free versions of AI tools all the time to combat AI-driven misinformation, ...
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Zone wants to create an Ethereum blockchain where government-backed regulators have oversight
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Zone wants to create an Ethereum blockchain where government-backed regulators have oversight

Zone is proposing a blockchain where crypto products and financial institutions can co-exist. Left to right: Wale Onawunmi (Co-Founder & CTO Zone) Obi Emetarom ( Co-Founder & CEO Zone) If the Central Bank of Nigeria (CBN) had financial oversight over Ethereum or Solana, anyone launching a token on these blockchains or building a DeFi product would have to follow its rules. Instead of paying gas fees in ETH, we would pay in naira. Ethereum would still function the way it was designed to, but the government would be able to see everything happening on the blockchain. This is one way to think about the blockchain future that Zone is proposing. A global financial ecosystem powered by blockchain where regulation and compliance are embedded into the network. This conce...
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How Payment APIs are Transforming Business Expansion in Africa and Beyond
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How Payment APIs are Transforming Business Expansion in Africa and Beyond

By Solomon Nkansah A new wave of digital infrastructure is reshaping commerce across Africa and other emerging markets. Payment Application Programming Interfaces (APIs), are software tools that automate and secure online transactions, enabling businesses of all sizes to overcome fragmented banking systems, offering faster, cost-effective, and borderless transaction experiences. These digital tools as highlighted in Yellow Card’s e-book are dismantling barriers to commerce, enabling businesses from Lagos-based startups to multinational corporations to transact seamlessly, reduce costs, and tap into global markets. The Rise of Payment APIs in Africa. Payment APIs have become the backbone of Africa’s fintech boom, addressing challenges like high remittance fees (averaging 6–10%), cu...
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Reimagining the Future of Finance in Africa: Velmie Powers Sierra Leone’s First Digital Banking Super App
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Reimagining the Future of Finance in Africa: Velmie Powers Sierra Leone’s First Digital Banking Super App

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie‘s strategic mission to accelerate digital transformation for financial institutions across Africa. Deployed in partnership with Metro Cable, the country’s foremost fiber broadband provider, Vult is already seeing rapid user adoption and is reshaping how Sierra Leoneans engage with financial services. The platform integrates mobile money, card payments, banking services, and bill payments into one seamless and secure user experience — all powered by Velmie’s banking technology. “Africa is one of the most dynamic frontiers for digital financial innovation,” said Paul Shu...
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Kowri introduces “Pay with Voice” for mobile payments
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Kowri introduces “Pay with Voice” for mobile payments

Ghanaian fintech, Kowri, known as the way to pay, has further demonstrated why it is the way to pay. The 2-year-old fintech recently announced the launch of its groundbreaking voice command feature, setting a new standard for digital financial accessibility and convenience in the Ghanaian market. The new voice-activated technology allows Kowri users to execute financial transactions, check balances, and manage their accounts through voice commands – a first for payment platforms in Ghana and around the Sub-Saharan region.This innovative feature, which not only works with English but most Ghanaian languages, including Twi and Hausa, addresses critical needs for users with limited digital literacy, visual impairments, or those seeking faster, more intuitive banking experiences. “We’re ...
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Ghana’s central bank announces moves to regulate cryptocurrency, sets deadline
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Ghana’s central bank announces moves to regulate cryptocurrency, sets deadline

In a major step toward bringing digital currencies under regulatory control, Ghana's central bank has set a September 2025 deadline for cryptocurrency regulation. Ghana's central bank announces moves to regulate cryptocurrency, sets deadline Ghana's central bank sets September 2025 deadline for cryptocurrency regulation Bank of Ghana seeks authority to license and regulate platforms and participants in the virtual asset space Ghana joins other African nations in issuing directives on the use, purchase, and transaction of cryptocurrencies This cryptocurrency initiative, led by Ghana's central bank is expected to provide clarity and stability to the industry, ensuring consumer protection while fostering innovation. The announcement was made by Bank of Ghana (BoG) Gove...
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Zeepay Secures $18 Million Debt Funding to Power Mobile Money Expansion Across Africa
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Zeepay Secures $18 Million Debt Funding to Power Mobile Money Expansion Across Africa

Ghanaian fintech firm Zeepay has secured $18 million in senior secured debt funding to strengthen its working capital and accelerate its expansion across Africa’s booming mobile money and cross-border payment markets. The financing, arranged by South Africa-based advisory firm Verdant IMAP, reflects rising investor confidence in Zeepay’s role as a critical bridge between global remittance networks and local mobile wallets. The new funding will provide crucial float financing support, ensuring Zeepay can manage liquidity demands associated with real-time mobile money transactions and international remittances. As mobile money adoption continues to surge across the continent—often outpacing traditional banking—Zeepay’s services remain vital for millions who rely on fast, affordable digita...
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