The African Development Bank has expressed strong support for revitalizing the African Union (AU) Peace Fund, pledging to continue implementing innovative strategies to address fragility and build resilience across the continent. Mrs. Marie-Laure Akin-Olugbade, the Bank’s Vice President for Regional Development, Integration, and Business Delivery, said this during a high-level meeting on Saturday aimed at mobilizing...
Day: <span>2 August 2024</span>
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Bank of Ghana granted Flutterwave a payment Service Provider License
Flutterwave has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana. The milestone marks a significant expansion of Flutterwave’s operations in Africa, enabling the company to offer a comprehensive suite of payment services directly within, and through Ghana. Ghana presents an exciting market for Flutterwave’s innovative solutions. With a stable...
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Cassava Technologies launches its own Artificial Intelligence (AI) business unit, Cassava AI
Developing Markets technology systems integrator Cassava Technologies (Cassava) has announced that its AI activities will now operate as a separate business unit, Cassava AI. Since the advent of Generative AI, Cassava has forged strategic partnerships with industry giants such as Microsoft, Google, AWS, Anthropic, Oracle, Atlas AI, Cerebras and Palo Alto Networks. These partnerships enable...
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Expert Analysis: 10 ways How AI will effect Media Advertising Spend?
AI is set to significantly transform media advertising in several ways, improving efficiency, personalization, and effectiveness. Here’s a look at some of the key impacts: 1. Enhanced Targeting and Personalization 2. Optimized Ad Spend 3. Improved Ad Creative 4. Enhanced Customer Insights 5. Automation and Efficiency 6. Enhanced Fraud Detection 7. Enhanced User Experience 8. Real-Time Analytics and Feedback 9. Creative Innovation 10. Ethical Considerations...
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Kylian Mbappe’s Interconnected Ventures becomes majority owner of Ligue 2 club Caen
Interconnected Ventures, the company founded by French soccer star Kylian Mbappe, has acquired Ligue 2 club Stade Malherbe Caen. Interconnected will acquire 80 per cent of Caen’s shares in a deal reportedlyworth between €15 million (US$16.2 million) and €20 million (US$21.7 million). Interconnected chief executive Ziad Hammoud is set to become chairman of the club. US asset management...