Africa’s financial infrastructure story is moving fast. This week’s update tracks the cables, card access, fintech banking moves, AI insurance, cybersecurity alerts, stablecoin rules, and payment rails shaping the next phase of African banking and fintech.
At 1.44x price-to-book, analysts questioned the premium. Nedbank's CEO didn't flinch. This isn't a balance sheet play. It's a technology acquisition that could reshape African banking forever.
Gabon is building a national data centre in the Nkok SEZ, led by ST Digital and backed by the Ministry of the Digital Economy. Due in five months, the sovereign-cloud hub will keep sensitive data on-shore, power telemedicine, e-learning and digital banking, diversify the economy, and create green tech jobs.
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