Bites from FINTECH Week 2022
By Guardian Exclusive
17 November 2022 | 11:15 am
FINTECH Week 2022 is the largest gathering of Fintech players, innovators, regulators, investors, big techs, developmental communities, and several other players in Africa and from across the globe.
In this article
Without doubt football (that is, soccer) is the most popular sport in Africa. Indeed, football is probably the most popular sport in every African country, although rugby and cricket are also very popular in South Africa.
Earlier this week the IMF said sub-Saharan Africa faced its “most challenging environment in years”, with the region's pandemic recovery disrupted by surging inflation, rising interest rates and a global slowdown.
A lockdown is now in place in the two central districts of Uganda where Ebola has claimed at least 19 lives. Most of the country's immediate neighbors are taking action to keep the deadly virus out.
Western nations have promised $8.5 bln to kick-start South Africa's transition from polluting coal to green energy - but sources close to the plan say it needs five times as much.
Researchers in Botswana and South Africa, who separately identified the COVID-19 omicron variant, are the winners of the 2022 German Africa Award.
The warring sides in Ethiopia's two-year-long brutal conflict head to South Africa for peace negotiations, although the talks are pushed back to Tuesday. Staying in South Africa, President Cyril Ramaphosa submits his "action plan" in response to the Zondo Commission's report into graft and fraud in the public sector under his predecessor Jacob Zuma.
A famine is increasingly likely in East Africa as rains fail for the fourth consecutive year. Violent conflicts in the Horn of Africa are undermining efforts to help the populations in need.
Peace talks aimed at ending the two-year-old conflict in the Tigray regions of Ethiopia have begun in Pretoria. The negotiations follow a surge in violence in recent weeks.
Kenya is the latest nation to report cholera as Africa sees a spike in cases, especially in flood-hit Nigeria and Cameroon. This comes as WHO cut vaccine doses because of a supply shortage.
Sikhulile Moyo und Tulio de Oliveira discovered the Omicron coronavirus variant, an achievement for which they were recognized, but also insulted and threatened.
King Misuzulu was formally declared the head of the country's most influential traditional monarchy at a ceremony in Durban. The new king will first need to repair royal family ties after a bitter succession feud.
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The Pakistani Embassy in Kabul came under attack Friday, where a guard was injured. The offices of warlord politician Gulbuddin Hekmatyar were also targeted by suicide bombers, two of whom were killed.
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It is still unclear whether the squad could be set up again under a new mandate. The death of a young woman arrested by the "morality police" for improperly wearing a hijab sparked months of protests in Iran.
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Moldova relies heavily on Russia and Ukraine for energy and has been badly hit by Russia's invasion of its eastern neighbor. In this interview, Moldovan PM Natalia Gavrilita explains the challenges her country faces.
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We look at shocking video footage of migrants being tasered or beaten by law enforcement in June at Melilla, a Spanish border post with Morocco. An investigation by several European newspaper sheds light on the violence, in which at least 23 asylum seekers were killed.
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At least eight monks including their chief abbots were found positive for methamphetamine during unannounced testing in Phetchabun province on November 28.