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Business

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ICT

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Capital Market

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

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Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

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MTN: The Best Mobile Internet Performance in Nigeria 2025

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ICT

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

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Internet Society Tasks African Policymakers on Opportunity

The Internet Society will call for the adoption of policies and frameworks that expand access and create greater demand for the Internet during the 4th Annual Africa Internet Summit (AIS) in Gaborone, Botswana from 29 May – 10 June, 2016.

Urging policymakers to grasp the opportunity offered by the expansion and growth of the Internet across the continent, the Internet Society will advocate for greater collaboration by all Internet decision-makers in creating an accessible, trusted Internet that benefits all Africans.

The African Internet Summit brings together the Information and Communications Technology (ICT) business and technical community to discuss current Internet issues and challenges. Among the challenges that the Internet Society will address is the need for a policy framework to further Internet development throughout the region.

Rapid urbanisation, increased consumer spending power and international investments have fueled economic development in Africa over the past decade, resulting in some of the highest GDP growth rates in the world. Africa has also achieved major strides in Internet access with close to a third of the population connected.

“Africa sits at a tipping point for Internet expansion and the continent is poised to help drive growth of the global Internet. But to make the opportunities for social and economic gains a reality, it is paramount that the right policies are in place,” explains Dawit Bekele, Africa Regional Bureau Director for the Internet Society.

“Policymakers have a critical role to play in creating an environment that enables investment in Internet infrastructure and ensures that the Internet is used to address Africa’s development challenges,” he added.

In addition to urging policymakers to act, the Internet Society will shine a light on digital trailblazers during a “Connected Women in Africa” panel session on June 6th.

The session explores how to get more women involved in developing and using Internet technology across Africa, as well as highlighting women who are already bringing about significant change through their work with the Internet.

Kathy Brown, President and CEO of the Internet Society will lead a panel discussion that features women voices including Agang K. Ditlhogo, co-founder of The Clicking Generation, a start-up that offers computing and technology curriculum to under-privileged children in rural areas in Botswana.

Also on the panel is Dorcas Muthoni, an inductee of the Internet Hall of Fame and a computer scientist from Kenya who founded a software company that is now a leading e-Government and Business Software Services firm in East Africa.

“Increased connectivity brings with it a new generation of digital entrepreneurs. We want to encourage and inspire others by highlighting women who have overcome barriers and paved the way forward for the Internet in Africa,” said Kathy Brown, President and CEO of the Internet Society.

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JUMIA Seeks Better Infrastructure for e-Commerce in Africa

Francis Dufay, the Managing Director of JUMIA Côte d’Ivoire has called for better infrastructure to foster rapid and sustainable growth of the e-commerce sector in Africa. He said Côte d’Ivoire "has the basics of the different types of infrastructure" needed for e-commerce and "the challenge remains to improve each of these elements." E-commerce is based on four key infrastructures: Internet, logistics, payment and the legal framework. Although JUMIA managed to transcend the limitations inherent to each type of infrastructure, allowing it to route some 2,000 parcels daily, several points would benefit from qualitative evolutions; including: Logistics with a need for; better roads, 3PL offering the highest quality of service at competitive prices and a more comprehensive addressing system. Payment; where the widespread adoption of cashless payment methods such as mobile money for which JUMIA enjoys the expert support of MTN, should be encouraged. The regulatory and organisational framework could benefit from more education for stakeholders for a better understanding of contractual implications. And internet, whose penetration estimated at 8 million people in Côte d'Ivoire, remains curtailed.

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