The venture unit is not the only part of Beltone's technology drive. The group has been building out its own artificial intelligence capabilities through a subsidiary called Robin.
Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice.
A circular issued recently by the CBE expands the legal definition of "financial companies" to include fintech startups, money transfer operators, and SME lenders.
"Growth is outpacing the structures built to hold it. The answer is not more stores, it is a better middle layer." - Larry Hodes, CEO Grow Franchising & FASA Board Member, writes from Johannesburg.
The Cairo-based firm has quietly returned more than ten times invested capital to its first fund. Its method - rooted in infrastructure built two decades ago for mobile telecoms - is worth examining.
Disruptions to tanker traffic through the Strait of Hormuz — which typically handles 20% of global oil flows — have slashed exports through the corridor from 20 million barrels per day to 3.8 million during peak disruptions.
"You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg
UC Berkeley dropout Aubrey Niederhoffer is using food delivery as a wedge to build Africa's next super app. But he is entering a notoriously difficult market.
The venture unit is not the only part of Beltone's technology drive. The group has been building out its own artificial intelligence capabilities through a subsidiary called Robin.
Cairo wants to pay companies to design semiconductors and embedded systems in Egypt, betting that a young engineering workforce can finally shake off the country's outsourcing stereotype.
