Tag: AfricaBusiness

Cyber risk is no longer a peripheral IT issue in African supply chains. Instead, it is becoming a core operational threat. According to the Association of Chartered Certified Accountants (ACCA), 70% of organisations report experiencing fraud or economic crime. Cyber-enabled fraud ranks among the fastest-growing categories globally, according to the ACCA Global Economic Crime and Fraud Survey.

For most of the past decade, African fintech was a land grab. Valuations rewarded user numbers. Interfaces became flashier. “Disruption” became the pitch that attracted capital investment. From the outside, it was clear that the model was running hotter than it could sustain. However, that era is over.