Policy & Regulation

Malatsi wants South Africa’s AI policy back on track after false start

South Africa's Minister of Communications and Digital Technologies, Solly Malatsi, is working to rebuild the nation's national artificial intelligence policy framework. After withdrawing an earlier draft due to fabricated academic citations generated by AI, the ministry has instituted disciplinary proceedings and appointed an expert advisory panel to produce a verified policy.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

Moniepoint UK made $36,284 after taking on MonieWorld customers

Moniepoint UK Limited generated $36,284 in revenue for 2025 following the migration of customers from its diaspora remittance product, MonieWorld. The figure reflects one month of activity as the group reassesses its UK market footprint amidst rising competition and operational expenses.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

Five months after running out of capital, Chimoney gets a new owner

Financial technology startup Chimoney has been acquired by CapitalSage Vantage Limited, five months after announcing its closure due to capital depletion. The acquisition revives the cross-border payment platform, settles outstanding obligations, and secures a regulated pathway for international expansion.

AfroTech Horizon Newsroom 2 min read