Richard Southey, Managing Executive: Payments as a Service, Absa CIB has co-authored an article where he says that Africa's relevance to the evolution of global finance is significant. The continent's experience, particularly in cross-border payments, provides a glimpse into what tomorrow's increasingly digital, data-driven global financial system could look like. He goes on to say that as artificial intelligence (AI), automation and real-time data reshape how businesses make decisions, manage supply chains and deploy capital, the infrastructure that moves money across borders must evolve too. Mr Southey spoke to Thami Ngubeni to share his thoughts.

Richard Southey, Managing Executive: Payments as a Service, Absa CIB has co-authored an article where he says that Africa's relevance to the evolution of global finance is significant. The continent's experience, particularly in cross-border payments, provides a glimpse into what tomorrow's increasingly digital, data-driven global financial system could look like. He goes on to say that as artificial intelligence (AI), automation and real-time data reshape how businesses make decisions, manage supply chains and deploy capital, the infrastructure that moves money across borders must evolve too. Mr Southey spoke to Thami Ngubeni to share his thoughts.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Richard Southey, Managing Executive: Payments as a Service, Absa CIB 

Kenya is hosting the Africa Commerce and Industry Summit 2026 in Nairobi from October 14 to 16. The event has brought together business leaders, investors, and policymakers from across Africa to enhance trade and investment.

The summit will focus on the opportunities presented by the African Continental Free Trade Area (AfCFTA), which aims to establish a unified African market for goods and services and promote intra-African trade. Organizers anticipate the participation of over 5,000 delegates from more than 50 countries, in addition to over 350 exhibitors and numerous chamber representatives.

The President of the South African Chamber of Commerce and Industry (SACCI), Mtho Xulu, is attending the summit and spoke to Thami Ngubeni to talk about some of the objectives of the conference.

Kenya is hosting the Africa Commerce and Industry Summit 2026 in Nairobi from October 14 to 16. The event has brought together business leaders, investors, and policymakers from across Africa to enhance trade and investment.
The summit will focus on the opportunities presented by the African Continental Free Trade Area (AfCFTA), which aims to establish a unified African market for goods and services and promote intra-African trade. Organizers anticipate the participation of over 5,000 delegates from more than 50 countries, in addition to over 350 exhibitors and numerous chamber representatives.
The President of the South African Chamber of Commerce and Industry (SACCI), Mtho Xulu, is attending the summit and spoke to Thami Ngubeni to talk about some of the objectives of the conference.

Kenya is hosting the Africa Commerce and Industry Summit 2026 

In today's market segment, we examine Africa's energy sector. With global initiatives such as the World Bank and African Development Bank's Mission 300 aiming to address Africa's electricity gap, decentralized energy is anticipated to play a significant role in improving access to power and fostering sustainable economic growth throughout the continent. We discuss Standard Bank's contribution to the decentralized energy ecosystem through innovative financing structures, risk-sharing partnerships, and local currency funding solutions. Additionally, we will explore how energy access is evolving beyond simple electrification to act as a catalyst for economic productivity, enabling farmers, small and medium-sized enterprises, manufacturers, and communities to stimulate growth, create jobs, and enhance Africa's long-term development prospects. Joining us for this discussion, Thami Ngubeni spoke to  Brian Tahinduka, Executive Head of Energy, Infrastructure & Mining for Business & Commercial Banking (Africa Regions & Offshore), Standard Bank Group.

In today's market segment, we examine Africa's energy sector. With global initiatives such as the World Bank and African Development Bank's Mission 300 aiming to address Africa's electricity gap, decentralized energy is anticipated to play a significant role in improving access to power and fostering sustainable economic growth throughout the continent. We discuss Standard Bank's contribution to the decentralized energy ecosystem through innovative financing structures, risk-sharing partnerships, and local currency funding solutions. Additionally, we will explore how energy access is evolving beyond simple electrification to act as a catalyst for economic productivity, enabling farmers, small and medium-sized enterprises, manufacturers, and communities to stimulate growth, create jobs, and enhance Africa's long-term development prospects. Joining us for this discussion, Thami Ngubeni spoke to&nbsp; Brian Tahinduka, Executive Head of Energy, Infrastructure &amp; Mining for Business &amp; Commercial Banking (Africa Regions &amp; Offshore), Standard Bank Group.

World Bank and African Development Bank's Mission 300 aiming to address Africa's electricity gap

The Big 5 Construct Kenya is returning for the ninth edition to Sarit Expo Centre in the capital Nairobi. Those in the sector say that the country's construction sector continues to see activity across a substantial project pipeline, valued at $26 billion. The event which runs from the 21st – 23rd of October, brings together more than 150 exhibitors from over 25 countries. To talk about what to expect this time around, Thami Ngubeni spoke Josine Heijmans, Senior Vice President of dmg events

The Big 5 Construct Kenya is returning for the ninth edition to Sarit Expo Centre in the capital Nairobi. Those in the sector say that the country's construction sector continues to see activity across a substantial project pipeline, valued at $26 billion. The event which runs from the 21st &ndash; 23rd of October, brings together more than 150 exhibitors from over 25 countries. To talk about what to expect this time around, Thami Ngubeni spoke Josine Heijmans, Senior Vice President of dmg events

Richard Southey, Managing Executive: Payments as a Service, Absa CIB

Business Africa

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