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Keeping up with the Fintech Trend

Live: World Economic Forum 2023 opening and special address | WEF 2023

Opening plenary with message by the WEF Chairperson Klaus Schwab, message by the Swiss confederation, followed by a special address. EC President Ursula von der Leyen will then speak followed by a G20 leader. – Opening, welcome remarks by Klaus Schwab, Alain Berset – Special message by Olena Zelenska, First Lady and wife of President Zelenskyy of Ukraine – Special Address by Ursula von der Leyen, President of the European Commission – Address by Liu He, Vice-Premier of the People’s Republic of China. Lea.

By World Economic Forum

Global Recession 2023 & Ukraine Uploads Their Treasures to the Cloud | WEF | Top Stories of the Week

Global Recession 2023 – Kristalina Georgieva, the IMF’s Managing Director, says 2023 will be ‘a difficult year for the world’. The European economy has been severely affected by Russia’s war in Ukraine. Half of the EU will go into recession in 2023, Georgieva says. While for the first time in 40 years, growth in China – the world’s second-largest economy – is not likely to exceed global growth.

By World Economic Forum

Meet the Man Forging Africa's Cashless Future

Tayo Oviosu has plans to migrate cash-reliant consumers in Nigeria and Ethiopia onto his brand-new digital platform, one that also allows users to trade stocks and bonds, too. Many people in African countries rely solely on cash to handle their transactions, but Tayo Oviosu has an idea to change all that—and not just in Africa.

By Bloomberg Originals

WEF launches new champions community South Africa

The World Economic Forum has launched a South African chapter of its New Champions Community. This is an initiative to harness the potential of the SME sector. Global studies have shown that SMEs represent around 90 percent of businesses globally, and according to some estimates, account for about 70 percent of employment and global GDP. To tell us more about the initiative and the work set to be done here in South Africa, and what the anticipated impacts will be, I’m joined by Olivier Schwab, Managing Director at the World Economic Forum.

By SABC News

Why Investors Are Piling into African Startups

Africa’s tech startups raised a record $5 billion in 2021 as investors piled into firms trying to fix the continent’s thorniest problems. But money isn’t flowing evenly.