Category: Risk Management
New framework hopes to end risk of phone crime in South Africa
Every day, a stolen identity and a fraudulently registered SIM card somewhere in South Africa can become the opening move in a bank account takeover, [...]
Super El Nino likely to hit African economies hard, warns AfDB
An impending "super" El Niño is likely to inflict a combined US$10 billion-US$20 billion hit on affected African countries and trigger mass migration [...]
AI in healthcare is creating liability risks African insurers cannot ignore
The increasing uptake of artificial intelligence (AI) by hospitals and telemedicine providers is introducing a new layer of risk for insurers, includi [...]
Africa’s AI infrastructure buildout creates new test for insurer sustainability
Global insurers and reinsurers with clients in the compute, data centre and power utility sectors are in for a tumultuous decade as demand grows for i [...]
Africans remain resilient in the face of global challenges agree major institutions
Global economic storms will continue to test African institutions, agreed the continent’s leading bankers and major financial institutions.
Meeting [...]
Companies fear food chain under increasing threat, warns Willis
Fears over food safety and health have risen sharply, with almost half of companies (45%) naming this among their biggest risks, up from 29% in 2024, [...]
Small wind turbines could revolutionise electricty supply in rural Africa, suggests WRI
Much of the conversation around wind power often focuses on large-scale utility wind farms that provide energy to power grids deployed across cities, [...]
Boards warned AI is already creating new risk
South African boards that fail to govern artificial intelligence (AI) are not choosing caution, they are choosing risk, warns Ronelle Kleyn, CEO of Fl [...]
MGAs warned to improve governance around AI in new paper
Managing general agents have been urged to establish formal artificial intelligence (AI) governance frameworks before growing operational, cyber and r [...]
Geopolitical shocks elevate trade credit insurance as Africa’s trade resilience tool
African businesses need little reminder of the disruption caused to supply routes and cross-border trade by geopolitics and war. At any time, ther [...]