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GITEX Africa 2023 – FinBraine’s Top Products Revolutionize the Future of Credit Lending, ID Verification, and Microfinancing

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FinBraine

FinBraine builds next-gen tech solutions by harnessing the power of decision models and advanced predictive algorithms

SINGAPORE, Singapore, May 16, 2023/APO Group/ — 

FinBraine is excited to announce its participation at GITEX Africa 2023 (www.GITEXAfrica.com), a prestigious event showcasing the latest technological advancements and innovations across the African continent. The event, known for its vibrant atmosphere and influential attendees, presents a prime opportunity for to establish valuable connections, forge partnerships, and contribute to the digital transformation journey of Africa.

Africa’s microfinance sector has witnessed slow economic growth over the last few years. Lack of micro-credit institutions, poor distribution networks, and a highly unbanked population are reasons why the general public fails to get access to premium financial services.

Microfinance institutions in the sub-Saharan region are currently in their developmental stages and dealing with the same challenges traditional banks are facing. The need to constantly improve productivity, and performance, and address technological challenges are issues which are inherent to this segment.

FinBraine is an AI and Machine Learning (ML)-based Fintech solution provider that is playing a major role in developing world-class leading technologies for credit scoring and lending requirements. The company takes a client-centric approach to creating business value for organizations coming from diverse industries. FinBraine builds next-gen tech solutions by harnessing the power of decision models and advanced predictive algorithms. Finbraine is best known for its two signature products – CredBraine and IDBraine.

IDBraine is a revolutionary digital KYC solution that makes customer onboarding and identity verification secure, seamless, and hassle-free

CredBraine caters to end to end lending lifecycle management platform and IDBraine caters to custom onboarding journey’s, eKYC and Video KYC. CredBraine is a next-gen lending digital platform that onboards potential borrowers, evaluates the creditworthiness of borrowers and assesses their potential risk when disbursing loans or offering credit and managing the loan lifecycle. The advanced AI/ML capabilities of CredBraine’s decisioning engine improve credit quality and acceptance rates for financial institutions and the platform processes over 2 million loan applications per day. CredBraine can review 25 million accounts yearly and logs 100 million transactions per month which are a testament to its powerful features. In terms of what it offers, CredBraine can track and follow up with debtors for debt recovery, provide automated loan servicing to businesses, and creates scorecards for every industry by using domain specific customer profiles created by our subject matter experts from more than 5000 datapoints that span Telco datapoints, Financial datapoints, Social/Demographic datapoints, Wallet datapoints, Location datapoints, KYC datapoints, Ecommerce Transaction datapoints etc. Automated customer onboarding, credit scoring and decisioning, loan origination and loan servicing are some of its many features.

IDBraine is a revolutionary digital KYC solution that makes customer onboarding and identity verification secure, seamless, and hassle-free. It helps organizations stay compliant with the latest regulatory environments, increases the accuracy of data processing, and improves overall customer experience during the onboarding process. IDBraine has two modes of verification – Biometric KYC and in-app KYC. IDBraine enabled KYC captures data from IDs and performs biometric scans such as ML-based face recognition tests and liveness detection to verify the identity of users in real life and match it with ID documents, thus helping prevent cases of impersonation fraud. Automated OCR-based data extraction from documents is automatically done for instant validation and verification as well. Fingerprint scanning and authentication is integrated as a feature in the product.

Having a centralized repository of KYC records of individuals who apply for loans and borrow credit can make credit management easier for telecom operators, NBFCs, BFSIs, and other industries. Centralized KYC Registry (CKYC) solution by FinBraine offers extensive reporting tools and collects customer records which are made accessible to government bodies, banks, insurance companies, brokers, and various financial institutions. The information housed by the CKYC registry can be viewed at any time and makes it easy to verify users before their applications are processed for granting new loans. It also saves time from repeated KYC processes and eliminates the paperwork involved with manual document submissions since companies can verify and access these records online. Some of the main highlights of CKYC are – comprehensive integration solutions for managing entire KYC requirements, automated data extraction from client-provided documents, propriety data conversion into CERSAI’s bulk upload format, no data duplication, and improved control of management information. CKYC records feature high inter-usability in the finance sector, and it provides automatic updates to customers about their existing verification status. It also features integrations to SMSC for OTP verification, prevents data theft and fraud from the initial stages of practices, and provides ease of customization. The platform offers multi-lingual support as well which makes it convenient to market across different countries.  The biggest benefit of the CKYCR system is that it can be implemented on a national level and the government can enjoy complete transparency when monitoring individual ID cards, linked cards, and SIM cards, on a real-time basis. It also provides individual KYC scores for every citizen.

Use Cases

Telecom companies are facing challenges related to regulatory restrictions, production costs, high handset prices, and operational barriers when it comes to providing handset lending services to customers. FinBraine’s credit decisioning engine is streamlining the handset lending journey for store agents and customers by providing flawless credit risk evaluations and ID verification services. The farming ecosystem suffers from poor financing and FinBraine’s next-gen digital lending solutions are improving the state of organic farming markets by promoting sustainability for the future by offering digital loans and seamless lines of credit. Farmers participate by selling their produce at discounted rates on the Financial Assistance marketplace and purchasing products online. They are rewarded with automatic credit limit upgrades and receive additional benefits which are credited to their digital wallets.

Customers can talk to experts and contact the FinBraine team by submitting a form on their website or send an email to sales@finbraine.com for any product enquiries.

Distributed by APO Group on behalf of GITEX Africa.

Energy

High-Level Minister Roundup to Headline African Energy Week 2026

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African Energy Chamber

African Energy Week 2026 will convene ministers from Algeria, Ghana, Senegal, Zambia and Niger to spotlight oil, gas expansion, reforms and investment opportunities continentwide

CAPE TOWN, South Africa, March 13, 2026/APO Group/ –A high-level ministerial roundup will take center stage at this year’s African Energy Week (AEW) 2026 – taking place in Cape Town from 12–16 October –, convening some of the continent’s most influential energy leaders at a defining moment for Africa’s oil, gas and power sectors. As hydrocarbon expansion converges with accelerating energy transition strategies, the gathering is set to spotlight real-time project execution, regulatory reform and cross-border infrastructure that are actively reshaping Africa’s energy future.

 

Confirmed ministers to date include Algeria’s Minister of Energy and Renewable Energies Mourad Adjal, Ghana’s Minister for Energy and Green Transition Dr. John Abdulai Jinapor, Senegal’s Minister of Energy, Petroleum and Mines Birame Soulèye Diop, Zambia’s Minister of Energy Makozo Chikote and Niger’s Minster of Petroleum Hamadou Tinni.

 

Fresh from a March OPEC+ decision to lift output to 977,000 barrels of oil per day (bpd), Algeria enters AEW 2026 amid a $60 billion sector transformation. The country is also advancing a 500-well exploration drive and accelerating its 1.48 GW “Project of the Century” solar rollout. Gas exports to Europe remains central to the country, supported by hydrogen corridor planning and refinery expansion aimed at boosting capacity to 50 million tons by 2029.

 

Following license extension for Jubilee and TEN to 2040 and the late-2025 restart of the Tema Oil Refinery, Ghana is pushing a $3.5 billion upstream reinvestment plan while settling $500 million in gas arrears. A 1,200 MW state thermal plant and expanded gas processing at Atuabo anchor its gas-to-power shift, alongside a renewed upstream push in the Voltaian Basin.

The participation of these distinguished ministers underscores the scale of opportunity unfolding across Africa’s energy landscape and the urgency of aligning policy with capital

 

Senegal’s delegation comes on the back of strong production momentum, with the Sangomar oil field delivering 36.1 million barrels in 2025, outperforming forecasts, while the Greater Tortue Ahmeyim LNG development ramped up to 2.9 million tons per annum following first gas. Dakar is now prioritizing domestic gas through refinery upgrades at the SAR refinery and preparations for Sangomar Phase 2 to push output beyond 100,000 bpd.

 

Zambia is redefining its power mix after drought-induced hydro shortfalls. New solar capacity – including the 200 MW Chisamba expansion and 136 MW Itimpi Phase 2 – is part of a broader 2,500 MW diversification drive. Cabinet has approved major regional fuel pipelines, while the Energy Single Licensing System fast-tracks approvals. Lusaka targets 10 GW generation by 2030, with solar and wind rising to one-third of supply.

Niger’s presence reflects its emergence as a serious oil exporter, with the fully operational 1,950-km Niger-Benin pipeline now moving up to 90,000 bpd to international markets. Alongside uranium expansion and renewed cooperation with Algeria on upstream assets, Niamey is advancing digital oversight reforms and reinforcing energy sovereignty amid evolving geopolitical dynamics.

 

“The participation of these distinguished ministers underscores the scale of opportunity unfolding across Africa’s energy landscape and the urgency of aligning policy with capital,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Their leadership reflects a continent moving decisively from strategy to execution, creating a platform where investors can engage directly with the policymakers shaping Africa’s next wave of oil, gas and energy growth.”

 

At AEW 2026, this ministerial cohort will be well-positioned to offer investors direct insight into Africa’s most dynamic energy markets – where new barrels, new pipelines and new megawatts are reshaping regional growth trajectories in real time.

Distributed by APO Group on behalf of African Energy Chamber.

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Enlit Africa 2026 Programme: 280+ speakers, African nuclear 2.0, Bruce Whitfield Business Breakfast

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Enlit Africa

The event, taking place 19-21 May 2026 at the Cape Town International Convention Centre, expects 7,200+ attendees and 250+ exhibitors, making it Africa’s largest gathering of energy and water professionals

CAPE TOWN, South Africa, March 12, 2026/APO Group/ –Enlit Africa (https://apo-opa.co/4cEX08g) has released its full 2026 conference programme, featuring 280+ speakers across 8 specialised tracks including a new African Nuclear 2.0 session covering Koeberg’s 20-year life extension and Ghana’s nuclear vendor selection process.

 

The event, taking place 19-21 May 2026 at the Cape Town International Convention Centre, expects 7,200+ attendees and 250+ exhibitors, making it Africa’s largest gathering of energy and water professionals.

Award-winning business journalist and best-selling author Bruce Whitfield will deliver the opening address at the Project & Investment Network Business Breakfast on 19 May, kicking off three days of strategic sessions, deal-making platforms, and technical masterclasses.

New programme content includes:

African Nuclear 2.0 – A dedicated session examining the transition from planning to execution, featuring:

Koeberg Nuclear Power Station’s successful 20-year life extension (Units 1 and 2 now licensed until 2044/2045)

Ghana’s progression to Phase 3 of its nuclear programme, evaluating US, Chinese, and Russian technology bids

West African Power Pool‘s 10 GW regional nuclear capacity target

Small Modular Reactor (SMR) deployment readiness across African grids

Independent Transmission Projects (ITP) – A new session exploring how private investment is unlocking Africa’s transmission bottleneck, featuring global case studies from India’s PowerGrid and lessons for scaling grid capacity across the continent.

Generation Masterclasses – Five interactive roundtables on gas-to-power, nuclear, hydro power, clean coal, and hydrogen.

AI in Africa’s Power Grid – Examining practical deployment realities, real-time analytics, and predictive maintenance applications already in operation across African utilities.

Conference sessions and technical hub sessions on the expo floor are CPD-accredited by the South African Institute of Electrical Engineers (SAIEE) and the South African Institution of Civil Engineering (SAICE).

Co-located platforms:

Water Security Africa features country playbooks from Namibia (55-year potable reuse programme), Uganda (NRW reduction from 42% to 32%), Cape Town (Day Zero recovery strategies), and sector-specific stewardship sessions with Harmony Gold, Heineken, Mediclinic, and Growthpoint Properties.

Project & Investment Network (P&IN), part of the new Level 2 Executive Experience, connects project developers, investors, African utility CEOs, and DFIs through structured matchmaking, ministerial dialogues, and project briefings. Over the past two years, P&IN has facilitated $3 billion in project pitches.

Utility CEO Forum brings together 35+ confirmed utility CEOs under Chatham House Rule for candid, off-the-record strategic discussions on unbundling, prosumer management, and financial sustainability.

Municipal Forum addresses South African municipalities’ distribution, metering, and revenue challenges, including sessions on NRW management, tariff reform, Cost of Supply studies, and electrifying informal settlements.

Technical Hub sessions on the exhibition floor offer free, CPD-accredited training across Power, Renewable Energy & Storage, and Water tracks, with confirmed speakers from Eskom, ENGIE SA, ACTOM, National Transmission Company South Africa (NTCSA), RenEnergy, and Matla Energy.

Site visits on 22 May include Koeberg Nuclear Power Station and the V&A Waterfront desalination plant.

Pass options:
Free expo pass registration: https://apo-opa.co/4bl2bYu

Free expo passes provide access to 250+ exhibitors and CPD-accredited Technical Hub sessions.

Delegate Pass:
Early bird registration closes 3 April 2026. Delegate passes start at R15,100 (Silver), with P&IN Executive passes at R32,000 including access to the Bruce Whitfield breakfast, Level 2 executive lounge, and investor matchmaking.

Download the full programme: https://apo-opa.co/3NwCble

Register: https://apo-opa.co/4cEX08g

Distributed by APO Group on behalf of VUKA Group.

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Binance Secures Second Major Legal Victory in U.S. Court Under Anti-Terrorism Act in Two Weeks

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Binance

US Federal Court in Alabama Dismisses All Claims Against Binance in Latest Lawsuit Victory

JOHANNESBURG, South Africa, March 12, 2026/APO Group/ –Binance (www.Binance.com), the world’s largest cryptocurrency exchange, announced today that a U.S. federal court in Alabama has dismissed all claims against the company in a lawsuit alleging violations of the Anti-Terrorism Act (ATA). This marks Binance’s second major legal victory in an  ATA matter within one week, following their victory in the Southern District of New York.

A Full and Complete Legal Victory

In a detailed 19-page ruling, the Court found the plaintiffs’ complaint to be legally and factually deficient. The court’s decision to dismiss every claim across the board represents a decisive legal victory for Binance.

Sanctions compliance and terrorism financing are serious matters of law – they require evidence, legal rigour, and due process

The judge described the filing as a “shotgun pleading.” The complaint failed to clearly specify the claims and improperly grouped all defendants together without distinguishing individual conduct or liability. The ruling also emphasized that the plaintiffs did not meet the basic pleading standard to provide a “short and plain statement” of their claims.

Following the ruling, the court granted the plaintiffs until April 10, 2026, to file an amended complaint addressing the deficiencies identified. However, the judge warned that failure to adequately address these issues would result in dismissal of the entire case.

Building on Momentum and Upholding Legal Integrity

“This decision reinforces our unwavering commitment to protecting Binance and our community from unsubstantiated and bad-faith lawsuits,” shared Eleanor Hughes, General Counsel at Binance. “Sanctions compliance and terrorism financing are serious matters of law – they require evidence, legal rigour, and due process. Courts have now examined these claims on two separate occasions and found them to be without merit. These outcomes speak for themselves. We will not tolerate attempts to misuse the legal system to target our industry, and we remain as committed as ever to transparency, security, and lawful conduct in everything we do”.

This latest decision follows closely on the heels of Binance’s comprehensive victory in New York (https://apo-opa.co/46Xg0ev), where the Court similarly rejected allegations that the company assisted, participated in, or conspired with terrorists. Together, these rulings reflect Binance’s strong resolve to protect its platform and community.

Binance has consistently invested in industry-leading compliance infrastructure, regulatory engagement, and legal governance. The company will continue to vigorously defend itself against any attempts to bring unfounded claims or misrepresent its operations.

Distributed by APO Group on behalf of Binance.

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