Author: overtheborders

The pilot died after his plane got out of control and crashed at a South African airshow.The crash happened on Saturday at the West Coast Air Show in Sardanha, a town about 70 miles (110 km) north of Cape Town.Video footage shows an airplane spinning through the air before it plunges to the ground.In a statement shared on social media, the show's organizers named the pilot James O'Connell.”It is deeply saddened that the West Coast Air Show organizers confirm a fatal accident involving James O'Connell, a highly skilled and respected test pilot from South Africa,” the statement said.”O'Connell was running…

When Visa invested in Nigeria's Fintech Mony Point earlier this year, it wasn't just a test of the newly-built unicorns – it took a bold new direction. As part of that deal, Nigerian Fintech is best known for building one of Africa's largest business banking platforms, suggesting plans to integrate with Visa Direct. This strategy is now shaped by the launch of Monieworld, starting with the UK-Nigeria corridor, the first foray into financial services focused on Diaspora. However, this is not just another play on the amount of money transferred, claims founder and CEO Tosin Eniolunda. “We're not trying to…

VISA has joined the African FinTech Monie Point as a new investor. Business Banking and Payment Platform are confirmed by Techniccrunch that both companies are promoting financial envelopes and trying to support the growth of small and medium -sized enterprises (SME) throughout Africa. I did. According to sources close to transactions, Fintech, which announced $ 110 million in October last year, received more than $ 10 million from VISA. Fintech, now Series C, is currently over $ 120 million, is in consultation with other investors and is reportedly likely to attract more money in the next few months. The Mony…

new york , February 12, 2025 /prnewswire/ – Report on the impact of AI on market trends – The market size of global commercial airlines is 43.02 billion US$ According to Technavio, from 2025 to 2029. The market is estimated to grow at a CAGR of 8.7% during the forecast period. Increased air traffic is driving market growth and tends to increase preferences for smart airports. However, increasing operating expenses is a challenge. Key market players include Air China Limited, Air France KLM SA, Air Transport Services Group Inc., American Airlines Group Inc., ANA Holdings Co. Ltd., China Southern Airlines…

Turkish Airlines chooses an open source AI platform to support the implementation of intelligent workloads focused on improving dynamic pricing, preventing fraud and reducing fuel consumption BOSTON – Red Hat Summit, May 21, 2025 – (Business Wire) – Red Hat, one of the world's leading providers of open source solutions, today announced that Turkish Airlines (IST: Thyao), Turkiye's flagship carrier airline, has chosen Red Hat to help transform into an organization of data and AI. Turkish Airlines can now use Red Hat OpenShift AI and Red Hat OpenShift to create new development environments in minutes rather than hours, allowing data…

Archer has announced that he has signed a contract outlining plans to deploy the early fleet of Midnight aircraft to Ethiopian Airlines, a member of the largest airline in Africa and Star Alliance, under the Archer's “released edition” program, which costs up to $30 million. Archer today announced that it has signed a contract outlining plans to deploy the early fleet of Midnight aircraft to Ethiopian Airlines, a member of the largest airline in Africa and Star Alliance under Archer's “released edition” program, up to $30 million. The company is working together to build an air taxi network in the…

Visa Inc. (NYSE:V) is one of the best 500 shares to buy according to the billionaire. On June 20th, Visa announced its strategic partnership with Yellow Card. The purpose of this collaboration is to enhance cross-border transactions using Stablecoin Technology, with a focus on streamlining financial operations and improving liquidity management. This partnership will enable cross-border USD transactions using blockchain technology, reducing payment costs and enabling ongoing village capabilities, including weekends and holidays. Visa has already driven more than $225 million Stablecoin transactions over the network between participating clients. Visa, Yellow Card Partners Increase Cross-Border Stubcoin Transactions in Africa A…

I came across a bullish paper from Pitchstack Investing Subscack by Archer Aviation Inc. This article summarizes the Bulls paper on ACHR. Archer Aviation Inc's share was trading at $10.20 as of June 18th. The 10 Most Powerful Countries in Africa Marina Zezelina / Shutterstock.com Archer Aviation is the forefront of the emerging electric vertical takeoff and landing (EVTOL) industry, aiming to revolutionize urban air movement with innovative aircraft design and operational models. The company recently secured $850 million in funding, bringing total liquidity to around $2 billion. This is expected to provide sufficient funding to Archer through key operational…

Summary: WorldPassports reports more than 7,500 downloads of the newly updated 2025 e-book, reflecting the growing demand for current guidance on a second-hand citizenship and global mobility strategy. DeWater Cant, Cape Town, South Africa – (NewsFile Corp.- May 5, 2025) – WorldPassports, the second citizenship and global mobility solutions platform, has announced that its newly updated 2025 EBook is surpassing 7,500 downloads. The milestone reflects growing interest in the latest guidance on changes to second citizenship, residence options and nationality law across multiple regions. The 2025 edition of the eBook was released to provide readers with current practical information on…

Archer Airlines (ACHR) announced it has signed a contract with Ethiopian Airlines, making it the second customer plan to roll out Archer's midnight under the “Launch Edition” program. Ethiopian Airlines, the largest airline in Africa and a proud member of the Star Alliance, operates an extensive global network offering over 140 international destinations across five continents. The two will work to bring an all-electric air taxi network into the area using Archer's Midnight Aircraft. First published fly – The ultimate source of financial news that moves to the market in real time. Try it now >> See the best stocks…