E-Business
Invest Africa partners S-RM to Help African Businesses Build Confidence and Resilience
Invest Africa, a leading business platform promoting trade and investment in Africa, is pleased to announce a strategic partnership with global corporate intelligence and cyber security consultancy, S-RM. The combination of S-RM’s intelligence and strategic support, with Invest Africa’s well-established network, will help business leaders and investors in their critical decision-making and ultimately provide them with the confidence to navigate risk and build resilient businesses on the continent.
The increasing reliance on digital technologies in Af0rica, and the evolving regulatory, business, political, ESG, and cyber threat landscapes, underscore the importance of actionable intelligence and cyber resilience in driving sustainable economic growth. As the trusted entry point to business in Africa, Invest Africa will benefit from S-RM’s rapid and carefully sourced insights on integrity and operational risks to navigate business decisions and policies.
The one-year partnership will involve a programme of activities to meet S-RM’s key objectives on the continent and across the globe. Initiatives include Invest Africa’s 11th Annual Mining Series in Cape Town, where S-RM will be profiled as the company’s Strategic Intelligence Partner. S-RM’s focus for the collaboration is to provide Invest Africa’s member network with industry-leading intelligence, resilience, and response solutions.
Having retained a permanent presence on the African continent for nearly two decades, and with over 50 practitioners currently on-the-ground, S-RM is well positioned to support Invest Africa’s members in all of their Africa-related decision making.
Chantelé Carrington, CEO, Invest Africa, said: “In a world that is growing increasingly complex and interlinked, investors must navigate a kaleidoscope of intertwined political, economic, and environmental risks, creating a dynamic and multifaceted challenge for those doing business in Africa and beyond.
“We are pleased to partner with S-RM to provide rapid on the ground intelligence to our network, and to support our overarching mission to play a central and influential role in Africa’s socio-economic growth.”
Ian Massey, Head of Corporate Intelligence, EMEA, S-RM, said: “Supporting investment across Africa has been central to S-RM’s story over the last two decades. Many of the company’s early projects involved advising clients investing or establishing operations on the continent, and since then our team has built a strong reputation for Africa-focused work.
“In today’s world, risk convergence continues to accelerate for business leaders across the (geo)political, integrity, ESG, cyber and reputational spectrums, and S-RM is excited to partner with Invest Africa to help investors unlock opportunities across Africa.”
E-Business
Ride the ‘Wicked’ Wave: Temu Brings Green Magic to Christmas
Temu is set to enchant the holiday season with its unique blend of green magic, bringing a touch of festive wonder to Christmas celebrations. The initiative, themed “Ride the ‘Wicked’ Wave,” promises to deliver an unforgettable experience, combining technology, entertainment, and commerce to create a magical holiday atmosphere.
Temu’s green magic initiative aims to captivate audiences with a variety of festive offerings, from fashion to home decor, handmade crafts, beauty items, chic clothes, shoes, and more.
The platform’s innovative approach ensures that customers can enjoy a seamless shopping experience, with free shipping on all orders1.
As part of the celebration, Temu has also introduced a magical winter Christmas backdrop, perfect for creating a festive ambiance at home.
This backdrop, made from high-quality polyester, is designed to bring the spirit of the season to life, making it an ideal addition to any holiday decor.
With its commitment to providing exceptional products and services, Temu continues to set new standards in the e-commerce industry, ensuring that customers can enjoy the magic of Christmas in style
E-Business
Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams
With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains.
Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages.
Fake holiday shops
Deceptive online stores mimic the look and feel of legitimate e-commerce sites, offering seasonal items such as decorations, gifts, and even trees at steep discounts.
These sites often appear highly localised, adapting their language and currency based on the user’s geographic location, leveraging data extracted from browsers.
Victims typically encounter these stores by following links in ads or pop-ups.
These sites aim to steal funds. Often, these fraudulent stores exist only for a short period, as they get flagged by the vendors of goods.
Free mobile data offer
This scam plays on the allure of free services, claiming to provide free mobile data valid across all major telecom providers.
In order to receive the free data, victims are required to share the promotion link with 10–15 contacts via WhatsApp, ensuring the scam spreads exponentially.
After sharing, victims are prompted to enter their personal details — name, phone number, and email — into a form.
The collected data is then sold on the Dark Web or used in other fraudulent activities.
In some cases, victims unknowingly download malware that compromises their devices, leading to further exploitation.
Holiday payments on behalf of government agencies
Fraudsters impersonate government authorities, promising fictitious payments in celebration of the holidays.
This scam has been reported in several African countries, including Kenya and Nigeria.
To receive payment, victims are directed to fill out a survey which requires personal details like name and phone number.
Once the survey is completed the user is asked to share the link to the announcement with their connections via WhatsApp.
These details are collected and added to fraudulent databases, then sold to third parties or used for phishing attacks and identity theft.
This scam exploits trust in government systems and the festive spirit of giving.
Christmas recipe scam
This scam begins with a seemingly harmless email promoting a holiday cake recipe.
Victims are encouraged to pay a small fee to access the recipe.
Once payment is made, the victim’s credit card information is stolen. The fraudsters also collect other personal information essential for accessing banking services.
“Holiday scams are not a new phenomenon, but they have evolved to become increasingly sophisticated, leveraging regional traditions and technology to exploit unsuspecting victims.
The rush of the holidays makes people more vulnerable — they’re distracted, eager to grab a deal, or trust promotions that align with festive themes. Cybercriminals are not just stealing money — they’re building massive databases of personal information that fuel future fraudulent schemes.
The holiday season is a time for joy and giving, but users need to remain vigilant to ensure they’re not unknowingly giving fraudsters the tools to exploit them further,” said Olga Svistunova, Senior Web Content Analyst at Kaspersky.
E-Business
Hackers Seize NBS Newly Redesigned Website
Cybercriminals have persisted in targeting Nigerian government websites, with the most recent attack on the National Bureau of Statistics (NBS).
The NBS confirmed the development in a brief statement posted on its X (formerly Twitter) account
It said that its newly redesigned official website has been hacked.
The NBS disclosed the incident and assured the public that efforts are underway to recover the website.
It urged the public to disregard any messages or reports posted until the full recovery of its website.
The statement on X read: “This is to inform the public that the NBS website has been hacked, and we are working to recover it. Please disregard any message or report posted until the website is fully restored.”
The NBS plays a vital role in Nigeria’s development, serving as the official statistical agency responsible for collecting, analyzing, and disseminating statistical data on the country’s economy, governance, and development
This marks the latest in a series of attacks on Nigerian government websites, a trend that has been ongoing for some years.
From government ministries to officials, cyberattacks in Nigeria have surged to alarming levels, with even financial institutions falling victim.
The Nigerian Communications Commission (NCC) and National Information Technology Development Agency (NITDA) frequently issue warnings of cybercriminals targeting individuals, government entities, banks, and telecom companies.
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