Gold Rush: How Ghana’s New Gold Refinery Might Affect Its Currency
Ghana, known as the “Gold Coast,” has made a big move to get more value from its gold. The Royal…
Tag: investment
The Surge in African Start-Up Funding: What It Means for the Future
In a remarkable turn of events, African start-ups achieved an unprecedented milestone in July 2024, raising $420 million—marking the highest…
Nigeria’s 9Mobile Gets New Owner Amid Controversy
Nigeria’s fourth-largest telecom operator, 9Mobile, has been acquired by LH Telecommunications Limited, a Nigerian company registered in April 2023. The…
IMF Grants Ethiopia $3.4 Billion Loan Amid Currency Floating
Ethiopia has received a $3.4 billion loan from the International Monetary Fund (IMF) after deciding to let its currency’s value…
Inside Southern Africa’s Renewable Energy Sector
Southern Africa’s energy landscape is evolving, with renewable energy playing an increasingly significant role. This shift presents opportunities and challenges…
Kenya’s Finance Bill 2024: Economic and Technological Implications
Kenya has in the past few days faced civil unrest as its Gen Z citizens protest against the proposed Finance…
Why Nigerian Fintechs Are Switching to Verve and Afrigo Cards
Nigerian banks and fintech companies are increasingly turning to local payment cards like Verve and Afrigo, moving away from international…
Building the Future: African Startups and the Lessons of the Dot-Com Era
One of the most remarkable periods in recent history is the dot-com boom and subsequent crash in the late 1990s.…
Nigeria Settles $850 Million Owed To International Airline Operators
Nigeria has cleared 98% of it’s $850 million FX backlog owed to airline operators internationally, signalling optimism as the country…
Microsoft Introduces AI-Powered Laptops with Revolutionary Personal Assistant
Microsoft is pushing to make its AI chatbot, Copilot, an integral part of the Windows operating system for laptops and…