Africa Business Southern Africa Technology World 

Cape Town’s booming tech industry

– – Cape Town, the tech hub of Africa, is full of entrepreneurs, new technologies, and start-ups from many different industries. It is very easy to start up a tech company in this city because of the combination of government and business collaboration, a strong infrastructure, a supportive community and the city’s excellent location. There are currently 22 entrepreneurs incubators… Read More
Africa Business Nigeria News and Headlines West Africa World 

Nigeria releases new bank notes into circulation

– – Nigeria has released its new currency into circulation in the first such redesign in 20 years. It is expected to address insecurity, tackle counterfeiting and force excess cash back into the banking system, the government said. Nigeria’s central bank had said more than 80% of the money in circulation was being hoarded by individuals. It has urged people… Read More
Africa Business Ghana West Africa World 

Ghana cedi makes extraordinary gain in months

– – Ghana’s local currency the cedi has gained more than 12% against the US Dollar to hit its strongest level in two and a half months. This was after the country reached a staff-level agreement over $3 billion with the International Monetary Fund. The currency strengthened to 9.5 to the dollar in a fourth straight session of gains, though… Read More
Africa World 

US President Biden says US is ‘all in’ on Africa’s future

– – US President Joe Biden has said Africans can count on the United States as he delivered a speech at the Business Forum at this year’s US-Africa leaders summit in Washington DC. “The United States is all in on Africa’s future,” President Biden told the 49 African leaders attending the summit. This is the first time such a summit… Read More
Africa Central Africa World 

Floods in Congo’s capital Kinshasa kill at least 120

– – At least 120 people have been killed in the Democratic Republic of Congo’s capital Kinshasa following heavy rains. The toll may rise, according to Health minister Jean-Jacques Mbungani Mbanda who is quoted by Reuters as saying that 141 dead had ben counted. That number though is now needed to be cross-checked with other departments before further announcement. The… Read More
Africa Featured Ghana West Africa World 

Ghana’s President asks African leaders to stop ‘begging’ the West

– – Ghana’s President Nana Akufo-Addo says African countries must wean themselves off “begging” the West. This will earn earn them global respect and change poor perceptions about the continent. He made the remarks during the opening of the US-Africa Leaders’ Summit in Washington DC. “If we stop being beggars and spend African money inside the continent, Africa will not… Read More
Africa South Africa Southern Africa World 

South African MPs vote against impeaching Ramaphosa over graft report

– – South Africa’s parliament on Tuesday voted against starting an impeachment process against President Cyril Ramaphosa. Lawmakers voted to reject the report by a panel of experts that found preliminary evidence Ramaphosa may have committed misconduct. The case relates to the Phala Phala farm scandal, in which the president is accused of a cover-up when the theft of foreign… Read More
Africa World 

How to Use Telegram without a Phone Number?

– – Telegram is one of the most popular messengers as it combines interesting channels and groups and the function of communication and exchange of various types of messages and content. In addition, a lot of useful bots contribute to the popularity of the application. Registering in Telegram is quite simple, but the most important point is to go through… Read More
Africa World 

Visa Openness Index: Africa makes visa policy improvements in 2022

– – The 2022 Africa Visa Openness Index (AVOI) report shows African countries making progress in their freedom of travel policies, most of which had been severely curtailed by the Covid-19 crisis. The annual publication, prepared by the African Development Bank Group in collaboration with the African Union Commission, is now in its 7th edition and was launched on Sunday… Read More
Africa Business Ghana West Africa World 

Ghana to secure $3 bln IMF loan approval in 2023

– – Ghana expects to secure a $3 billion loan facility from the International Monetary Fund (IMF) by next year, Finance Minister Ken Ofori-Atta said on Tuesday. The West African nation is in serious economic crisis and urgently needs IMF bailout after earlier asserting it won’t turn to the fund for support. It would be the 17th time Ghana is… Read More
Social media & sharing icons powered by UltimatelySocial