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Economics

An infusion of new investments and regulatory transformations is shaping financial interactions and digital payments in Africa. Africa’s digital payments operations produced around $24 billion in revenue in 2020, comprising domestic and cross-border payments. For Africa’s digital transition to run smoothly, a cohesive environment that ensures investment and funding remains necessary. Human commerce constantly seeks … Read More “Digital payments in Africa redefining financial transactions” »

Business

During his inaugural speech, the new Nigerian president, Bola Tinubu, announced the removal of the controversial fuel subsidy. With the announcement, the cost of premium motor spirits (petrol) spiked with some filing stations selling as much as N700 per litre.  The attendant impact was immediately evident in the transportation sector, which heavily relies on fuel … Read More “Addressing fuel price concerns through EV adoption in Nigeria” »

Finance

by Fintechnews Africa 9 May 2023 DisrupTech Ventures, an Egypt-based venture capital firm focused on fintech, has received a US$5 million investment from Proparco, a subsidiary of the Agence Française de Développement (AFD) devoted to private sector funding. The early-stage venture capital fund aims to provide seed capital to up to 28 startups with prime … Read More “Egyptian VC Firm DisrupTech Ventures Bags US$5 Million Investment From Proparco” »

Economics

Japan, May 2020: no humans to be seen. Credit: worldlandscape / shutterstock At one point in 2020, 4.4 billion people—more than half of the world’s population—were under lockdown restrictions to stem the spread of COVID-19. This was such a sudden and substantial event that it has become known as the anthropause. Many bustling cities fell … Read More “While humans were in strict lockdown, wild mammals roamed further—new research” »

Economics

NEW YORK, June 8, 2023 /PRNewswire/ — Elevation Oncology, Inc. (Nasdaq: ELEV), an innovative oncology company focused on the discovery and development of selective cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs, today announced the pricing of an underwritten public offering of (i) 17,810,000 shares of its … Read More “Elevation Oncology Announces Pricing of $50 Million Public Offering” »

Economics

African Banker, in collaboration with banking technology developer Backbase, has recently released the latest edition of the African Digital Banking Transformation Report. This comprehensive 30-page document delves into the latest advancements in the African digital banking landscape, meticulously monitoring the rate of progress, key focus  areas for banks, and the strategies employed to establish mobile … Read More “African banks progress towards digitalisation” »

Economics

The unmanned ground vehicle systems have been used to monitor sewers for Aedes mosquitoes and carry out eradication tasks. In an effort to slow down the spread of the dengue disease, researchers at Kaohsiung city, Taiwan, have used robotic vehicles to identify and eliminate the breeding sources of Aedes mosquitoes – with great results.  The … Read More “Taiwan deploys robotic vehicles to help tackle mosquito problem” »

Economics

When the Atlantic Council “takes up the censorship sword”, you know that it is an official policy of the Trilateral Commission. Why? Because the Board of Directors and the Board of Advisors are riddled with TC members like Henry Kissinger, Joseph Nye, Michael Chertoff, Paula Dobriansky, and others. The Atlantic Council has been dominated by … Read More “The Trilateral Commission Members Driving Censorship Campaigns” »

Economics

Teenage years are often a time of exploration for young people as they navigate their developing interests and passions. For many, this means consuming or participating in the latest trends in movies, gadgets, and games. However, with tech prodigies and enthusiasts, instead of simply consuming technology, many of them want to create technology. Last year, … Read More “Meet Lesley John, the Nigerian teen tech enthusiast building motion-controlled devices” »

Economics

Solarise Africa, One of Africa’s leading solar energy company’s, shares interesting insight on how seasonal changes impact solar system performance in South Africa and Kenya. The performance of solar energy systems is influenced by the opportunities and considerations specific to each season. By comprehending the intricacies of these changes, individuals can adopt a proactive approach … Read More “5 Ways to Harness the Power of Seasons for Optimal Solar Energy Performance” »