by Fintechnews Africa 29 May 2023 Zimbabwe has received a total of 241 applications valued at about ZW$22 billion for the sale of its gold-backed digital tokens, data from the central bank show. The sum represents a total value of about US$11.7 million, based on rates from ZimRates.com, a platform that tracks both official and … Read More “Zimbabwe Issues Gold-Backed Digital Tokens Amid Plummeting Currency Value” »
Image Credit: Sun King To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, … Read More “Weekly Wrap, June 5th, 2023; BII and Stanbic provide funding for Sun King, ThirdWay’s ecotourism debt fund holds final close, General Catalyst, MultiChoice, and Rapyd launch Moment, and more…” »
By BOB KARASHANI Chinese firm CRJE (East Africa) Ltd has been awarded the contract to build headquarters for the African Court on Human and People’s Rights in Arusha, further establishing China’s position as the main backer of recent moves by continental organisations to secure their own premises. Total cost estimates have been put at Tsh61 … Read More “Chinese firm wins tender to build head office for African court” »
A Professor of Plant Breeding and Biotechnology at the Ebonyi State University, Abakaliki, Ebonyi State, Prof. Benjamin Ewa Ubi, has called for the adoption of crop biotechnology as response to Nigeria’s current food crisis. Ubi, who made the call recently while presenting his inaugural lecture titled ‘Crop Production Biotechnology and the Future of the Nigerian Food … Read More “Don canvasses adoption of crop biotechnology to address Nigeria’s food crisis | The Guardian Nigeria News” »
Burton & Bamber produces a variety of dried fruit products under the Sweetunda brand. Burton & Bamber is a Kenyan food business with a focus on dried fruit products. Jaco Maritz spoke with co-founder, Jonathan Bamber, about the company’s journey into supermarket distribution; why it is focused on building a local brand as opposed to … Read More “The journey of establishing a dried fruit business in Kenya” »
Now that investment advisors have the latitude to feature clients touting them in their advertising, the SEC is emphasizing that area in examinations of its new marketing rule. The Securities and Exchange Commission regulation that went into force last November allows advisors to use client testimonials and endorsements for the first time. A risk alert … Read More “SEC warns advisors about disclosures for testimonials in exam alert” »
P40 Smartphone Featuring Powerful Performance Launched By itel P40 Smartphone Featuring Powerful Performance Launched By itel itel, a reliable smart life brand who ranked No.1 global smartphone brand among $100 price segment, has unveiled its newest 4G smartphone P40, with a bunch of worth mentioning features and long-lasting power performance. P40 Smartphone Featuring Powerful Performance … Read More “P40 Smartphone Featuring Powerful Performance Launched By itel” »
Curated by Standard Bank’s Head of Global Markets Standard Bank recently gathered central bank governors from across the continent to discuss the key macroeconomic themes faced by African economies. The articles below, curated by Standard Bank’s Guido Haller reflect the key themes discussed by the central bankers at this pivotal convening. With sovereign debt restructuring … Read More “Key Macroeconomic Themes Faced by African Economies” »
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The increasing popularity of made-in-Nigeria products is a major trend that is driving the growth of the Nigerian leather industry. Consumers home and abroad are increasingly looking for products that are made in Nigeria. This is due to several factors, including the desire to support local businesses, and an increasing number of Nigerian companies producing … Read More “Nigerian Leather Industry: A growing market for high-quality, affordable, and sustainable leather products” »
