Chevron could drill a well in Namibia’s Orange Basin as soon as the fourth quarter of 2024. The company is applying for approval on an offshore exploration programme and has begun the public engagement. The approval would cover up to five exploration wells and five appraisal wells. Chevron is working on Block 2813B via Harmattan … Read More “Chevron lines up drill plans in Orange Basin” »
Several entrepreneurs and investors, interviewed by How we made it in Africa, have underscored the potential in the continent’s construction and building materials industries. Eliot Pence, co-founder of Tofino Capital – a $10 million venture capital fund focusing on early-stage businesses in frontier markets – maintains a bullish outlook on the continent’s construction sector. His … Read More “Capitalising on Africa’s construction sector” »
In an age where everyone relies on technology, some prefer to do without. A recent eMoney study found that’s going to be a problem for advisors who aren’t down with tech. The study found that clients who work with tech-forward advisors — those who rate technology or client portals as very or extremely important and … Read More “Tech-forward advisors serve clients better: Study” »
African Sprint Champion Ferdinand Omanyala Joins Team Visa as Newest Global Brand Ambassador African Sprint Champion Ferdinand Omanyala Joins Team Visa as Newest Global Brand Ambassador Visa the Worldwide Payment Technology Partner of the Olympic and Paralympic Games has unveiled the current list of 117 athletes joining Team Visa for Paris 2024 including Kenyan sprinter … Read More “African Sprint Champion Ferdinand Omanyala Joins Team Visa as Newest Global Brand Ambassador” »
What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it was falling. Now it’s going up. Ask most people how the price of money is … Read More “The price of money is going up, and it’s not only because of the Fed” »
by Fintechnews Africa 10 November 2023 Gozem, Africa’s Super App, announced its acquisition of Moneex, an innovative Fintech app from Benin dedicated to provide global banking to African businesses and consumers. This transaction combines the strength of Gozem’s Super App network with the breadth of Moneex’s fintech capabilities, creating an unparalleled Fintech starting point for … Read More “Africa’s SuperApp Gozem Goes Fintech With Acquisition of Benin” »
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In today’s fast-paced world, the importance of financial institutions transcends their traditional roles. They are no longer just institutions where financial transactions are done; they have become catalysts for change, driving economic growth, innovation and development. Access Bank, one of Africa’s leading financial institutions, understands this better. In a relentless pursuit of development, the bank … Read More “Access Bank Development Desk: Empowering NGOs and energising institutions” »
According to reports, Poloniex, a crypto exchange founded by Tron’s Justin Sun, has been hacked for over $100 million. The hack was brought to light by crypto security firms PeckShield and Cyvers. The security firms flagged the possible hack at around 10:55 UTC. JUST IN: Tron founder Justin Sun’s crypto exchange Poloniex hacked for over … Read More “Tron founder Justin Sun’s Poloniex Hacked For Over $100 million” »
Stocks advanced on the back of a strong run on Wall Street, with Treasuries steady amid expectations for peaking interest rates. Euro Stoxx futures rose 0.2%, extending the positive tone in Asia where a gauge of regional shares rose 0.5%. The moves followed S&P 500’s gains Wednesday, its eighth consecutive advance and best run since … Read More “Stocks rise, treasuries steady on peak rates bet: Markets wrap” »
