The US Securities and Exchange Commission (SEC) is reportedly pursuing a legal campaign to classify Ethereum as a security. Indeed, Fortune reports a plethora of US companies were subpoenaed related to an ongoing investigation into ETH. The development further threatens the industry-wide hope of the SEC to approve a Spot Ethereum ETF this year. The … Read More “SEC Pursuing Legal Campaign to Classify Ethereum as a Security” »
by Fintechnews Africa 18 March 2024 Africa and the Middle East boast 12 prominent e-wallets. These platforms are primarily provided by telecom companies, enable users to varied operations from the mobile phones, including payments, money transfers and remittances, and are gaining ground at a fast pace, a market analysis by financial data company FXC Intelligence … Read More “Telco-Backed Platforms Leads E-Wallet Market in Africa and the Middle East” »
Image Credit: Air Liquide 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 “Adenia buys 12 Air Liquide subsidiaries to set up new business” »
A woman carrying baobab fruits. (Supplied to How we made it in Africa by B’Ayoba) In a recent interview with How we made it in Africa, Rozelle Abramson, founder of the South Africa-based chili sauce producer Fynbos Fine Foods, highlighted the growing international interest in baobab powder – a boon for countries like Zimbabwe, which … Read More “Zimbabwe could cash in on growing interest in baobab powder” »
itel New Smartphone P55+: A Game-Changing Smartphone Redefines 45W Cost-effective Fast Charging Standards Itel has officially launched the P55+, a smartphone that had recently made waves in the tech community after being spotted in the Google Play Console’s database. This eagerly anticipated device brings a slew of impressive features, including a high-refresh-rate 90Hz display, a robust Unisoc T606 chipset, … Read More “itel New Smartphone P55+: A Game-Changing Smartphone Redefines 45W Cost-effective Fast Charging Standards” »
For almost three decades, Stephen Butt’s company mostly stayed behind the scenes, a long-term investor in the tradition of Warren Buffett that saw little reason to draw attention to itself. Silchester International Investors quietly bought shares in some of the world’s blue-chip companies, watched them grow in value and racked up a return that surpassed … Read More “Stock investor with 1 900% gain breaks long silence in Japan” »
Image Credit: Pixabay 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, and … Read More “Sahel Capital provides financing to Nigerian agtech business” »
As the continent surges forward in the digital age, there is a bustling landscape of tech accelerators emerging with the promise of providing platforms where innovation and entrepreneurship intertwine. However, none other comes close to fulfilling this promise than ALX Africa, as evidenced by its hundreds of thousands of graduates successfully pursuing and thriving in … Read More “ALX, more than a tech accelerator; creating dynamic experiences, impacting Africa’s tech future” »
Shiba Inu (SHIB) supporters have eagerly anticipated the moment when the cryptocurrency could surpass Dogecoin (DOGE) in terms of market valuation, with SHIB often touted as a potential “Dogecoin killer.” Recent fluctuations in both assets’ prices and market caps have reignited speculation among investors about the possibility of Shiba Inu reaching and exceeding Dogecoin’s market … Read More “Can It Match Dogecoin’s Market Cap?” »
Mar 15, 2024 Hercules rig (Credit: Odfjell Drilling) Portuguese oil and gas company Galp has encountered a significant column with light oil at an exploration well being drilled offshore Namibia with Odfjell Drilling’s Hercules semi-submersible rig, marking a second such discovery in PEL 83 block in recent months. Hercules semi-submersible rig … Read More “Galp Makes Another Oil Discovery Offshore Namibia” »
