How Many Crypto Millionaires are there? Who Are the Crypto Millionaires? Today we explore The skyrocketing growth of digital currencies, particularly Bitcoin (BTC) and Ethereum (ETH), has ushered in a new class of millionaires. These individuals, often called crypto millionaires, have amassed massive wealth through their savvy cryptocurrency investments. The crypto landscape is volatile and … Read More “How Many Crypto Millionaires are there?” »
Over the past decade, the commercial space landscape for mid-sized and large African companies has experienced a remarkable and dynamic shift. This transformation has been further accelerated by the profound impact of the pandemic, redefining the way we work. In response to these changes, architectural firms like Innovate Concepts have taken the lead, driving the creation … Read More “Revolutionizing Commercial Spaces in Nigeria: Innovate Concepts’ Eco-Friendly Approach” »
August 3, 2023 Credit: Zerophoto/AdobeStock Today, Eni formalized with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the operator with a 42.5% stake, along with BP, 42.5%, and the Libyan Investment Authority with 15%. “Force Majeure, … Read More “Eni Lifts 2014 Exploration Force Majeure” »
Most people understand the value of saving money or planning their grocery shopping but fail to recognize the importance of conserving water. A new app concept developed by Prosper Ukachi from Abuja, Nigeria, stands to change our perception on the conservation of water. Water App Receives Accolades Prospers work was recently recognised and acknowledged in … Read More “Nigerian Water App Wins Innovation Challenge – IT News Africa” »
High temperatures have led to smoggy conditions in Chile’s capital Santiago. Far away from the extreme summer temperatures of the northern hemisphere, Southern Cone countries such as Chile and Argentina are also experiencing record heat, but in the middle of what is supposed to be their winter. On Tuesday, the mountain town of Vicuna in … Read More “South America sweats under high temps—in the middle of winter” »
Stocks fell in Asia, dragged by technology shares, as Fitch Ratings’ downgrade of the US sovereign credit grade also weighed on risk sentiment. An Asia Pacific equity gauge headed for the biggest decline in more than four months as technology stocks in Hong Kong dropped more than 3%. Japanese stocks also fell as a stronger … Read More “Tech drags stocks down as Fitch sours sentiment: Markets wrap” »
by Fintechnews Africa 2 August 2023 Small and medium-sized enterprises (SMEs) are the foundation of the economy as they drive growth, build competition, and create jobs. Despite this, they are often at the back of the line when it comes to getting quick access to credit. Research shows that 44% of SMEs seek funding to … Read More “Accelerate Your SME Lending with Real-Time Approvals” »
Brian Malambo, CEO of Monter Capital Soya bean processing in Zambia and leveraging Botswana’s potential as a regional hub for meat production – these are among the distinct agribusiness opportunities in Africa, according to Brian Malambo, the Zambian-born CEO of private equity firm Monter Capital. Monter Capital recently reached the first close of its $100 … Read More “Investor bullish on soya in Zambia and meat production in Botswana” »
CONSHOHOCKEN, Pa.–(BUSINESS WIRE)– AmerisourceBergen Corporation (NYSE: ABC) today reported that in its fiscal year 2023 third quarter ended June 30, 2023, revenue increased 11.5 percent year-over-year to $66.9 billion. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $2.35 for the third quarter of fiscal 2023 compared to … Read More “AmerisourceBergen Reports Fiscal 2023 Third Quarter Results” »
The U.S. was stripped of its top-tier sovereign credit rating by Fitch Ratings, echoing a move made more than a decade ago by S&P. The credit assessor downgraded the US from AAA, a ranking the nation has held at Fitch since at least 1994, according to data compiled by Bloomberg. The move comes in the … Read More “Fitch downgrades US credit rating” »
