Category: Business

Leading Banking-as-a-Service (BaaS) solution provider, Qore, is pleased to announce its upcoming Customer Experience Event – NEXUS 2023, set to take place at the prestigious Oriental Hotel in Lagos, Nigeria on the 7th of November 2023.  With a focus on enabling the delivery of next-generation experiences in unified financial services that power African Financial Institution … Read More “Qore to host inaugural customer experience event – NEXUS 2023 at Oriental Hotel, Lagos” »

The world’s largest cryptocurrency exchange, Binance, recently announced its collaboration with Israel’s cyber unit to freeze accounts associated with Hamas. In a similar move, Israeli law enforcement has blocked more than 100 accounts on Binance. In addition to this, officials have reportedly sought details regarding another 200 cryptocurrency accounts. It should be noted that the … Read More “100 Binance Accounts Suspended in Israel: Hamas Connections Suspected” »

OE Staff Oct 16, 2023 Credit: Keppel (File image) Golar LNG said Monday that its FLNG Hilli Episeyo (“Hilli”) offhshore Cameroon, had successfully offloaded its 100th LNG cargo on Saturday October 14th. “As the world’s first FLNG conversion that also introduced Cameroon as the world’s 20th LNG exporting nation in 2018, … Read More “FLNG Hilli Episeyo Transfers 100th Cargo” »

Lesly Marange, founder and CEO of Glytime Foods Zimbabwean health-food company, Glytime, has expanded its product distribution beyond brick and mortar retail chains by enlisting independent sales agents. Lesly Marange, Glytime founder and CEO, is keen on establishing the company’s own sales channels and route to market for its products which range from granola and … Read More “Zimbabwean food company uses independent sales agents to boost distribution” »

A new Goldman Sachs survey shows investors are big fans of separately managed accounts. But what do advisors think of them? Are they worth the trouble for all their clients, or just a lucky few? “I have used SMAs and found them to be very beneficial due to several factors, such as the ability to … Read More “Improvements in SMA tech have more advisors getting on board” »

In a world dealing with many challenges and a growing emphasis on creating a sustainable future, African nations are grappling with questions, including: How they can adapt to these changing times and remain globally significant. Against the backdrop of this, Africa Soft Power and African Women on Board convened a thought-provoking event focused on one … Read More “Women and youth are Africa’s biggest opportunity; pay attention – says Africa Soft Power at the UNGA  – Ventures Africa” »

Bloomberg analysts Eric Balchunas and James Seyffart predict that a spot Bitcoin exchange-traded fund (ETF) has a 90% chance of approval by January 2024. In a note sent yesterday, Balchunas and Seyffart explain that there is an ongoing, constructive discussion between the SEC, Ark, and 21Shares. The latter two have pending applications for spot bitcoin … Read More “Bitcoin ETF 90% Shot at Approval by SEC in January 2024” »

Angelo Amante and Francesca Landini Oct 13, 2023 Coral Sul FLNG – Credit: Eni (File image) The gas fields discovered offshore Mozambique represent a huge opportunity for the development of the African country, Italian Prime Minister Giorgia Meloni said during a visit with the head of Italian energy group Eni.  … Read More “Mozambique Offshore Gas Fields Huge Opportunity for Country, Italy PM says” »

Adeline Pelage holding a crate of biscuits at the Biscuiterie Bobo factory in Douala, Cameroon. By Patrick Nelle, bird story agency In 2022, Adeline Pelage and her husband transitioned their small biscuit factory from using wheat flour to locally-sourced sweet potato flour. They haven’t looked back. It’s a six-storey climb to get to the rooftop … Read More “Bakery sees sales growth after switching to sweet potato flour” »

The SEC ordered a Delaware investment advisory firm to pay $1.3 million to settle charges that it placed clients in expensive mutual fund share classes without disclosing related conflicts of interest. In an order posted Tuesday, the Securities and Exchange Commission said Wilmington Trust Investment Management offered a wrap program between February 2020 and August … Read More “SEC orders firm to pay $1.3M for failing to disclose conflicts related to high-cost funds” »