Trade groups for the world’s biggest hedge funds and private equity firms are taking the Securities and Exchange to court over new restrictions it placed on the industry last month. The American Investment Council and the Managed Funds Association are among the groups alleging the SEC went too far by rolling out sweeping … Read More “Hedge funds, private equity sue SEC over fee disclosure rule” »
“Our mission is to make healthcare accessible and affordable for Africans. We provide a combination of healthcare packages and insurance that can be financed by Africans in the diaspora for relatives back home.” – Bola Bardet, CEO & Co-Founder, Susu. Bola Bardet, CEO and co-founder of Susu, is among the 20 finalists at Africa’s Business … Read More “#ItsOurTime Beninese startup, Susu, is helping the African diaspora make informed financial healthcare commitments” »
Are Banks Open on Black Friday? A Comprehensive Guide Black Friday, the day after Thanksgiving, is renowned for its incredible shopping deals and discounts. As you plan your shopping spree, you may also be wondering about the availability of banking services on this busy day. In this comprehensive guide, we will explore whether banks are … Read More “Are Banks Open on Black Friday?” »
Black Mamba’s products on the shelves of a City Super store in Taiwan. With its vast areas of arable land, favourable climate and affordable labour, Africa possesses significant potential to export packaged food products to developed countries. Additionally, global interest in unique African foods is on the rise. Tapping into this potential is Black Mamba, … Read More “Exporting Made-in-Africa products to 15 countries: CEO reveals her strategies” »
Sue Gardiner quit her position as a financial advisor about a year ago to tend to some family matters. She was only gone a couple of months, but she could hear the clock ticking on her industry licenses. Advisors used to be able to retain their qualifications from passing broker and investment advisor exams for … Read More “NASAA launches program letting advisors maintain licenses longer” »
In a groundbreaking move that is set to transform the music landscape across Africa, Mdundo, the leading African music streaming and download platform, has reaffirmed its unwavering commitment to supporting artists and revolutionizing the industry through transparent and fair royalty payment practices. With an impressive projected payout of up to $1.5 million over the next … Read More “African music service, Mdundo.com, to pay up to $1.5 million to musicians in the next 12 months” »
XRP Ledger (XRPL) is about to introduce its very own automated market maker (AMM), which could completely change the way holders interact with the network. The amendment, called XLS-30D, could bring a whole new dimension to the project. The introduction of an AMM on XRPL could prove to be extremely beneficial for the network. It … Read More “XRPL’s New AMM to Incentivize On-Chain XRP Holders” »
St. Bakhita currently operates two kindergartens, two primary schools, and a junior school. Private education is big business in Kenya. We speak to the founder of St. Bakhita School about how she started and grew the company. Private education in Kenya has witnessed rapid expansion. Between 2014 and 2020 alone, the number of private schools … Read More “How this entrepreneur built a private schools business” »
The average price for U.S. houses sold during the second quarter was nearly $500,000 — that, coupled with the highest mortgage interest rates in over 20 years, could make a 401(k) loan appealing for buyers. Whether that’s a good idea is another matter. In the best-case scenario, financial advisors say: It’s complicated. For most people, … Read More “Think twice about a 401(k) loan for a home down payment” »
While businesses struggle with raising funds, Ethiopian hand-crafted leather goods brand, Parker Clay says it is building a community of fundraisers. That is because instead of a traditional series A round, the brand democratized its funding round by allowing members of its community to invest and become shareholders at Parker Clay. “We wanted our community … Read More “How Parker Clay is democratizing Africa’s fashion industry” »
