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?” »
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” »
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” »
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” »
The Inaugural Environment Sustainability Award by UNEP Goes To… Safaricom has been awarded for its climate action initiatives in the inaugural Environment Sustainability Awards by Kenya Private Sector Alliance (KEPSA) in collaboration with the United Nations Environment Program (ENEP). The Telco has invested over KES 53M in mitigating emissions and enhancing environmental resilience. Safaricom was … Read More “The Inaugural Environment Sustainability Award by UNEP Goes To…” »
Explore the potential of open banking and its projected market value of over $123.7 billion by 2031 in this insightful piece by Christopher Ball, co-founder of Finch Technologies. Ball delves into how traditional payment methods are evolving, the global stakeholders pioneering this transition, and the vital role of South African banks and fintechs. Christopher … Read More “Open banking paves way for SA banks and fintechs” »
YNV Group, a leading technology solutions provider in Nigeria, just concluded the second edition of its Tech Talent Summit to address the growing demand for tech skills and cybersecurity in Nigeria. The Tech Talent Summit is a series of events by YNV Group bringing together tech experts, policymakers, and industry leaders to discuss the future … Read More “YNV hosts Tech Talent Summit to support Nigeria’s growing demand for digital skills and cybersecurity” »
By CHRIS ERASMUS This week, a diplomat at the North Atlantic Treaty Organisation (Nato), the collective defence alliance between Europe and North America, hinted the organisation will raise its engagement with Africa, ostensibly to ward off the growing influence on the continent of China and Russia. Russia through the controversial paramilitary company Wagner Group — … Read More “Brics ‘expansion’ jolts Nato to pivot towards Africa” »
Although inflation in the U.S. came in lower than expected, investors are now eyeing ADP’s jobs data for insights into the macroeconomic environment. Investors are looking for signs of a cooling job market and slowing growth. This might indicate decreasing inflation and may boost risk-on-asset markets. However, the crypto sector has mostly remained unaffected by … Read More “Crypto Investors Eye ‘Jobs Data’ For Potential Market Corrections” »
July 25, 2023 Credit: Eni (File image) Egypt denied reports its giant Zohr gas field was facing technical problems, in a statement on Monday, instead highlighting investments to boost its production. Total investment in the offshore gas field has reached $12 billion and is expected to hit $15 billion in three … Read More “Egypt Denies Giant Zohr Offshore Gas Field Facing Problems” »
