African Commodity Index declines moderately in Q3-2020
There are indications that this is not the best of times for many resource rich African countries as the Afreximbank…
Zimbabwe’s highly indebted power utility firm begins clearing coal producers’ $1.2bn debt
Government owned power utility, Zesa Holdings, has started paying coal miners after the debt ballooned to over $1,2 billion over…
Bitcoin breaches $14,000 on Election Day, up 1,900% compared to 2016
The price of Bitcoin (BTC) rose by more than 2% in two hours to briefly top $14,000 as the polls…
WTO blockchain report says customs remains ‘weak link’ of trade digitalization
The World Trade Organization (WTO) and Trade Finance Global (TFG) have published their latest taxonomy of blockchain projects in international…
Morocco Reaches Record-Breaking Unemployment Rate of 12.7%
Morocco’s unemployment rate has maintained its growth, reaching 12.7% in the third quarter of 2020, from July to September. In…
Zambia wins deferral on China Development Bank debt
Zambia has reached a deal to defer debt repayments that were due in October on a loan from the China…
South Africa in a fix over World Bank loan conditions
The South African government is in a quagmire on whether to go ahead with its proposed loan from the World…
JPMorgan Invites Banks and Fintechs to Build on Its Revamped Blockchain Network
JPMorgan has invited banks and fintechs to build on its revamped blockchain network with a call to “think of it…
South Africa’s Economy Will Bounce Back–Economist
Inspite of the challenges facing Africa’s second biggest economy as a result of the protracted Covid-19 pandemic, there is silver…
Facebook and Twitter CEOs to testify before Congress in November on how they handled the election
Shortly after voting to move forward with a pair of subpoenas, the Senate Judiciary Committee has reached an agreement that…