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…
Efficiency for Access allocates $3.7m to solar related technologies in Africa
The Efficiency for Access Research and Development Fund has just allocated more than 3.75 million dollars to 20 start-ups, three…
Fitch Ratings Downgrades Morocco’s Default Rating to Junk Bond
Global credit rating agency Fitch Ratings has revised Morocco’s default rating for long-term foreign currency bonds to BB+. While Fitch…
China president invokes military might with US in mind
China flexes its military muscle Chinese President Xi Jinping issued a sharp warning Friday to potential “invaders” of Beijing’s military…
MTN Rwanda Receives Mobile Money Certification
Africa’s biggest mobile telecoms network, MTN has become the first provider in Rwanda to gain the GSMA Mobile Money Certification.…
Ouattara plays politics card with Cocoa Price hike
Critics have accused the President of Cote d’Ivoire Allasane Ouattara of playing the political card with the recent hike in…
Egypt’s Alexandria Refinery receives $250m financing for upgrade
Egypt’s state-owned Alexandria Petroleum Company (APC) will receive a quarter of a billion dollars ($250Million) from the European Bank for…