Summary The crypto market, known for its wild price swings, has shed more than half of its value since November last year as investors pulled out money from riskier assets amid worries over soaring inflation and rising interest rates. The ongoing meltdown in the cryptocurrency industry could push an estimated four million Kenyans who hold the digital assets deeper into…
Senegal international Sadio Mane is set to become Africa’s highest-paid footballer, overtaking Liverpool forward Mohammed Salah and Manchester City star Riyad Mahrez. The 30-year-old Mane is joining Bundesliga champions Bayern Munich next summer after a £31.5 million buyout clause was activated. Mane who is traveling to Germany tomorrow for medical tests, has agreed on joining Bayern with his new contract…
Summary The Corporate Council on Africa (CCA) has officially launched the 2022 U.S. – Africa Business Summit website which is now open for registration. The Summit, themed ‘Building Forward Together,’ will be held in Marrakech, Morocco on July 19 – 22, 2022 in partnership with the Kingdom of Morocco and Africa50 (the pan-African infrastructure investment platform). The Summit will…
The African continent has made steady progress over the last four decades – surviving high levels of poverty, various natural disasters (such as drought and floods), diseases, political instability and high levels of migration. And when the health pandemic struck, Africa’s resilience was tested yet again. COVID-19 pushed millions of households further into poverty due to its disruption of…
The African continent has made steady progress over the last four decades – surviving high levels of poverty, various natural disasters (such as drought and floods), diseases, political instability and high levels of migration. And when the health pandemic struck, Africa’s resilience was tested yet again. COVID-19 pushed millions of households further into poverty due to its disruption of…
Pope Francis has fuelled the rumour mill with a postponed Africa trip and the curious timing of an upcoming meeting of cardinals — but experts caution against assuming a resignation is nigh. Hobbled by pain in his knee and forced to use a wheelchair in recent weeks, the 85-year-old pontiff postponed a July trip to the Democratic Republic of…
Pope Francis has fuelled the rumour mill with a postponed Africa trip and the curious timing of an upcoming meeting of cardinals — but experts caution against assuming a resignation is nigh. Hobbled by pain in his knee and forced to use a wheelchair in recent weeks, the 85-year-old pontiff postponed a July trip to the Democratic Republic of…
Amazon, a global e-commerce technology company, is reportedly set to expand to African countries including South Africa and Nigeria in 2023, according to news that was first published by Business Insider. Belgium, Chile, and Colombia are also among the five markets that the giant e-commerce company is set to penetrate next year, according to leaked documents that were seen by…
Amazon, a global e-commerce technology company, is reportedly set to expand to African countries including South Africa and Nigeria in 2023, according to news that was first published by Business Insider. Belgium, Chile, and Colombia are also among the five markets that the giant e-commerce company is set to penetrate next year, according to leaked documents that were seen by…
With 92 million girls and boys in child labour — one in five children — Africa is the most-affected region in the world. Eliminating child labour worldwide will not be achieved without a breakthrough here. This is not justifiable. Children have the right not to work. Children trapped in child labour today are the unskilled labour force of tomorrow….