According to Ceditalk, As at the last day of trading in September, stocks were up 29.81% with Fan Milk, Guinness and Societe Generale leading the way this month. Financial stocks are now down only single digits this year at 7.91% after being down by as much as 18% in May this year. See how all … Read more
In a groundbreaking move, Elon Musk’s SpaceX has joined forces with Jumia, a prominent African e-commerce company, to extend broadband internet connectivity across the continent. Key Details Jumia is set to offer Starlink satellite terminals for sale in eleven carefully selected African nations, with Nigeria being the first to experience this expansion in the coming … Read more
Cryptocurrency mining, often referred to as crypto mining, is the process by which new coins are created and transactions are added to the blockchain. It involves solving complex mathematical problems using computer power, and in return, miners are rewarded with newly minted cryptocurrency coins. In simple terms, imagine crypto mining like being a digital detective … Read more
About The Event TechCabal, at the forefront of Africa’s dynamic technology landscape, is proud to present its inaugural Moonshot Conference 2023. Scheduled for October 11th and 12th in Lagos, Nigeria, this two-day event promises to be a groundbreaking moment in the world of technology and innovation. The Vision The event has already generated considerable buzz … Read more
The cryptocurrency market continues to evolve, offering a diverse array of investment opportunities beyond the well-known Bitcoin. Altcoins, or alternative cryptocurrencies, have gained traction among investors seeking potential growth. In this article, we’ll delve into some of the best altcoins to consider for investment, based on factors like market capitalization, technical analysis, and fundamental strength. … Read more
Ghanaian agricultural marketplace, Complete Farmer, has successfully raised $10.4 million in a pre-Series A funding round, consisting of $7 million in equity and $3.4 million in debt financing. The equity portion of the funding round was co-led by The Acumen Resilient Agriculture Fund (ARAF) and Alitheia Capital, with participation from Proparco, Newton Partners, and VestedWorld … Read more
In a recent development, Nigerian fintech company Payday is reportedly in discussions with potential buyers for the sale of the company. This move comes just six months after Payday successfully secured $3 million in a seed funding round, indicating a significant shift in the company’s strategy. Moniepoint’s Interest and Past Connections Moniepoint, which previously led … Read more
Ghana’s Ongoing Debt to the IMF Ghana has retained its position as the African country with the highest indebtedness to the International Monetary Fund (IMF). Over the considered period, Ghana’s debt to the IMF increased by 35.55%, as per data from the IMF’s Quarterly Finances for July-ending 2023. A Significant Share of Ghana’s Total Loans … Read more
Welcome to the exciting world of cryptocurrency investment! If you’re a beginner, you might find the cryptocurrency market a bit daunting but fear not. We’re here to guide you through the basics and help you kickstart your journey as a crypto investor. What Is Cryptocurrency? At its core, cryptocurrency is a form of digital or … Read more
The gender wage gap remains a persistent challenge in many societies, reflecting disparities in income earned by men and women. Data from the first quarter of the 2022 Annual Household Income and Expenditure Survey (AHIES) in a certain region has unveiled critical insights into this issue, shedding light on the extent and factors influencing wage … Read more