The History of Bitcoin: From Satoshi to Today In the world of finance, there’s a technological revolution underway, and at the heart of it lies cryptocurrency. These digital currencies have captured the imagination of investors, tech enthusiasts, and financial experts alike. But before we dive into the details of how cryptocurrency works and how to … Read more
Co-operative Bank of Kenya Plc (COOP) was honoured with the prestigious Best Financier of SMEs in Africa Golden Award at the 2023 Global SME Finance Awards. The award recognizes the bank’s exceptional financial products and services tailored to SME clients, positioning it ahead of competitors in Kenya’s SME financing sector. Global SME Finance Awards 2023: … Read more
Expanding Offshore Operations in Northern Mozambique Italian energy giant Eni has launched a quest for a strategic partner to undertake offshore drilling activities in Area 4 of the Rovuma Basin, situated within Mozambique’s Cabo Delgado province. This move comes as part of Eni’s ongoing efforts to further develop its presence in the region, which already … Read more
Fostering International Investment: President Ruto’s Delegation Heads to the US Kenya’s President, William Ruto, is set to lead a high-profile delegation to the United States for the second US-Kenya Business Roadshow. The delegation, which includes the US Ambassador to Kenya, Meg Whitman, is focused on attracting venture capital (VC) investment into Kenya’s burgeoning tech industry. … Read more
The Land Deal Unveiled: A Transformational Carbon Credit Agreement In an unexpected move, Liberia is poised to transfer control of nearly 10% of its territory to a United Arab Emirates-based company, Blue Carbon. This ambitious agreement, covering a vast one million hectares, aims to harness carbon credits as a powerful tool in the global fight … Read more
Flutterwave, the leading Nigerian fintech company, is making significant strides in expanding its presence in Kenya. With big plans and promising prospects, the company aims to invest a substantial $50 million in the Kenyan market. Let’s dive into the details: Setting the Stage in Kenya Going Global Preparations in Full Swing Resilience Amid Challenges African … Read more
Ghana’s inflation rate for August 2023 has dipped to 40.1%, down from the 43.1% recorded in July of the same year. This significant decrease indicates that, compared to August 2022, the general price level was 40.1% higher. Let’s dive into the details. Food Inflation Shows Improvement Among the noteworthy changes, food inflation also exhibited a … Read more
Ugandan agritech company Emata is making waves in the world of farming with its innovative approach to financing. The startup has successfully raised $2.4 million in seed funding, consisting of $800,000 in equity and $1.6 million in on-lending capital. Investors Backing the Agricultural Revolution This fundraising round saw support from various influential investors, including: Emata’s … Read more
In an exciting update shared via Instagram Channels, Mark Zuckerberg, the CEO of Meta, announced the worldwide rollout of WhatsApp Channels. This new feature is set to revolutionize how users receive updates from people and organizations directly within WhatsApp. A Peek Into WhatsApp’s “Channels” WhatsApp Channels is designed as a one-way broadcast tool, allowing administrators … Read more
In today’s fast-paced digital landscape, businesses are constantly seeking innovative ways to streamline their operations, reduce costs, and enhance scalability. One transformative solution that has emerged on the horizon is Infrastructure as a Service (IaaS), a cloud computing model that offers a plethora of benefits to organizations of all sizes. In this article, we will … Read more