In a strategic move to penetrate the Ivory Coast market, digital commerce startup Tappi has announced a partnership with telecommunications giant MTN. Founded in 2022 by Kenfield Griffith and Louis Majanja, Tappi aims to empower small businesses by offering affordable online promotion services starting at just $8 a month. With a focus on providing simple … Read more
In an unforeseen turn of events, climatic conditions are dealing a severe blow to the global cocoa industry, catapulting cocoa prices to unprecedented heights. The current market is witnessing cocoa prices surging past $7,300 per metric tonne, a stark contrast to the $2,000/MT to $3,000/MT range observed over the past two decades. El Nino Southern … Read more
In a vibrant celebration of International Women’s Month, Binance, the world’s leading blockchain ecosystem, hosted the “Shades of Yellow” event on March 7th. The occasion not only commemorated the contributions of women in technology but also underscored Binance’s steadfast commitment to equality and diversity in the crypto industry. Event Highlights: A Blend of Insights and … Read more
In financial technology (fintech), Ghana’s journey has been one of remarkable growth and resilience. The latest report from the Bank of Ghana unveils a fascinating narrative of progress, showcasing a significant surge in the value of local fintech transactions. Let’s delve into the key highlights of the report and explore the trends shaping the fintech … Read more
As the sun sets on the last trading day of February 2024, the Ghana Stock Exchange (GSE) has recorded a robust performance, underscoring the resilience and growth potential of the country’s financial markets. The GSE, with its two distinct categories of listing – the Main Board and the Ghana Alternative Market (GAX) – has become … Read more
In a strategic move, Bolt, the renowned ride-hailing service, has officially launched its operations in Harare, Zimbabwe. The expansion marks Bolt’s 12th country venture, reinforcing its commitment to providing convenient and affordable transportation solutions across the African continent. Key Highlights: Significance Bolt’s entry into the Zimbabwean market not only enhances transportation options for residents but … Read more
Imagine standing at the threshold of a bustling marketplace, surrounded by opportunities waiting to be seized. That’s precisely the feeling I experienced when I delved into the realm of the Ghana Stock Exchange (GSE) in 2024. As a novice investor, this journey is akin to embarking on a captivating odyssey, filled with twists, turns, and … Read more
The Ghana Stock Exchange (GSE) has kicked off the year 2024 on a positive note, showcasing resilience and growth in the market. In the first month alone, stocks as a whole have returned an encouraging 1.35%, with financial stocks contributing a solid 0.45%. Let’s delve into the highlights of individual stock performances for January 2024. … Read more
Yellow Card and Coinbase have joined forces to revolutionize access to digital currency and assets in Africa, marking a significant step toward financial inclusion on the continent. The collaboration involves the integration of the Yellow Card Widget into Coinbase Wallet, facilitating access to Yellow Card’s extensive payment network spanning 20 African countries. Key highlights of … Read more
In a significant move within Kenya’s milling industry, Kitui Flour Mills Limited has received approval from the Competition Authority of Kenya (CAK) for its complete acquisition of Rafiki Millers. Rafiki Millers, which ceased operations in April 2021, was engaged in wheat milling and confectionery business, holding a 3% market share. Kitui Flour Mills Limited, the … Read more