Category: African Business
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The Future of Cryptocurrency in Pan-African Nations by 2030
Cryptocurrency is poised to significantly impact Pan-African nations by 2030, particularly in the realms of business transactions, education, and governmental policies. As digital currencies gain traction across Africa, they present both opportunities for financial independence and challenges linked to neo-colonial tactics aimed at controlling emerging economies. This article explores the main cryptocurrencies likely to influence…
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๐ธ๐ฑ Sierra Leone’s ‘kush’ made using ingredients imported from abroad
Kush is a cheap and deadly drug that has swept through at least six West African countries in recent years. Sierra Leoneโs President Julius Maada Bio last April called for a crackdown on it, describing the drug as an โepidemicโ and a โnational threatโ. He launched a task force on drug and substance abuse, promising…
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๐ฐ๐ช Stellar XLM Adoption in Kenya and Africa
Stellar Lumens (XLM) is making significant strides in Kenya and across various African nations, offering innovative solutions to financial challenges and promoting economic inclusion. Market Capitalization and Current Status As of February 22, 2025, Stellar (XLM) is trading at approximately $0.3363 USD, with a market capitalization of around $10.31 billion USD. This positions XLM as…
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Pansalb calls preservation of marginalised languages
The Pan South African Language Board (PanSALB) says while progress has been made to promote multilingualism, there is still much work to be done. This as the country observes the African Language Week. Speaking at the International Mother Language Day commemoration in the City of Mbombela in Mpumalanga, PanSALB CEO, Lance Schultz has called on…
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Govโt to Reclaim Putu Mountain from Russian Investors
The government of Liberia, through the Executive Branch, has announced that the Liberian government has initiated process of terminating the Mineral development Agreement (MDA) signed between the government of Liberia and Severstal, a Russian-affiliated company, to reclaim ownership of the Putu mountain in Grand Gedeh, which is valued at about US$12 billion. Putu Mountain comprises…
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๐จ๐ฎ France Returns Last Military Base to Ivory Coast, Marking End of an Era
On February 20, 2025, France officially handed over its sole remaining military base in Ivory Coast, the Port-Bouet military camp, to local authorities. This marks the end of decades of French military presence in the country, symbolizing a new chapter in bilateral relations. The ceremony, attended by defense ministers from both nations, included a symbolic…
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German fund backs 100,000-ton green ammonia project in Morocco
The PtX Development Fund has chosen a groundbreaking Moroccan project focused on green ammonia production, awarding it a substantial grant of 30 million euros (equivalent to 312 million dirhams). This non-repayable funding, provided by KGAL Investment Management and the German bank KfW, is set to propel the Jorf Hydrogen Platform forward. The initiative, spearheaded by…
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A$AP Rocky dives into Rihannaโs arms as not guilty verdict is read at felony assault trial
LOS ANGELES (AP) โ A$AP Rocky dove into the arms of Rihanna Tuesday as a clerk read the not guilty verdict at his trial on two felony counts of assault with a semiautomatic firearm. The Los Angeles courtroom, full of fans of the hip-hop performer and his singing superstar partner, exploded into screaming glee as…
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Ditch foreign aid or remain trappedโโโOkonjo-Iweala warns African leaders
The Director-General, World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called on African leaders to stop relying on foreign aids and focus on mobilising domestic resources to attract investments and drive economic growth. Okonjo-Iweala emphasised that African leaders need a mindset shift, saying the continent is blessed with vast untapped financial and natural resources that…
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Blue Bay Kindergarten: A Model for Pan-African Educational Development
Editorial Pan-African News Blog Across Africa, the need for well-designed, child-centered educational institutions is more pressing than ever. As nations strive for economic growth and technological advancement, early childhood education plays a crucial role in preparing the next generation. One model that Pan-African nations can learn from is the Blue Bay Kindergarten in Shanghai, Chinaโa…
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