Category: African Business
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The Federation Papers; a Pan African Manifesto
The East African Federation is an ambitious project to politically and economically integrate several countries in East Africa, including Kenya, Tanzania, Uganda, Rwanda, Burundi, South Sudan, and the Democratic Republic of Congo. The idea behind the federation is to merge these states into a single federal entity, governed by a central government, similar in some…
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Stripe’s $1.1 Billion Bet on Stablecoin Infrastructure with Bridge Acquisition
Stripe, once wary of crypto, has acquired Bridge, a startup focused on stablecoin payments, for $1.1 billion. Bridge processed $5 billion annually, but Stripe’s interest lies in the team’s expertise and the product’s readiness to scale stablecoin-based financial services. With stablecoins processing $7 trillion in 2022, Stripe sees them as a modern alternative to legacy…
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🇬🇭 Bon appetit: How bread is made in Ghana?
In Ghana, bread is typically made by mixing ingredients such as flour, water, yeast, sugar, salt, and sometimes milk or butter. The dough is kneaded until smooth, allowed to rise, and then shaped into loaves. These loaves are baked in either traditional clay ovens or modern bakeries. In the West African country, bread is a…
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🇬🇭 Bon appetit: How bread is made in Ghana?
In Ghana, bread is typically made by mixing ingredients such as flour, water, yeast, sugar, salt, and sometimes milk or butter. The dough is kneaded until smooth, allowed to rise, and then shaped into loaves. These loaves are baked in either traditional clay ovens or modern bakeries. ADVERTISEMENT ADVERTISEMENT In the West African country, bread…
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African progress backslides as coups and war persist
Nearly half of Africa’s citizens live in a country where governance has worsened over the past decade as deteriorating security erodes progress, according to a new report. The annual Ibrahim Index of African Governance report found despite positive progress in 33 countries, overall governance was worse in 2023 in 21 countries, accounting for just under…
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Idris Elba: Why I’m planning a move to Africa
British actor Idris Elba has told the BBC that he will relocate to Africa within the next decade as part of his plans to support the continent’s movie industry. The 52-year-old star of the hit series The Wire is behind nascent projects to build a film studio on the Tanzanian islands of Zanzibar as well…
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South African Government in Disagreement Over Putin, Russia
South Africa’s two biggest parties in its Government of National Unity is in disagreement over whether Russia should be considered an ally. In a briefing held at the Kremlin before the XVI Brics Summit in Kazan, Russia, South African President Cyril Ramaphosa told Putin that Russia will remain South Africa’s ally: “We are rather pleased…
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A feast not just for the eyes: Which Tatar delicacies will BRICS Summit guests dine on?
The guests of the BRICS Summit slated to be held in the Russian city of Kazan from October 22 to 24 are in for quite a culinary treat. One of the venues the summit’s attendees are expected to visit is the Tugan Avylym restaurant-entertainment complex where a veritable feast will await them. Some of the…
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America’s Embrace of Marijuana
High support Twelve years ago, mainstream politicians opposed marijuana legalization. Recreational use was forbidden even in the most liberal states. Today, even conservative states are considering the policy — including North Dakota, South Dakota and Florida, through ballot initiatives this November. And both presidential contenders now favor legalization. Kamala Harris confirmed her support this month.…
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Zimbabwe government makes e-payment compulsory for all businesses
Under this new direction, all businesses must accept Point-of-Sale (POS) machine transactions. The move is aimed at prohibiting businesses from engaging in unfair trade practices. It also seeks to protect consumers from robbery incidents and promote safer and more convenient payment methods, providing consumers with payment options to choose from. In line with this, the…
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