Category: African Business
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ALGERIA SIGNS HOSTING AGREEMENT FOR INTRA-AFRICAN TRADE FAIR 2025
The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) occurred in Algiers on 15 April 2024. Hosted by the African Export-Import Bank (Afreximbank), in partnership with the African Union, the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria, the event sets the stage for the fourth edition of…
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Appropriation of Russian assets is illegal and contrary to UN Charter, Kenya’s President Ruto says
“The unilateral appropriation of Russian assets is […] unlawful, unacceptable, and a derogation from the UN Charter, especially for those who believe in freedom, justice, democracy, and the rule of law,” he said during a speech at the conference on Ukraine in Switzerland. The Kenyan president also called for peace, adding that Kenyan farmers have…
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Russia will help Africa achieve financial sovereignty through digital currencies
Vice Speaker of the State Duma says Russia “can and should help” African countries achieve financial sovereignty through the mechanism of creating central bank digital currencies, Deputy Speaker of the State Duma Alexander Babakov told Sputnik. 💬”A new payment ecosystem should be built on the basis of innovative financial technologies: high-speed real-time processing, work with…
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Russia’s Kazan will host a forum of BRICS+ cities
🌇 On June 21, the Forum of Cities of the BRICS+ Countries will open in the Russian city of Kazan. The event will be attended by 200 heads of municipalities from 21 countries, including China, India, South Africa, Brazil, Iran, UAE, Saudi Arabia, Ethiopia, Egypt, Turkey, Belarus, Kazakhstan, Azerbaijan, Uzbekistan, Argentina, Chile, Morocco, Indonesia, Mexico.…
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How to build with PayPal USD (PYUSD) on Solana
PayPal USD PYUSD tickers down$1.00 is now available on Solana, offering developers a new stablecoin option for their projects. With easy access to test tokens on the Solana Devnet faucet, comprehensive developer documentation and compatibility with the broader Solana ecosystem, building with PYUSD has never been more accessible. This article explains what PYUSD is, where…
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Ethereum due for new all-time high as countdown to Ether ETF nears end
Ether is due to be the next crypto to pass its current record peak, a popular crypto market analyst believes. Ether ETH tickers down$3,799 may surprise crypto markets to hit fresh all-time highs before Bitcoin BTC tickers down$67,787 reenters price discovery. In some of his latest market analysis, Michaël van de Poppe, founder and CEO…
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Liberia: GT Bank Vault Custodian Allegedly Absconds with US$78,250
The Monrovia City Court has granted a Writ of Ne Exeat Republica against defendant Fabrizo C. Siryon, a GT Bank vault custodian, who reportedly went into hiding since information shattered about his alleged stealing of $78,250.00 Ne Exeat Republica refers to a writ that can be issued by a court to stop someone from leaving…
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Shadow of Camair-Co hovers over Fly Zejet rift
The private airline Fly Zejet is embroiled in a conflict between its founder and other shareholders over a possible rapprochement with the national carrier. Is the national carrier Camair-Co behind the row which has thrown its new rival Fly Zejet off kilter? For the past year, this small airline has been embroiled in a dispute…
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Robinhood rolls out crypto API for US traders
Stock trading app Robinhood announced the release of its crypto trading application programming interface (API) for users based in the United States. On May 30, the investing app revealed its attempt to tap into seasoned crypto traders through an API. The crypto trading API allows US-based traders to set up automated trading strategies. Robinhood believes…
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PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers
PayPal is launching an advertising business leveraging its extensive user data to drive growth. The company has appointed Mark Grether, former head of Uber’s advertising unit, as senior vice president and general manager of the new PayPal Ads division. Grether will develop ad formats, oversee sales, and hire staff for the division. Key Developments Strategic Hires…
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