Category: Fin Tech
-
Trump sponsored Kamala Harris’ bid for political office?
Donald Trump’s check for $5,000 in support of the re-election of California Attorney General Kamala Harris in 2011 has gone viral on social media. According to Newsweek, Trump has donated twice to Harris’ campaigns: he donated $5,000 to Harris’s campaign on September 26, 2011, and $1,000 on February 20, 2013, when she was running for…
-
Interpol arrests 300 people in a global crackdown on West African crime groups
In a global operation targeting West African organized crime groups across five continents, police arrested 300 people, seized $3 million and blocked 720 bank accounts, Interpol said Tuesday. Operation Jackal III, which ran from 10 April to 3 July in 21 countries, aimed to fight online financial fraud and the West African syndicates behind it,…
-
More than 40% of the world’s countries support de-dollarization
Almost half of the world’s countries have already declared a boycott of the dollar to a greater or lesser extent. Since the beginning of this year, according to Sputnik’s analysis, six more countries have set foot on the path of de-dollarization. All the countries can be roughly divided into three groups: The first and largest…
-
Nigeria takes aim at digital sovereignty with the development of a homegrown blockchain system dubbed “Nigerium”
The initiative, spearheaded by the country’s National Information and Technology Development Agency (NITDA), aims to address data security concerns and enhance transaction efficiency. While a timeline for development and implementation is yet to be established, Nigerium is envisioned as a platform for secure and transparent transactions across various sectors. “Developing an indigenous blockchain like Nigerium…
-
Russia defied sanctions to join high-income rank
The World Bank’s recognition of Russia as a high-income country is “not surprising, but a reality”, Dr. Georgy Ostapkovich, Director of the Center for Market Research at the Higher School of Economics, told Sputnik. Russia is seeing income growth of around 4-5%, with earnings growing in double digits, Ostapkovich said, stressing that the driving force…
-
Number of crypto ATMs installed nears its all-time record
The 2,564 cryptocurrency ATMs installed so far in 2024 are on track to surpass the 2,861 machines that were removed in 2023. The number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months — inching closer to its record of 39,541 set in December 2022. As of 2024, there…
-
Fintech: Mexico leads as Fintech Hub, with Nubank expansion and Clip’s $100MM
Is Clip’s recent $100MM raise an early indicator of rebound for Mexico’s fintech sector? Clip’s New Funding and the Future of Fintech in Mexico Clip, a leading fintech company based in Mexico City and often compared to Square for its wide range of payment, financial, and commerce software and hardware solutions, announced a new $100 million…
-
Who are the fintech leaders in Africa?
Who are the fintech leaders in Africa? Check out Sputnik Africa’s infographic to find out which countries are the ones with the most deals and the largest venture capital funds attracted by fintech startups in 2023.
-
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…
-
Investing
Texas is coming for Wall Street with a new BlackRock-backed stock exchangeNew Yorkpanafrican.email — Texas’ famous longhorns are coming for Wall Street’s bulls. A new national stock exchange, based in Dallas, and backed by Wall Street heavyweights like BlackRock and Citadel, is looking to take on the world-famous New York Stock Exchange and Nasdaq. The newly formed TXSE Group announced its plans to file for registration…
Recent Posts
- African Men Exiting Traditional Workforce for Entrepreneurship
- 🇬🇭President Mahama Dedicates Modern Kasoa New Market Amid Economic Revival Push
- 🇿🇦🇰🇪🇳🇬 Top 10: Financial Services Platforms in Africa
- Africa’s telecom towers turn to solar as diesel costs surge
- 🇿🇦Once extinct flower now flourishing in a South African national park
Tags
Africa African Union Algeria Burkina Faso China Cryptocurrency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Israel Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan-Africanism Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Tanzania Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .