Category: International Business & Finance
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LATEST: Sony’s Ethereum layer-2 project, Soneium, is set to launch a Japanese Yen stablecoin in partnership with Sony Bank.
Sony Makes a Yen for Blockchain: Tech Giant to Launch Japanese Yen Stablecoin Panafrican.email – September 13, 2024 In a move that could significantly impact the global cryptocurrency landscape, Sony is making a big splash in the world of blockchain. Their Ethereum layer-2 project, Soneium, is partnering with Sony Bank to launch a stablecoin pegged…
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Justin Sun Attacks Coinbase’s Wrapped Bitcoin
Justin Sun, the founder of Tron and BitTorrent, has launched a scathing attack on Coinbase’s newly launched wrapped Bitcoin variant, cbBTC. Sun alleges that cbBTC lacks essential safeguards and poses significant risks to users. In a series of tweets, Sun criticized cbBTC for its lack of proof-of-reserve, a mechanism that verifies that a cryptocurrency exchange…
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Turkey interested in Libya’s offer of offshore exploration, says energy minister
Turkey is interested in an offer from Tripoli to carry out energy exploration offshore Libya, Turkish Energy Minister Alparslan Bayraktar said on Wednesday. “Libya has offered to us to work with our seismic vessels offshore. Frankly, we are warm to this. So we can be in the Libyan offshore to carry out seismic work,” he…
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Thomas Kaplan unmasked: Controversial Soros-linked investor, art-collector in cahoots with globalist cabal
Part 2/ Kaplan rose to prominence as a natural resources investor being backed at the time by none other than US globalist George Soros, who provided Kaplan with $10 million of “seed money” to found Apex Silver Mines in the 1990s. ▪️In 2010, Soros and another American billionaire, John Paulson, invested a combined $175 million…
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The number of countries investing in Zimbabwe rose by 35% to 46 last year, the government says
The Zimbabwean government also issued licenses to 615 new foreign investors, a 130% increase from 2022, said Willard Manungo, deputy chief secretary in the Office of the President and Cabinet, at a recent Zimbabwe Investment and Development Agency (ZIDA) stakeholder forum. According to him, China remains Zimbabwe’s largest investor, with new investments coming from South…
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Chinese bus manufacturer Yutong eyes Tanzania assembly plant amidst growing market presence
The decision, announced by Kellen Zou, CEO of Yutong Bus Tanzania, during the inauguration of Yutong’s new offices and service center in Tanzania, is driven by the company’s positive market performance in the African country, according to local media. Zou highlighted the rapid growth of the Tanzanian and East African markets, which he described as…
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Liberian Culture: A Pillar of Unity and Progress
In a hotel that sells crafts imported from neighboring Guinea and Côte d’Ivoire, Liberia’s vibrant culture stands as a testament to the country’s resilience and potential for growth. Despite its exterior progress, Liberia bears deep scars from years of conflict. As Sherman from the Foundation for International Dignity puts it, “Liberia is wearing clean clothes,…
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Spain’s Canary Islands see surge in migrants
El Hierro, part of Spain’s Canary Islands, has become a major destination for African migrants seeking better opportunities. In 2023, over 14,500 people arrived on the small island, with numbers continuing to rise in 2024. Migrants, hailing from countries like Senegal, Gambia, and Mali, arrive in boats called cayucos, and the island’s residents, known as…
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Some of the leading mobile money services in Africa
Disclaimer: While panafrican.email can provide a general overview of the leading mobile money services in Africa, it’s important to note that real-time revenue data can be difficult to obtain for all countries due to various factors, including: That said, based on market research and industry trends, here are some of the leading mobile money services…
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At least 48 killed as fuel tanker hits truck, causing explosion in Nigeria
In Agaie area in the north-central Niger state of Nigeria, a fuel tanker truck has collided with another truck, causing an explosion that killed at least 48 people, according to the country’s emergency response agency. The fuel tanker was also carrying cattle in the Agaie area in north-central Niger state and at least 50 of…
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