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Africa

How Strong Will The South African Rand (ZAR) Be In 2024?

23/07/2024 No Comments

The South African rand (ZAR) has had a turbulent 2024 so far – particularly around the time of the country’s dramatic elections at the end of May.

What Does Nigeria’s Crack Down On Binance Mean For Crypto?

21/03/2024 No Comments

Two senior Binance executives have been arrested and detained in Nigeria, as Africa’s largest economy continues to crack down on the crypto industry.

Could Ghana’s Anti-LGBT Bill Deter Foreign Investment?

20/03/2024 No Comments

Last month, the Ghanian parliament passed an anti-LGBT bill, in a move that could dent foreign investment flows into the West African country.

Chinese Bitcoin Miners Seek New Haven In Ethiopia

27/02/2024 No Comments

A shift in Bitcoin markets is underway, with Chinese Bitcoin miners increasingly relocating their operations to Ethiopia.

Francophone Africa offers best value for venture-capital investors

March 9, 2022

Francophone Africa, as well as countries such as Mozambique and Angola, remain largely overlooked. Anglophone investors find it hard to establish contacts

Kenya turns to Blockchain to improve farmer incomes, food supply chains

February 28, 2022

Wider adoption of Blockchain technology in Kenya will support long-term crypto performance

There is a danger that Binance, and other cryptoexchanges, are selling crypto as the solution to all the world’s ills – in the case of Africa, the nightmare of persistently high inflation, poor wages, and in some cases, poverty. The glamour of elite football is making such products all the more appealing, and helping cover over many of the risks.

Africa Sustainability ESG

DRC responsible cobalt initiative needs breakthrough on mine access

January 18, 2022

Trying to avoid buying DRC cobalt makes little sense in purely financial terms. The DRC’s predominant role in global supply means that buyers will need to pay a premium to avoid it entirely. There is no green world without DRC cobalt

Africa Sustainability ESG

Rwanda aims to become the Luxembourg of Africa for green finance

December 3, 2021

Africa urgently needs a new international finance centre, according to a survey of African decision-makers by Rwanda Finance, the agency mandated to develop the KIFC, and Africa Legal

Africa Banking

South Africa’s challenger banks can make rapid payments inroads

October 1, 2021

For the challenger banks, winning customers from entrenched incumbents will not be easy. New entrants such as Bank Zero and Discovery Bank have been targeting millennials with mobile banking offers but to date have failed to really take off, Mokgabudi says.

Africa Banking

Nigeria: Open banking will trigger survival of the fittest

September 1, 2021

There are 73m active bank users, creating a huge amount of customer data which remains underexploited. Nigeria’s national target is for 95% of the adult population to have access to formal or informal financial services by 2024.

Africa Sustainability ESG

Responsible gold sourcing and the long road from DRC to Dubai

July 1, 2021

Attempts by the London Bullion Market Association (LBMA) to get to grips with responsible gold sourcing will founder unless it can get to grips with east African supply chains used to move conflict gold in the Democratic Republic of Congo (DRC) to Dubai.

Africa Banking Sustainability ESG

Ghana’s sustainable bonds will help government finances more than environment

June 15, 2021

Despite the unpromising medium-term outlook, Ghana should be able to raise the money provided it can meet the conditions set by Environmental, Social and Governance (ESG) investors, Bohlund says.

Africa Digital Assets

Akoin: Sorry, Blame it on the 54+ currencies in Africa

November 17, 2020

The Mwale Medical and Technology City (MMTC) is almost complete, a $2 billion sustainable metropolis in the Republic of Kenya. Work started in 2014 and some of the features include a 35-acre Disney-style water park, the world’s largest convention centre, a 36-hole Golf Course (the largest in Africa). And if you weren’t convinced yet, MMTC has more SOLAR street lights than any City in the world as of November 2020.

Africa

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