Most Recent World News

C.A.R to Launch Bitcoin Investment Platform Called ‘Sango’

The Central African Republic’s presidency announced the establishment of the continent’s first legal Bitcoin Investment Platform called ‘Sango’, extending the impoverished country’s.

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Egypt’s Suez Canal Revenue Expected to Hit $7 Billion by Year-end

Egypt’s Suez Canal is expecting revenues worth around $7 billion by the end of the current financial year. According to Egypt’s finance.

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African Development Bank approves $1.5 billion emergency food facility

The African Development Bank, AfDB, has approved a $1.5 billion emergency food production facility for about 20 million farmers in Africa. The.

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China’s Sinosteel signs $680 million iron ore mine deal with Cameroon

Cameroon’s government has signed a 420 billion CFA franc ($675.96 million) high-grade iron ore mining deal with a subsidiary of Sinosteel Corporation.

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US announces $215m food assistance to African countries

United States Secretary of State, Antony Blinken, has said that the US government would provide an additional $215 million in emergency food.

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South African Central Bank eyes digital rand to cut cross-border payment costs

A digital rand in South Africa could cut the high cost of cross-border payments for banks, but a senior central bank official.

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Zimbabwe Unfreezes Bank Lending Days After Policy Change

The Central Bank of Zimbabwe has removed its restriction on bank lending more than a week after the government froze credit to.

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Rwanda pumps $150m to private sector for post-Covid recovery

Rwanda has unveiled an additional $150 million in funding for businesses to stimulate growth and mitigate the prolonged impact of the coronavirus.

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IMF and Niger reach staff-level agreement on $53 million loan

The International Monetary Fund (IMF), and Niger have reached a staff-level agreement on a first programme review that will allow for disbursement.

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South African retailer, Pick n Pay to cut $187 million in costs in 3 years

South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rands ($187 million) in the next.

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