Africa-news

Africa-news (598)

Another African country joined the crypto regulation’s bandwagon, and this time is Botswana, which passed a bill to regulate digital assets trading.

If women invested at the same rate as men, the global fund management industry could have had more than US$3 trillion in additional cash to allocate last year, according to a new study.

Tennis star Serena Williams and NBK Capital Partners have joined a growing number of investors in African startups seeking to take advantage of a tech and innovative-finance boom on the continent.

Sales of rough diamonds by Debswana Diamond Company jumped 64% in 2021, statistics released by the Bank of Botswana showed on Monday, driven by the reopening of key global consumer markets.

The co-founders of internet calling app Skype and Nigerian payments success story Flutterwave are among the big names backing a new tech growth fund aimed at investing in African “impact start-ups”.

Chinese and French oil giants sealed a landmark US$10-billion deal on Tuesday to develop Uganda's energy resources and build a vast regional oil pipeline, a megaproject that has incensed environmental groups.

South Africa plans to raise around R630 billion in global markets this year, Finance Minister Enoch Godongwana told the country's lawmakers on Tuesday.

South Africa's government is in talks with the World Bank to secure additional funding, according to people familiar with the discussions.

The mining industry has called for urgent deregulation of the energy sector so that private players can help to relieve crippling energy shortages facing South Africa.

Microsoft's Satya Nadella has been named the world’s top CEO by brand valuation consultancy Brand Finance. The Indian-born American succeeded Steve Ballmer in 2014 as the leader of the technology corporation.

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