After a rocky start, the Ghana Stock Exchange (GSE) ended the first half of the year on a positive note as investors continued to find comfort in stocks, driving its market capitalization to an all-time high (ATH) of GH70.24 billion.
Monday, July…
Bitcoin may be far below the all-time high of $69,044 it touched towards the end of 2021, but this much is true: It has exceeded expectations in 2023 by surging 86% since the start of the year, when it was trading for…
Food inflation in Nigeria increased by 1.13% year over year to 24.19%, with important products including beef, tomato, and rice seeing the biggest increases.
The National Bureau of Statistics recently produced a report titled "Selected Food Price Watch" for May 2023, which…
The BRICS group of rising economies has received official expressions of interest from Ethiopia, according to its ministry of foreign affairs.
Meles Alem, a spokesman for the foreign ministry, stated that "we have applied for membership and we expect BRICS to give…
South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according to the country’s financial regulator.
The Financial Sector Conduct Authority has received about 20 applications since opening for licenses a few weeks…
Regulators have made positive strides in bringing crypto-assets within the regulatory perimeter, says the South African Reserve Bank (SARB).
This comes as the central bank continues its investigation and stress testing of distributed ledger technology (DLT) in financial markets. DLT is a…
After facing a hiccup in its operations in 2022 owing to a chargeback fraud event, Union54, a Zambian fintech firm, is getting ready to launch a super-app called ChitChat in partnership with MasterCard.
ChitChat is a joint project between Union54 and MasterCard,…
Togo introduced a revised law on electronic transactions during the fifth plenary session of the National Assembly's first regular session in June 2023.
The goal of this endeavor is to match the current laws with the new problems and difficulties brought on…
Even while only 2% of all cryptocurrencies' value is spent on the African continent, their explosive growth will change how money is spent in a sub-Saharan Africa that is becoming more urban and digital. In fact, according to a recent research by…
The Israeli Defense Ministry reported that the Israeli government has seized millions of dollars in digital funds belonging to two Iranian-backed groups: the Iranian military and the Hezbollah militant group. This ploy pulled by the Israeli intelligence agencies is targeted at rattling…