African markets

Central Bank of Rwanda raises lending rate to control inflation

The National Bank of Rwanda (BNR) has raised the policy rate from 5% to 6% in a bid to stem rising inflationary pressures, while preserving consumers’ purchasing power. The policy repo rate is the fee at which the central bank lends to commercial banks. The higher the rate, the more likely it is to reduce […]

African markets

Only Africa decides its energy future – African Markets

Africa is divided. On the continent there is talk of a clean energy transition, however, former Nigerian President Olusegun Obasanjo has said that African countries cannot be forced to follow the unrealistic ideals of the North, for an economy powered exclusively by renewable energy. Obasanjo Stance In the midst of a global oil and gas […]

African markets

GE Foundation announces $100,000 donation to South Africa – African Markets

The GE Foundation announced the donation of US$100,000 to South Africa to support flood relief efforts and fund FoodForward SA’s efforts to help vulnerable communities. the gift To celebrate Mandela Day and highlight the food security situation, the GE Foundation announced a donation of US$100,000 to support relief efforts in the KwaZulu-Natal region of South […]

African economy

How to rent an apartment when you have bad credit

Photo: Ryan DeBerardinis (Shutterstock) Jthere was a time when renting an apartment involved walking around the premises for a few minutesdeciding that you wanted it, then signature of a lease and delivery of a security deposit. Those the days ended when the concept of a credit score appeared in the late 1980s. Originally designed to […]

African countries

In many African countries, men are often reluctant to get involved in the reproductive health issues of their partners | D+C

In many African societies, sexual and reproductive health issues remain a controversial topic – the same is true in Ghana. The situation is worse among men who are often reluctant to get involved in their partners’ reproductive health issues due to social and cultural norms. Men are often brought up in a stereotypical way that […]

African markets

Cape Verde helps Gambia fight malaria – African Markets

The Gambia would like to know Cape Verde’s experience in the elimination of malaria, since it is only in the pre-elimination phase of this disease, which mainly affects African countries. The Gambia visit The Minister of Health, Arlindo do Rosário, received his Gambian counterpart, Ahmadou Lamin Samateh, who is in Cape Verde on an official […]

African economy

Dave Ramsey says debt consolidation solves nothing. Is he right ?

Image source: Getty Images Don’t rule out this debt repayment strategy just because Dave Ramsey doesn’t like it. Key points Dave Ramsey says debt consolidation doesn’t solve the real problem, which is your financial behavior. Although financial habits are what matter most, debt consolidation can also help. Debt consolidation is a frequent recommendation for those […]

African countries

African countries want our history back – Britain should return the Benin Bronzes

(Lai Mohammed) Last month I traveled to Germany to sign an agreement for the restitution of 1,130 Benin Bronzes – the hand-cast sculptures that once lined the historic palaces of the Kingdom of Benin in my country, Nigeria. Looted during a punitive colonial expedition in 1897, this act of repatriation returns our bronzes to their […]

African markets

Kenya: Listed companies increase dividend to 130 billion shillings

Dividend payout by all Nairobi Stock Exchange (NSE)-listed companies hit a record 130.3 billion shillings in their respective last fiscal years as profits recovered from the impact of the Covid scourge -19. That was a jump of 53.5% from the total payout of 84.9 billion shillings a year earlier, marking a sharp drop that shook […]

African countries

Political instability in some African countries alienating citizens from government

The Director General (DG) of the Department of State Services (DSS), Mr. Yusuf Bichi, says that the growing political instability in some African countries is the cause of the alienation of citizens from governments and authorities. Bichi said this Thursday in Abuja during the 2022 Distinguished Person Conference organized by the National Institute for Security […]

African economy

Reconsider as PayPal takes a big step forward

Podcast: play in a new window | To download Buy now, pay later (also known as BNPL) as a consumer finance option – and, more importantly, a merchant marketing tool – is a relatively recent arrival on the scene, but also a rebrand brand of a not so new idea. PaymentsLog Revisit Buy now, pay […]

African economy

Kikoff Review 2022 – Forbes Advisor

Personal loan applications, including those for credit loans, are approved or denied based on a number of factors. All lenders have their own unique underwriting requirements, but these typically include information from the applicant’s credit profile and other factors that demonstrate ability to repay the loan, such as income. To qualify for a Kikoff credit […]

African markets

Kenya: KCB targets Equity with the acquisition of a bank of 15 billion shillings in the DRC

KCB Group agreed to acquire a majority stake in a major bank in the Democratic Republic of Congo for an estimated 15 billion shillings, opening a new battlefront with Equity Bank in the vast, mineral-rich Central African country. KCB, which already has operations in Rwanda, Burundi, Tanzania, Uganda and South Sudan, said it had reached […]

African markets

Tonito, author of “Monangambé” has left us – African Markets

Musician and composer Tonito Fortunato died on Monday August 1, 2022 in Lisbon. With his death, Angolan culture is much poorer. He leaves to posterity themes such as “Monangambé”, “Undengue Uami”, “Canto Evocativo”, “Mariquinha” and “Engraxador” which have become classics of Angolan popular music. With more than 40 years devoted to music, he became a […]

African economy

Is banking at Walmart worth it?

The centerpiece of Walmart banking is its MoneyCard, originally launched as a prepaid debit card. But in June 2021, the MoneyCard was upgraded to a demand deposit account – insured by the Federal Deposit Insurance Crop. – who is essentially the same as a current account. This gives you a bank routing number and an […]

African countries

Youverify secures $1 million extension round and targets 30 African countries

Youverify, a Lagos and San Francisco-based identity verification company, secured a $1 million expansion round. The expansion round, which brought Youverify’s total fund to $2.5 million, was led by Orange Ventures and LoftyInc Capital, and also received participation from Octerra Capital, Plug & Play Venture, Syntax Ventures , HTTP Investors, Afer Group and Fronesyz Capital. […]

African markets

The nominees of the AWIEF – African Markets Awards are already known

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced the finalists for the 2022 awards. The prestigious annual AWIEF Awards recognize, honor and celebrate women entrepreneurs and business leaders in Africa across a range of industry sectors. The price Now in its sixth edition, the prestigious annual AWIEF Awards recognize, honor and celebrate African […]

African countries

the 20 African countries authorized to vote! (Official)

For the designation of the Ballon d’Or for the 2021-2022 financial year, only 20 African countries are authorized to vote for the best player in the world. France Soccercreator of golden ballannounced this year many reforms in its mode of attribution for the next editions of the most prestigious individual awards. >> Official: revolution of […]

African countries

Breathtaking photos of African nations stealing the show at Birmingham 2022 Commonwealth Games emerge ▷ SportsBrief.com

African countries put their culture and color on fleek during the opening ceremony of the 2022 Commonwealth Games Nations like Ghana, Kenya and South Africa were the toast of the opening ceremony with their unparalleled attire This is the third time that England will host the Commonwealth Games after London in 1930 and Manchester in […]

African economy

Only on Uber: more flexibility, choice and support

At Uber, we’ve spent the past two years refocusing our efforts on driving innovation. Our goal is to make Uber the best flexible work platform in the world. Much of 2021 has been about better listening to and understanding driver experiences with our products and processes. Many employees, including me, have […]

African economy

Can’t pay your bills because of inflation? This might be the best way to borrow

Image source: Getty Images Getting the right type of loan is important in today’s borrowing environment. Key points Many people are falling behind on their bills due to the skyrocketing cost of living. If you need to borrow money, choosing the right loan products is important. It’s no secret that inflation is wreaking havoc on […]

African markets

African markets show solid growth in real premium income in 2021 – Businessamlive

Insurance and pension affairs 17 hours66 views0 comment BY PHILLIP ISAKPA Data on insurers’ premium income in 2021 compiled by the Swiss Re Institute shows that many African markets saw very comfortable real premium growth last year. For example, five out of nine countries in Africa saw real growth of at least 7% in premium […]

African economy

Has living in a hotel ever made sense?

We tend to think of hotels as fancy places to spend time on vacation, but historically they haven’t always been for short stays. From the 1870s, residential hotels served as permanent addresses for families and single men unable to pay their own servants; according to the New York Times, the practice grew in popularity (and […]

African countries

FG and China to boost film production in Nigeria and other African countries – The Sun Nigeria

By Aidoghie Paulinus, Abuja The Federal Government and the People’s Republic of China have entered into partnership plans for improving the quality of films produced in Nigeria and other African countries. Following the partnership, the two countries will ensure the improvement of capacity building and the supply of high-resolution technological equipment. Nigeria’s General Counsel in […]

African economy

Student Loan Repayment: Are Parents Responsible for Student Loans?

VSO-signing or signing a student loan is an option available to American parents looking to make the process easier for students, but it is not mandatory and far from essential. The option has advantages and disadvantages for parents and students and is a decision that should be carefully considered by all parties involved. Do parents […]

African markets

AEC to generate dialogue at EuraAfrican Forum – African Markets

The African Energy Chamber (AEC) will boost the dialogue on energy transition, climate change and digitalisation, during the EuraAfricain Forum, through its Executive Chairman who will participate in a session on energy transition, climate change and digital transformation in Europe and Africa’s energy scenarios. AEC, is the voice of the African energy sector and its […]

African economy

FloBiz launches electronic invoicing service on myBillBook

Neobank FloBizwhich works to grow small and medium-sized enterprises (SMEs) in India, has rolled out a new e-invoicing service on its Goods and Services Tax (GST) billing and accounting product myBillBook. This will enhance myBillBook’s advanced billing capabilities, according to the Press releaseby helping it generate invoices in line with the government’s mandate to simplify […]

African economy

NYS DCP Warns Military Community to Be Aware of Scams Targeting Military

Tue Jul 19, 2022 5:15 p.m. Secretary of State Robert Rodriguez offers advice on raising awareness to help prevent fraud √ July is Military Consumer Protection Month By the New York State Division of Consumer Protection The New York State Division of Consumer Protection (DCP) reminds active service members, veterans and their families to be […]

African countries

Why the Sexual and Reproductive Law for East African countries is being resisted

Six of the East African Community countries – Burundi, Kenya, Rwanda, South Sudan, Uganda and Tanzania – have recently concluded public hearings on a new draft law on sexual and reproductive health. Proponents of the bill argue that it will improve access to sexual and reproductive health which, in turn, will improve other public health […]

African countries

40 young journalists from 12 African countries trained under the YAMF

A total of 40 aspiring journalists from 12 African countries received training under the Young African Media Fellowship (YAMF) organized by YALI TV and the US Mission to the African Union. Fellows participated in a 4-week virtual training including seminars, guest lectures and classes from April 14, 2022 to May 14, 2022. The main objective […]

African countries

East Africa: Why the law on sexuality and reproduction in East African countries is facing resistance

Six of the East African Community countries – Burundi, Kenya, Rwanda, South Sudan, Uganda and Tanzania – have recently concluded public hearings on a new draft law on sexual and reproductive health. Proponents of the bill argue that it will improve access to sexual and reproductive health which, in turn, will improve other public health […]

African countries

African countries challenged to invest in biodiversity conservation | The new times

There is an urgent need for African countries to increase the level of investment in biodiversity conservation and ecosystem services, Rwandan Prime Minister Edouard Ngirente has said. “This requires strong public-private partnerships to protect, restore and sustainably manage Africa’s rich biodiversity,” he said at the official opening of the African Protected Areas Congress (APAC) which […]

African economy

Shortage of childcare is hurting women

Here are three of the top financial news stories of the week, gathered from around the web: Shortage of childcare is hurting women The difficulty of finding affordable childcare and elder care continues to hold women back in the workforce, Lydia DePillis, Jeanna Smialek and Ben Casselman said in The New York Times. An estimated […]

African economy

Tomo Credit Card Review 2022: Build Your Credit Without a Credit Check

GOBanking Rates Score Quick take: The Tomo credit card is one of the few credit cards that does not require a credit check. You can get a card with no credit history or with a limited credit history. Plus, there’s no annual fee and the card is registered on the Mastercard network, giving you additional […]

African countries

Goge Africa travels to East African countries to solve intra-African travel issues

Goge Africa, a tourism and cultural media brand, claims to explore African countries with the aim of offering solutions to travel, trade and investment issues in Africa. Its chief executive, Nneka Isaac-Moses, in a statement released Friday in Lagos, said the organization’s leadership team had recently visited Tanzania and Burundi in East Africa. She said […]

African countries

Goge Africa visits East African countries to address intra-African travel issues – The Sun Nigeria

Goge Africa, a tourism and cultural media brand, says it explores African countries with the aim of providing solutions to intra-African travel, trade and investment issues. Its chief executive, Nneka Isaac-Moses, in a statement released Friday in Lagos, said the organization’s leadership team had recently visited Tanzania and Burundi in East Africa. She said it […]

African countries

Nigerian Ambassador to Moscow Says African Countries Satisfied with Relations with Russia

Umer Jamshaid Posted on July 15, 2022 | 4:00 am MOSCOW (UrduPoint News/Sputnik – July 15, 2022) Nigeria’s Ambassador to Russia, Abdullahi Shehu, said on Thursday that Nigeria and other African countries are happy with their relations with Russia and look forward to deepening the cooperation in the fields of economy and culture. On Thursday, […]

African economy

How to rent an apartment with a low credit score

Finding an apartment to rent with a low credit score can be difficult, but it’s not impossible. In addition to looking apartments without credit check, you can take steps to increase your chances of having your rental application accepted when applying for an apartment rental with weak or bad credit. What do you need to […]

African countries

African Countries Climate Adaptation Bill Will Dwarf Health Spending | Climate crisis

African countries least responsible for the climate crisis will have to spend up to five times more to adapt to global warming than they spend on health. Analysis of 11 nations with a combined population of over 350 million lays bare the enormous financial cost of taking action to avoid the severe environmental consequences of […]

African markets

Increase in Kenya’s share of exports to African markets

Columnists Increase in Kenya’s share of exports to African markets Wednesday, July 13, 2022 An Empire Kenya tea worker packing for auction and export in this photo taken August 5, 2020. PHOTO | LABAN WALLOGA | NMG Kenya is set to outrun the waves of the Covid-19 pandemic in terms of economic recovery, according to […]

African countries

Chinese firm partners with African countries to advance tech

Baidu, a Chinese multinational tech company specializing in internet-related services, products and artificial intelligence (AI), said it would partner with African countries interested in advancing technologies. Mr. Gon Lei, head of public communications for Baidu companies based in China, said this in an interview with the News Agency of Nigeria on Tuesday in Beijing. Gon […]

African economy

Business Data Platform Klover Appoints Colette Freeman as Director of Human Resources and Administration

Freeman’s appointment comes as the company continues to grow and prepare to launch its free neobanking service later this year. CHICAGO, July 12, 2022 /PRNewswire/ — Klovera leading fintech and data platform co-founded by the CEO Brian Mandelbaum & CTO Dominique Bennett which is democratizing access to modern financial services by leveraging authorized consumer data, […]

African economy

BBB talks payday lenders

BBB says stay independent of payday lender debt cycle Consumers can easily fall into the debt trap, especially as inflation appears to be eroding purchasing power. Payday loans can be attractive when you’re on the downside of the debt cycle, but your Better Business Bureau (BBB) ​​advises extreme caution. Take a few moments to think […]

African markets

Safaricom launches interest-free loans for the purchase of goods

Safaricom (NSE: SCOM) has unveiled a zero rate credit service that will allow millions of its customers to buy goods for up to 100,000 shillings and pay later, which is expected to disrupt the mobile loan market. Users of the interest-free product known as Faraja will purchase goods and services from 20 shillings up to […]

African countries

The Central African Republic will become one of the first African countries to have its own digital currency

Faustin-Archange TouaderaPhotographer: Valeria Mongelli/Bloomberg The Central African Republic is about to step into the financial future with its latest initiative. The country, which was the first on the African continent to adopt Bitcoin as legal tender in April 2022, has announced its own digital currency, according to the country’s leader. “Sango Coin will be the […]

African countries

Terrorism affects the socio-economic life of some African countries – Minister of National Security

He said it was on record that as of June 28, there had been 17 terrorist attacks on the mainland, killing 574 people and injuring many more. The minister made the remarks during the first regional high-level course on the prevention of violent extremism for the West Africa region. It was organized by the Swiss […]

African cultures

Akwaaba: West African Cultures opens in Putnam

DAVENPORT, Iowa – Now open, the Putnam Museum and Science Center’s new exhibition “Akwaaba: West African Cultures” is the second exhibition at the World Culture Gallery. The World Culture Gallery showcases cultures from around the world, as evidenced by the museum’s historical collection and rich partnership within the international Quad Cities community. Affiliated with the […]

African markets

How trade and investment are on the rise in Africa

By Michael Gary Published: 05 July 2022 16:26 Investor-led and casual trade has been on the rise for several years across the world, but now it’s really picking up in Africa and its 54 countries. Different types of trade are gaining traction in different ways, and of course there are differences between countries. Here are […]

African countries

Africa: Terrorism affects the socio-economic life of some African countries – Minister of National Security

Some African countries bear the brunt of terrorism as it has affected the social and economic life of these countries, said Albert Kan-Dapaah, Minister of National Security. He said it was on record that as of June 28, there had been 17 terrorist attacks on the mainland, killing 574 and injuring many more. The minister […]

African economy

Gen Z economies have been hardest hit by inflation, survey finds

Finn Hafemann / iStock.com People saved more money than ever during the pandemic recovery years, but rising prices are now forcing many to loot the emergency funds and nest egg they have built up – especially young people. A new GOBankingRates study of 1,000 adults shows that more than half of 18-24 year olds have […]

African economy

You need to enlighten yourself on the different types of loans that you can avail in your life

These days it is normal and common to borrow money from banks, moneylenders and other financial institutions to help pay for living expenses. Loans can be used to make planned purchases like a house, car, vacation, or expensive appliance. Or they can be a saving grace when you find yourself in an emergency with no […]

African economy

Top 5 Florida Car Title Lenders for Bad Credit in 2022

Tired of searching for the right title lender in Florida? Your fight is finally over! We have collected information on the top 5 lenders that will provide you with everything you need. 1. Compacom Title Loans Compacom is an open online platform that helps Americans make better decisions every day. Customers can compare, Choose and […]

African markets

Kenya’s economy surpasses pre-pandemic levels in first quarter

Kenya’s economy has rebounded above pre-pandemic levels, with gross domestic product (GDP) growing by 6.8% in the first quarter of this year. Latest data from the Kenya National Bureau of Statistics (KNBS) shows that GDP grew by 2.7% last year and 4.4% in 2020 thanks to the recovery in transport, food and services. The sectors […]

African countries

After COVID, African countries pledge to fight malaria

Finding holes in a mosquito net at a textile factory in Arusha, Tanzania.Credit: Jim Young/Reuters/Alamy More than $4 billion in new funding has been pledged by African countries, international donors and pharmaceutical companies at an international summit held in Rwanda to end malaria and neglected tropical diseases. The commitments were announced at the Kigali Summit […]

African countries

Twelve African countries report 1,782 monkeypox cases | New

Twelve African countries have so far reported 1,782 cases of monkeypox, the Africa Centers for Disease Control and Prevention (Africa CDC) revealed on Thursday. RELATED: Spread of monkeypox in Africa shows ‘worrying sign’, warns WHO Of the 1,782 cases of monkeypox that have been reported in Africa, some 1,678 of them are suspected cases while […]

African countries

CHOGM 2022: an important homecoming for African countries

Last Friday, the curtain was drawn for the 2022 Commonwealth Heads of Government Meeting held from 20-25 June 2022 in Kigali, Rwanda. The week-long program was attended by over 50 government leaders and joined by leaders from business, philanthropy, royalty and civil society. Convergence, on the theme ‘Delivering a common future: connecting, innovating, transforming” is […]

African countries

African countries are trying to develop non-tariffication to develop the regional value chain

NAIROBI, Kenya June 30 – African countries are working on non-tariffs that will boost manufacturing to enable the continent to meet the demand and supply of goods and services in the African market. Director of the United Nations Economic Commission for Africa (UNECA) for the sub-regional office for East Africa, Mama Keita, said there is […]

African countries

Five actions to better prepare African countries for the next pandemic

Globally, COVID-19 cases and associated deaths are lower in June 2022 than they were at the start of the year. But the infection figures are rising. East Africa no exception. The past two years have caused unimaginable disruption to normal life. And these disturbances continue to delay the recovery of savings and health systems in […]

African markets

Diversified retailer CA Sales lists on the Johannesburg Stock Exchange

The JSE, Africa’s largest stock exchange, today listed CA Sales Holdings Limited to its main board, offering South African investors exposure to the fast-moving consumer goods (FMCG) company with a footprint in several southern African countries. CA Sales was first incorporated in South Africa in 2011, later expanding its wings to Botswana, Swaziland, Namibia, Lesotho, […]

African countries

Tennis star Ons Jabeur “boosts sport in Arab and African countries”

DUBAI: Just hours before Tunisian tennis superstar Ons Jabeur kicks off her Wimbledon 2022 campaign against Sweden’s Mirjam Bjorklund, she has been confirmed as world number two, the highest ranking of her career. It was also the highest ever for an African or Arab, female or male tennis player. For Emirati tennis specialist Khalid Al-Ali, […]

African economy

‘Stamp Guy’ found guilty of defrauding Canada Post of $235,000

Breadcrumb Links New Canada Post trade analysts started calling him ‘the stamp guy’ (Postmedia Network) Content of the article Canada Post trade analysts started calling him “the stamp guy.” Advertisement 2 This ad has not loaded yet, but your article continues below. Content of the article For at least three years, Allan Fischer, 59, created […]

African markets

Why Russia and Ukraine Compete for African Markets

Ukraine has pleaded with African countries not to buy grain and fertilizer allegedly stolen by Russia. Ukraine said that without the support of Africa as a market, its economy would suffer irreparable damage. AU leaders reluctantly engaged with Ukrainian President Zelensky. While Africa is heavily dependent on Ukraine and Russia for its food security, both […]

African countries

A turning point for democracy in African countries

Sixty years ago, the British, French and Belgian governments began to bring 45 of their African colonies to independence. Most new African nations inherited multi-party democracies from their former colonial masters. However, it was not long before many of these young democracies began to transform into one-party dictatorships. Eventually, poor decisions and poor management swung […]

African markets

Honoris United Universities seeks Western level of education in new African markets

The company aims to enter new markets over the next year, Kakon said at the Africa CEO Forum in Abidjan. The aim is to expand access to “a standard western education in Africa”, she says. African universities are looking to embrace online learning after Covid-19 disrupted face-to-face teaching and travel bans curbed student mobility. According […]

African countries

World football stars avoid Nigeria and holiday in other African countries

237 total views, 1 views today By Amaechi Agbo As the 2021/2022 football calendar season ends in May, several global football stars have embarked on vacations to different continents and nations to flex their muscles and get a feel for new climates, environments and cultures. However, while some of these soccer superstars have chosen many […]

African economy

Indy Pass adds 8 more stations | Now offering 100 hotels for $399

Nob ski resort of Nub. Credit: Station’s Facebook Indy Pass now offers two days each at 100 independent resorts, including new partners in the Upper Midwest, New England and Pacific Northwest. Indy Pass today announced that eight new resorts will join for the 22/23 season, including Nub’s Nob, Michigan, as well as alpine and cross-country […]

African countries

Top 5 African countries with the most cryptocurrency holders

Despite the market trend, Bitcoin and cryptocurrency adoption has grown over 880% in the past year. At this rate, Bitcoin and other cryptos are indeed attracting increased attention due to the fact that they are used as an investment tool instead of other good options. In many parts of Africa, crypto holders have been at […]

African markets

Morocco’s participation in AFRICA’S BIG 7 reflects its commitment to African markets (Ambassador)

MOROCCO, June 20 – Morocco’s participation in the AFRICA’S BIG 7 exhibition, which took place from June 19 to 21 in Johannesburg, testifies to the eminent voluntarism and commitment of national operators to African markets with high growth potential. , said Sunday the ambassador of the Kingdom to South Africa, Youssef Amrani. “These markets are […]

African economy

Interest-Free Loan Program: How the Interest-Free Program Works

The pilot initiative will expand beyond its existing areas in Herefordshire, Shropshire and Worcestershire to other parts of the UK The Treasury-backed interest-free loan (Nils) scheme, which is run by credit unions and other lending organisations, has been successfully piloted in Manchester and will be rolled out across the UK in September. Register to our […]

African economy

Glucavive Review – Risky Side Effects or No Negative Complaints?

Since even minor changes in a person’s diet can cause large fluctuations in blood sugar levels, taking blood glucose supplements can be extremely difficult if one has diabetes. However, since diabetics have to deal with issues such as high blood sugar and swelling, supplementing their diet can also be very beneficial and may even lessen […]

African markets

KCB Group takes 77% stake in merged Rwandan lender

KCB Group took a 77% stake in BPR Rwanda, the subsidiary resulting from the merger of KCB Bank Rwanda and Banque Populaire du Rwanda (BPR). The Nairobi Stock Exchange listed company previously owned 100% of KCB Bank Rwanda. It acquired a 62.06% stake in Banque Populaire du Rwanda (BPR) last year for a total cost […]

African countries

East African countries reaffirm their commitment to strengthen peace and security

East African Community Eac Member States of the East African Community (EAC) on Monday reaffirmed their commitment to strengthen peace and security in the region by providing their armed forces, police and security actors with training on peace support operations. A statement from the EAC headquarters in Arusha, northern Tanzania, said the reaffirmation was made […]

African markets

Botswana: Bank profits up in the first quarter

By Msgi online Published: June 13, 2022 5:15 p.m. The country’s commercial banks recorded collective profits after tax of P529.6 million in the first three months of the year, an increase of more than P77 million compared to the corresponding period in 2021. The latest figures from the Bank of Botswana released recently indicate that […]

African countries

Bitcoin Ban: African Countries Where Crypto is Restricted or Illegal

Due to its extreme volatility, its use in nefarious transactions, and the exorbitant use of electricity to mine it, the legal status of digital currency varies widely from country to country. But as more and more Africans turn to cryptos, criticism has continued to come in for a series of restrictions on their use. Some […]

African economy

Do you need more reasons for a credit freeze? | Local News

Most of us think we know some of the possible consequences of identity theft. We know that scammers who get our personal information, especially that nugget of gold that is our social security number, can use that information to apply for credit cards or maybe even get utilities or a phone bill. . But the […]

African economy

StellarFi partners with the National Foundation for Credit Counseling

StellarFi and NFCC announce their partnership. Source: Stellar StellarFi announcement Wednesday he partners with the National Foundation for Credit Counseling (NFCC). The NFCC is a non-profit organization specializing in advising consumers on all aspects of credit. The new partnership gives StellarFi users access to NFCC-certified credit counselors to help them learn more about credit and […]

African countries

Tanzania signs agreements with three African countries for the teaching of Kiswahili

University of Dar Es Salaam Tanzania’s public University of Dar es Salaam (UDSM) has signed agreements with three higher education institutions in three African countries for the teaching of Kiswahili, a cabinet minister told parliament on Monday. Culture, Arts and Sports Minister Mohammed Mchengerwa said UDSM has signed agreements with Joachim Chissano University in Mozambique, […]

African economy

Student loans to pay for trade school: what you need to know

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Trade school student loans can help you […]

African countries

Here are 5 African countries with the best roads

Some infrastructural developments include roads. Citizens know how important roads are for accessing important and quality services such as health care, transport, food, etc. An index from the Global Competitiveness Report indicates that some countries have made great efforts to improve their economies in terms of infrastructure. Ghana is not considered to have major highways […]

African countries

African countries look to Japan to circumvent Ukraine wheat ban

Published on: 06/05/2022 – 08:15 African countries that need to fill the void created by the lack of Russian and Ukrainian food imports must look outside the typical sphere of economic aid, UN Under-Secretary-General Ahunna Eziakonwa said after a five-day mission to Japan. Eziakonwa, also the United Nations Development Program (UNDP) Regional Director for Africa, […]

African economy

Naples Pawn Shop helps the economy by keeping more money local

NAPLES, FL, June 04, 2022 /24-7PressRelease/ — We are all looking for ways to support each other and sustain each other in this crazy economy. Inflation affects everything from food and gas prices to housing. Our budgets are stretched to the limit and broken. Rather than first thinking of taking a trip to your big […]

African economy

Quick and easy tips for getting a free cash advance without a credit check

A loan can be a real liberator in case you find yourself in a problem where you want money quickly. In case, again, you have a disastrous financial record or no record as a customer using any means possible, he might endeavor to find a bank that will give you development credit. In the rest […]

African economy

The 6 Best Buy Now, Pay Later Apps of 2022

If you’re considering using a buy now, pay later app, it can be difficult to know which one is right for you. After all, they all serve a similar purpose but have very different characteristics. Here are some questions to ask yourself when choosing the right buy now, pay later app for you: What is […]

African markets

Elon Musk’s Starlink rollout poses a familiar paradox in African markets

If all goes as planned, the people of South Africa, Nigeria, and Mozambique, who probably made the $99.00 deposit with great gusto and excitement, would have the full Starlink gear in their possession before the end of the year. Starlink is one of many lunar shots that Elon Musk, today’s richest man and admired serial […]

African economy

Be aware of scams targeting the military this Memorial Day

MADISON, Wis. (WMTV) – The Better Business Bureau warns that while Memorial Day is a time to honor those who lost their lives for our country, scam artists also like to take advantage of this time of year. Scammers use Memorial Day to take advantage of victims in a variety of schemes with a patriotic […]

African markets

FEDCOC launches missions to develop exports to Arab and African markets

The General Federation of Chambers of Commerce (FEDCOC) headed by Eng. Ibrahim El-Araby, President of the General Federation of Chambers of Commerce and President of the Federation of African Chambers of Commerce and Industry, in cooperation with the Federation of African Chambers of Commerce and Industry, will launch a group of trade missions in African […]

African economy

[Review] Credit and Funding Book: Carlos Smith [The Credit God] and Percy Miller [MASTER P]

Are you one of the many people who were deprived of financial education in school? Has anyone ever stressed the importance of establishing credit at home? No problem, the god of credit recently announced the launch of his latest book which covers every conceivable angle on this and many other financial topics. Given the importance […]

African markets

Stanchart leaves five African markets

COMPANY | STANDCHART | MARKET CLOSURE The British banking group Standard Chartered plans to withdraw from five African countries and some countries in the Middle East. According to the statement dated May 6, 2022 issued to certain customers, the bank says the changes are aimed at “focusing and simplifying” their presence in Africa and the […]

African economy

IcyBreeze Portable Air Conditioner Reviews: Is Icy Breeze AC Worth the Money?

Summer is upon us and thanks to climate change/global warming, heat waves have increased all over the world, let alone in our country. Extreme heat can be uncomfortable. Of course, there are air conditioners you can use, but the cost involved can be quite hefty. Also, installing an air conditioner can be exhausting. But you […]

African economy

IdentityIQ Rocket Credit Score Reviews (Be Prepared) Legit Credit Score Monitoring?

Rocket Credit Scores is a website that helps consumers understand their current credit score with a paid subscription. Users will have instant access to their credit reports from TransUnion, Experian and Equifax. What are Rocket Credit Scores? Credit follows consumers everywhere. Every payment they make late (or on time) can cause their score to change, […]

African markets

Nigeria’s central bank raises benchmark interest rate to 13%

By Xinhua Published: May 25, 2022 5:15 p.m. (Xinhua) — Nigeria’s apex bank on Tuesday raised its benchmark interest rate to 13 percent, the first hike in more than two years. The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points to tackle rising inflation in Africa’s most populous country, […]

African countries

Egypt works side by side with African countries to achieve sustainable development: Sisi on Africa Day – Foreign Affairs – Egypt

Africa Day marks the founding of the Organization of African Unity (OAU) on May 25, 1963, with Egypt as a founding member. The OAU then evolved on July 9, 2002 to become the African Union (AU), made up of 55 member states representing all the countries of the continent. “I congratulate all brotherly African peoples […]

African markets

Uber crosses the milestone of one million trips in its African markets

Uber has announced that it has completed 1 billion trips in all its markets in Africa. This feat translates to more than 10 billion kilometers in terms of distance covered. The milestone comes nearly a decade after the mobility technology company set up shop on the continent in Johannesburg, South Africa. It has since established […]

African economy

Buy now, pay later? You risk spending too much | Press PLAY

If you’ve shopped online recently, you’ve probably seen the option to pay in installments through services like Klarna, AfterPay, and Affirm. Usually there is no credit or interest check, and no fees if you pay on time. This system is good for those who don’t have a credit card and need to spread out their […]

African countries

Scholz talks about crises and cooperation in three African countries – The Berlin Spectator

Chancellor Olaf Scholz visits three African countries in as many days. In Senegal, Niger and South Africa, improving economic relations is its main objective. But the three global crises, Corona, Russia’s war against Ukraine and global warming, are also on the agenda. Berlin, May 23, 2022 (The Berlin Spectator) — Energy, investments and trade are […]

African markets

The case of Ghana Eurobonds

Eurobonds denominated in USD have become the darlings of the African investor. Nigeria and Ghana are among the most requested Eurobonds. Nigeria, with a low debt-to-GDP ratio of 34.98%, offers strong returns with relatively low risk to capital. Ghana offers extremely high yields alongside a scorching debt-to-GDP ratio of 78% (March 2022) from 80.1% in […]

African economy

Consumer Reports recommends 5 gas apps to save money at the pump

Thanks to high gas prices, daily driving is much more expensive than before. Now, more than ever, find the cheapest places to refuel, improve fuel consumption, and identifying ways to save money at the pump are essential. that’s why consumer reports has compiled a list of free gas apps to help you improve fuel economy. […]

African countries

Ukraine invasion: New US law aims to punish African countries that ‘align’ with Russia

As the Russian-Ukrainian conflict escalates, it appears to be opening a new chapter in the Cold War between the US-led West and Russia, which will also spill over into Africa. A bill that would force Washington to punish African governments that encourage Russian “malicious activities” on the continent is going through Congress. According to Daily […]

African markets

Arms sales: India attacks African markets

Attempting to tap Africa’s large arms market, a Ministry of Defense delegation comprising representatives of major private manufacturers is visiting Tanzania at the end of this month to explore export opportunities for military products and seek a strategic cooperation. The trip, scheduled for May 30, which will be the third recent visit to Africa after […]

African countries

US bill aims to punish African countries for ‘aligning’ with Russia

A United States (US) bill that would require Washington to punish African governments that encourage Russia’s “malicious” activities on the continent is going through Congress. Countering Russian Malicious Activities in Africa Law passed the House of Representatives on April 27 by a huge bipartisan majority of 419 to 9 and is now sure to pass […]