Category: Africa
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Conference Bitcoin Afrique: A Bitcoin-Only Revolution in French-Speaking Africa
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In April 2025, Bitcoin is converging from all over the world in Dalla, Cameroon, at the Bitcoin Africa Conference (CBA), a pioneering event dedicated to the adoption of Bitcoin in French -speaking African countries. This is not just an encrypted event or Bitcoin currencies-it will be a focused and high-influential…
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Conference Bitcoin Afrique: A Bitcoin-Only Revolution in French-Speaking Africa
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In April 2025, Bitcoin is converging from all over the world in Dalla, Cameroon, at the Bitcoin Africa Conference (CBA), a pioneering event dedicated to the adoption of Bitcoin in French -speaking African countries. This is not just an encrypted event or Bitcoin currencies-it will be a focused and high-influential…
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ArcelorMittal Hands South Africa Responsibility for Mill Rescue
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(Bloomberg) – ArcelleMittal said it is up to South Africa to keep the decisive steel factories open and interrogated the industrial policy of the government. Most of them read from Bloomberg The South African Unit of the company has negotiated with state officials since January 6, when the company said…
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The Bitcoin And Cypherpunk Spirit Is Alive And Well In Africa
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In the past two months, I attended Build Bitcoin Cape Town A conference in South Africa and The African Bitcoin Conference In Kenya. I also visited the circular economies of bitcoin in both countries, including Bitcoin Eikasand Afribit Kibera and Bitcoin Witsand. These experiences have opened my eyes to the…
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Southern Africa elections brought big changes in 2024
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Breadcrumb links PMN BMN Business Article writer: Associated Press good luck Posted on December 23, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content HARARE, Zimbabwe (AP) — In South Africa, where democracy remains…
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Gridless Is Mining Bitcoin While Fostering Human Flourishing In Africa
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Company Name: Gridless Founders: Janet Maingi, Erik Hersman and Philip Walton Date Founded: August 2022 Location of Headquarters: United States | Operations in Kenya, Malawi and Zambia Number of Employees: 10 Website: https://gridlesscompute.com/ Public or Private? Private Gridless doesn’t just mine bitcoin — it helps to facilitate the electrification of…
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Tando Was All The Rage At This Year’s Africa Bitcoin Conference
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Follow Frank onX. Even before I got to this year Bitcoin conference in AfricaI saw attendees posting about… Tandoa new Kenya-based payments app that allows users to spend their money with merchants that don’t accept Bitcoin. Just arrived in Nairobi ??? and the first thing I see when I leave…
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Socium raises $5M to become leading HR solution in Francophone Africa
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Socium, an integrated HR management platform based in French-speaking Africa, has secured a $5 million funding round to expand its services and become the go-to HR solution for mid-sized companies in the region. This funding follows a previous $1.1 million round in August 2022, highlighting the company’s rapid growth despite…
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Socium raises $5M to become leading HR solution in Francophone Africa
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Socium, an integrated HR management platform based in French-speaking Africa, has secured a $5 million funding round to expand its services and become the go-to HR solution for mid-sized companies in the region. This funding follows a previous $1.1 million round in August 2022, highlighting the company’s rapid growth despite…
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Lack of innovation stifling the Agri-SME sector growth in Africa
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According to the World Economic Forum, small and medium-sized enterprises are vital to Africa’s economy and are responsible for more than 80 percent of the continent’s jobs and 50 percent of its gross domestic product. Agri-SMEs play an even more important role, as they play a crucial role in developing…
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Digital skill gap: The three key areas Africa should focus on to drive greater access
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In an increasingly digital world, the importance of equipping Africa’s youth with digital skills cannot be overstated. Africa will account for one-fifth of the world’s total workforce and one-third of the world’s youth workforce by 2030. It can seize the opportunity and harness its youth to become a global tech…
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After Years of Blackouts, South Africa is Suddenly Keeping the Lights On
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Breadcrumb links BMN Business Chronic power outages have crippled the economy and disrupted politics for more than 15 years. Then, seven months ago, they just stopped. Article writer: Bloomberg News Paul Burkhart Posted on October 26, 2024 • 5 minute read You can save this article by registering for free…
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Stablecoins represent 40% of crypto economy in Sub-Saharan Africa
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As companies shift to dollar-linked options, stablecoins now account for more than 40% of the cryptocurrency economy in Sub-Saharan Africa. Stablecoins have emerged as a vital component of the cryptocurrency economy in Sub-Saharan Africa, accounting for about 43% of the region’s total transaction volume, according to a recent study. a…
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Stablecoins represent 40% of crypto economy in Sub-Saharan Africa
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As companies shift to dollar-linked options, stablecoins now account for more than 40% of the cryptocurrency economy in Sub-Saharan Africa. Stablecoins have emerged as a vital component of the cryptocurrency economy in Sub-Saharan Africa, accounting for about 43% of the region’s total transaction volume, according to a recent study. a…
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China stops short of Africa debt relief as pledges more cash By Reuters
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By Duncan Merry and Laurie Chen NAIROBI/BEIJING (Reuters) – China declined to provide debt relief sought by several African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit lines and investments. Launched in 2000, the Forum on China-Africa Cooperation (FOCAC) has taken on an…
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Lessons for Africa in Dangote refinery
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In June this year, we attended the African CEO Forum in Kigali. The event, which brought together business leaders, policymakers and innovators from across the continent, not only discussed the future of African businesses, but also explored issues around exceptional, results-oriented leadership on the continent. This is a critical area…
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Why mpox vaccines are only just arriving in Africa after two years By Reuters
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(This story was resubmitted from August 24 to correct the name in the credit report to Jaafar Al-Qatantani.) By Jennifer Rigby LONDON (Reuters) – The first 10,000 doses of the MBOX vaccine are finally due to arrive next week in Africa, where a dangerous new strain of the virus that…
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Flexing its Muscle, Turkey Is Spreading Its Influence in Africa
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Breadcrumbs Path Links PMN Business Seeking to expand its influence in Africa and boost energy security, Turkey will send its 86-meter-long research vessel Oruc Reis to explore Somalia’s offshore oil blocks next month. Article author: Bloomberg News Simon Marks and Mohammed Sheikh Noor Published on August 18, 2024 • Read…
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Kenya’s food insufficiency highest in East Africa region – Agra report
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Kenya has the highest number of people skipping meals or living without basic diets in East Africa, and is second only to South Sudan in the number of people classified as food insecure. This is according to a new report by the Alliance for a Green Revolution in Africa (AGRA),…
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Urgent reforms needed to tackle mounting debt crisis in Africa
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Africa’s debt stocks have grown significantly over the past decade. Understandably, African governments took advantage of historically low interest rates in the 2000s and borrowed heavily from international capital markets and China. But debt has become more expensive lately. Since 2020, the impacts of COVID-19 and the ongoing war in…