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Category: Business / Finance

Uganda is considering a Central Bank Digital Currency (CBDC)
Business / Finance East Africa Uganda

Uganda is considering a Central Bank Digital Currency (CBDC)

Justus TharaoFebruary 22, 2022July 2, 2024

Uganda is considering a Central Bank Digital Currency (CBDC) in a move that has drawn policy attention to the large…

Burkina Faso: Mlipuko wa mgodi wa dhahabu waua watu 55
Africa Business / Finance

Burkina Faso: Mlipuko wa mgodi wa dhahabu waua watu 55

Maureen MedzaFebruary 22, 2022February 22, 2022

Mlipuko ulitokea katika hifadhi ya baruti

Ethiopia begins generating electricity from controversial mega-dam
Africa Business / Finance People Politics

Ethiopia begins generating electricity from controversial mega-dam

Leah NgariFebruary 20, 2022February 20, 2022

The Grand Ethiopian Renaissance Dam (GERD) is set to be the largest hydroelectric scheme in Africa but has been at the centre of a regional dispute ever since work first began in 2011.Β 

Africa Gaming Industry on the Rise
Africa Business / Finance Entertainment

Africa Gaming Industry on the Rise

Justus TharaoFebruary 18, 2022July 2, 2024

β€œGaming in Africa is exploding. Crucially, this applies not only to people playing games, but also those willing to pay as well,” said Carry1st CEO and Co-founder, Cordel Robbin-Coker.

Banana leaves and fish scales taking fashion to wild places
Africa Arts & Culture Business / Finance Entertainment International People

Banana leaves and fish scales taking fashion to wild places

Leah NgariFebruary 17, 2022February 17, 2022

Some companies are determined to bring the new textiles into the mainstream.

Meta agrees to pay $90m in suit against Facebook for tracking users
Business / Finance International Science & Tech

Meta agrees to pay $90m in suit against Facebook for tracking users

Justus TharaoFebruary 16, 2022July 2, 2024

The suit alleged the social media giant violated privacy guidelines by tracking its users’ visits to outside web pages that contained Facebook “like” buttons in order to better target ads.

Snapchat to introduce revenue sharing ads in creators’ stories
Business / Finance International Science & Tech

Snapchat to introduce revenue sharing ads in creators’ stories

Justus TharaoFebruary 16, 2022July 2, 2024

This is the first time that Snapchat creators will be able to make money from the ad revenue on Stories.

Kenya-Tanzania cross-border trade hits US$905.5 million
Business / Finance East Africa

Kenya-Tanzania cross-border trade hits US$905.5 million

Mwanzo EditorFebruary 16, 2022July 2, 2024

Bilateral trade between Kenya and Tanzania hit US$905.5 million from January to November 2021, according to the Central Bank of…

Papua New Guinea to reopen to vaccinated travellers
Africa Business / Finance International People

Papua New Guinea to reopen to vaccinated travellers

Leah NgariFebruary 15, 2022February 15, 2022

The rules had caused diplomatic spats most notably with India and China.

Investing in the Creative industry in Africa
Africa Business / Finance Entertainment Features

Investing in the Creative industry in Africa

Justus TharaoFebruary 14, 2022July 2, 2024

The creative industry is a hidden gem with the potential to contribute significantly to the mainstream economy. For that reason, African economies must take advantage of their creative potential to strategically coordinate the arts industry.

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