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The Impact of Global Economic Events on Major Stock Indices Performance
When you tune into the world of stock markets, you’ll notice it’s like a rollercoaster, full of ups and downs. But ever wondered what makes these markets tick?
Well, it’s not just numbers and charts – global economic events play a huge role in how major stock indices perform. And if you’re keen on
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IN PICTURES | Gluwa Visits Vice President of Sierra Leone, Proposes Financial Improvement on Mobile Money Via Digital Currencies
Gluwa's CEO, Tae Oh, met Sierra Leone's Vice President to discuss collaboration for enabling citizens to engage in the global digital economy through advanced mobile money systems. Gluwa aims to enhance financial inclusion in Africa by integrating its technology with local CBDCs.
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Nigerian SME Automation Platform, Bumpa, Raises $4 Million in Seed Round
Bumpa, a Nigerian SME accelerator, has secured $4 million in seed funding led by Base10 Partners. Aiming to empower small businesses with digital tools, Bumpa has already impacted over 50,000 clients and facilitated $20 million in GMV.
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DOLLARISATION | African Leading Crypto On and Off-Ramp, Yellow Card, Adopts PayPal USD For Settling Cross Border Money Transfers
PayPal will allow its disbursement partners to use PayPal USD for cross-border money transfers through the Xoom platform, improving transaction efficiency for partners like Yellow Card and Cebuana Lhuillier.
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AfreximBank Calls Off Credit Rating Relationship With Fitch Ratings, Citing Fundamental Differences in Assessment Approach
The African Export-Import Bank (AfreximBank) has formally ended its long-standing credit rating relationship with Fitch Ratings, the global credit rating agency, after concluding that the current evaluation framework no longer aligns with how the Bank’s legal structure, mission and risk profile
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CALL FOR APPLICATIONS | Early-Stage VC, Antler, Expands Operations to Nigeria, Announces Inaugural Nigerian Cohort
Antler, a global early-stage VC firm that launched in Kenya in 2019, has expanded its operations to Nigeria.
Founded in 2017 in Singapore, Antler has established a presence in major entrepreneurial hubs worldwide. The firm has invested in over 400 companies and focuses on identifying and
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ETHEREUM | Vitalik Buterin Provides a Detailed Overview of the Ethereum Foundation’s 2023 Spending
The Ethereum Foundation's 2023 budget, outlined by Vitalik Buterin and Josh Stark, prioritizes new institutions, research, community development, and zero-knowledge applications, while responding to criticism about its DeFi stance and promoting blockchain education.
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