The South African crypto-currency exchange industry has matured significantly over the past few years. (Image source: 123RF) As crypto-currency adoption continues to grow in South Africa, investors are increasingly comparing exchanges on more than just the number of listed coins or mobile app features. This, as trading fees, often overlooked by new investors, can have…
Regulators and investors have urged urgent expansion of green finance instruments — from green bonds to sustainability-linked loans — as the key to unlocking Africa’s low-carbon transition, closing the continent’s climate finance gap and attracting global capital. The urgent need for Africa to transform sustainability commitments into measurable action took centre stage as business leaders,…
Investors in Kuramo Capital Management moved $458 million in African private-market assets to a continuation vehicle managed by Sango Capital, the investment firm led by former Bridgewater Associates partner Richard Okello. The assets were transferred from 2 Africa-focused funds that had passed their fund life and a 2019 fund, Kuramo Chief Executive Officer Wale Adeosun…
The Estonian Business Angels Network (EstBAN), one of Europe’s most active early-stage investor networks, has confirmed its partnership with the Pan African AI & Innovation Summit (PAAIS) 2026. This collaboration signals a growing interest from global investors in Africa’s rapidly evolving artificial intelligence ecosystem. As part of the partnership, EstBAN will co-underwrite the Summit’s “Hack-AI-Thon,”…
SpaceX’s much-anticipated public listing, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors attracted to new and risky AI stocks scramble to get a slice of the action. Celebrity billionaire Elon Musk’s rocket and satellite communications company — which merged with his AI start-up xAI earlier this…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images London — Outsized returns for memory-related stocks have helped fuel substantial gains in U.S. and South Korean equity markets in recent years — but…
Vice President Lucia Witbooi has urged French businesses to invest in Namibia, saying the country has made major progress in diversifying its economy beyond traditional sectors such as mining and agriculture. Witbooi made the call during a meeting with French businesses and the MEDEFI delegation on yesterday morning in Nairobi, Kenya, as part of the…
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images U.S. Treasury yields rose on Wednesday as investors awaited the outcome of what could be Jerome Powell’s final policy…
US software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic. Investors have dumped the sector’s stocks this year on worries that AI tools that are capable of automating human tasks could pose an existential threat to the industry. The broader S&P…
Monrovia — Senator Amara Konneh of Gbarpolu County is in India on a high-level visit aimed at attracting private investment to Liberia, as momentum builds toward the India-Africa Forum Summit 2026. Konneh, a former Finance Minister and ex-staff of the World Bank, is visiting key Indian cities, including Delhi, Bengaluru, Mumbai, and Hyderabad, at the…
