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Russian Bitcoin Tycoon Expands Into Africa – Forbes

Russia is striving to lead the global blockchain movement, with President Vladimir Putin even eyeing the creation of a national cryptocurrency. But the real work to spur the world blockchain economy is being implemented far beyond the walls of the Kremlin by small groups of private software engineers, who are working tirelessly in backrooms and […]

Millennials’ search for experiences over luxury is driving Airbnb’s growth in Africa – Quartz

In the last five years, more than 2 million people have found holiday accommodation in Africa through Airbnb which now has over 100,000 listings on the continent.African hosts earned $139 million in the last year, according to a new Airbnb study. By opening up the homes of Africans to visitors, Airbnb has also opened up […]

China’s “rogue aid” to Africa isn’t as much or as controversial as we thought – Quartz

A decade ago, a New York Times columnist coined the term “rogue aid” to describe China’s financial assistance in the developing world: nontransparent, nondemocratic, and above all self-interested. Since then, the label has stuck. In Africa, Chinese aid has been blamed for propping up authoritarian regimes, building shoddy roads and infrastructure built by imported Chinese […]

UK banks ‘exposed to money laundering in South Africa’ – BBC News

Image copyright AFP/Getty Images Image caption Many protesters are highly critical of the Gupta family UK financial regulators and the Serious Fraud Office are to review if banks HSBC and Standard Chartered are linked to a South Africa corruption scandal. It comes after Lord Peter Hain said the banks may “inadvertently have been conduits” for […]

Africa’s rapid urbanization can drive industrialization, says new UN report – UN News Centre

19 October 2017 – A United Nations report out Thursday makes concrete recommendations on how the right African policy framework can harness the continent’s rapid urban transition to drive industrial development. “African urbanization has not been driven by improving agricultural productivity or increased industrial output, as has […]

UK banks ‘exposed to money laundering in South Africa’ – BBC News

Image copyright AFP/Getty Images Image caption Many protesters are highly critical of the Gupta family UK financial regulators and the Serious Fraud Office are to review if banks HSBC and Standard Chartered are linked to a South Africa corruption scandal. It comes after Lord Peter Hain said the banks may “inadvertently have been conduits” for […]

Millennials’ search for experiences over luxury is driving Airbnb’s growth in Africa – Quartz

In the last five years, more than 2 million people have found holiday accommodation in Africa through Airbnb which now has over 100,000 listings on the continent.African hosts earned $139 million in the last year, according to a new Airbnb study. By opening up the homes of Africans to visitors, Airbnb has also opened up […]

China’s “rogue aid” to Africa isn’t as much or as controversial as we thought – Quartz

A decade ago, a New York Times columnist coined the term “rogue aid” to describe China’s financial assistance in the developing world: nontransparent, nondemocratic, and above all self-interested. Since then, the label has stuck. In Africa, Chinese aid has been blamed for propping up authoritarian regimes, building shoddy roads and infrastructure built by imported Chinese […]

SA football boss Danny Jordaan ‘raped singer Jennifer Ferguson’ – BBC News

Image copyright AFP Image caption Danny Jordaan is a prominent member of the governing ANC party South African singer and ex-MP Jennifer Ferguson has accused the country’s football boss Danny Jordaan, 66, of raping her nearly 24 years ago. He “overpowered” her and “painfully” raped her in a hotel in Port Elizabeth city, she has […]

Next Generation in Africa See Agribusiness as Future of Farming – agprofessional.com

DES MOINES, Iowa – African population trends show that the continent is youth “full.” The population bulge of 420 million, ages 15-35, is an opportunity for the continent to employ the next generation of farmers, and new farmers are framing the future with agribusiness, “agripreneurship” and technology. In Africa, though new technology is becoming available, […]

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