Kenya plans to switch its base currency to bitcoin
The central bank governor believes that bitcoin could actually help to fight the depreciating shilling...
Author : International Finance Business Desk
Europe to see economic rebound by mid-year
The officials in a quarterly report said that the European economy is forecast to grow to reach 3.7 percent in 2021 and slightly better in 2022...
Egypt set to launch new oil and gas exploration bid round
Nine exploration and production agreements were signed prior to the bid announcement...
Tanker shipping tonne-mile demand record 5% slump in 2020
Last year, routes from South America to Asia recorded 757m tmpd, while another route from West Africa to Asia marked a 441m tmpd surge...
Argentina’s National Broadband Plan to meet pent up demand
Although it has an advanced telecom landscape, a considerable amount of investment is still necessary to improve services in rural areas...
Bitcoin, Dogecoin hit all-time high record
Investors continue to pile in on the fact that Tesla bought $1.5 billion worth of the cryptocurrency...
Africa’s clean energy to remain below 10% by 2030
The University of Oxford found that two-thirds of electricity generated across the continent will come from fossil fuels...
American Express, Access Bank join forces in Nigeria
The partnership will also allow American Express cardholders to use their cards across merchant locations across the country...
Denmark to establish wind energy project in North Sea
The project will be carried out by the government and private companies, with the former holding a majority stake...
China stuns the world with highest FDI in 2020
Investors might continue to flock in with cash through 2021—as the mainland is the only major economy to have dodged a contraction...