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US express concerns over currency swaps between Africa, China
The U.S. is concerned that increased currency swap agreements between China and African nations will reduce visibility into financial transactions and will make it harder to prevent money laundering, a senior U.S. sanctions official said. Marshall Billingslea, the U.S. Treas...
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US express concerns over currency swaps between Africa, China
The U.S. is concerned that increased currency swap agreements between China and African nations will reduce visibility into financial transactions and will make it harder to prevent money laundering, a senior U.S. sanctions official said. Marshall Billingslea, the U.S. Treas...
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Africa will be ready super fast 5G network in five years – MTN’s CEO
Africa is not ready for next-generation 5G network but would likely be ready to embrace the super-fast technology in about five years from now, MTN’s chief executive of said on Tuesday. 5G networks, now in the final testing stage, will rely on denser arrays of small antennas...
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West and Central African Youths commit to fighting Corruption | #AfricaAgainstCorruption #DGTrends
Young people from West and Central Africa come together to boost their commitment to the prevention and fight against corruption on the continent. On the initiative of the African Union (AU) and under the auspices of the Youth Engagement Strategy of the African Govern...
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Online betting firms continue to flourish in Nigeria
Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such a...
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Chude Jideonwo, Adebola Williams unveil cover for new book, ‘How to Win Elections in Africa...
RED co-founders, Chude Jideonwo and Adebola Williams yesterday unveiled the cover for their forthcoming book – ‘How to Win Elections in Africa: Parallels with Donald Trump’. Scheduled for release in November, the book chronicles the ideas and ideals imperative for Africans a...
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The U.S. is concerned that increased currency swap agreements between China and African nations will reduce visibility into financial transactions and will make it harder to prevent money laundering, a senior U.S. sanctions official said. Marshall Billingslea, the U.S. Treas...
![]({"full":{"0":"2017\/07\/Dollar-Naira.jpg","1":"544","2":"322","3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Dollar-Naira.jpg"}})
The Naira on Tuesday appreciated to N363.07 against the dollar at the investors’ window, stronger than N363.11 posted on Monday. The Nigerian currency closed at N306.25 to the dollar at the CBN window. It, however, weakened against the dollar at the parallel market in Lagos,...
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South Africa’s Reserve Bank will leave interest rates unchanged at 6.50 percent next week, 25 of 26 analysts predicted in a Reuters poll, after recent data showing the economy unexpectedly slipped into recession earlier this year. However, emerging market currency mayhem wil...
![]({"full":{"0":"2017\/07\/MTN.jpg","1":"600","2":"400","3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/MTN.jpg"}})
Africa is not ready for next-generation 5G network but would likely be ready to embrace the super-fast technology in about five years from now, MTN’s chief executive of said on Tuesday. 5G networks, now in the final testing stage, will rely on denser arrays of small antennas...
![]({"large":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/09\/GROUP-PHOTO-DAKAR-SENEGAL-01-1024x417.jpg","width":1024},"full":{"0":"2018\/09\/GROUP-PHOTO-DAKAR-SENEGAL-01.jpg","1":4200,"2":1712,"3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/09\/GROUP-PHOTO-DAKAR-SENEGAL-01.jpg"}})
Young people from West and Central Africa come together to boost their commitment to the prevention and fight against corruption on the continent. On the initiative of the African Union (AU) and under the auspices of the Youth Engagement Strategy of the African Govern...
![]({"full":{"0":"2018\/09\/Capture.png","1":792,"2":541,"3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/09\/Capture.png"}})
A high voltage power line to carry electricity from a 310 megawatt (MW) wind power plant to central Kenya from the north is complete and supply to the national grid will stabilize by December, the energy minister said, replacing diesel generation. The 266-mile (428km), 400-k...
US express concerns over currency swaps between Africa, China
The U.S. is concerned that increased currency swap agreements between China and African nations will reduce visibility into financ...
Naira appreciates against dollar at investors’ window
The Naira on Tuesday appreciated to N363.07 against the dollar at the investors’ window, stronger than N363.11 posted on Monday. T...
Despite recession, South Africa moves to raise interest rates soon
South Africa’s Reserve Bank will leave interest rates unchanged at 6.50 percent next week, 25 of 26 analysts predicted in a Reuter...
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Kenya says IMF stand-by deal over, will continue engaging with the fund
Kenya’s stand-by loan deal with the International Monetary Fund has expired but the country will continue to talk to the Fund abou...
