New Memecoin Black Agnus surges by 400% in a day, now 4th largest in the market
A new memecoin, Black Agnus (FTW), has taken the cryptocurrency market by storm, surging 400% in just 24 hours and reaching a market capitalization of $1.8 billion.This bull-themed token is…
PalmPay launches USSD service to boost financial accessibility in Nigeria
PalmPay, Nigeria’s leading financial services provider, has launched a new USSD service to increase financial convenience, especially for users without internet access. The development aims to make financial transactions increasingly…
Nigeria among top 3 countries exploring digital currency
Nigeria has been listed among the top three countries exploring a digital version of their currency. This is according to a report by the US based Atlantic Council. The report,…
U.S. reaffirms support for Liberia’s energy sector
US Ambassador to Liberia Mark Toner has reaffirmed the United States' commitment to Liberia's energy sector during a recent tour of the Mount Coffee Hydropower Plant. According to a release…
Severe energy crisis threatens Zambia’s economic growth
Zambia is facing its worst drought in 20 years, resulting in severe power outages lasting up to 21 hours a day. The drought has crippled Zambia's hydropower generation, which accounts…
Nigeria’s inflation rate drops to 32.15% in August 2024
Nigeria's inflation rate dropped to 32.15% in August 2024, representing a decline in the figure for the second consecutive month. This is according to the new inflation rate released by…
Kenya’s Central Bank to decide new lending rate in October
Kenya's central bank said on Monday its Monetary Policy Committee will hold an interest rate meeting on October 8.We estimate that the Central Bank of Kenya (CBK) will reduce the…
Turkish Government set to invest $100m in Ghana’s agriculture and health sectors
Turkey has disclosed plans to invest over $100 million in the health and agricultural sectors of Ghana.In view of this, a 10-member delegation, comprising academicians, finance experts, health professionals, and…
Mali, Burkina Faso and Niger launch biometric passports as part of new partnership
Mali, Niger and Burkina Faso, will unveil a new biometric passport to boost cooperation and security. The three countries made the announcement under The Alliance of States in the Sahel…
Egypt’s Richest Man, Nassef Sawiris sees net worth soar
Egyptian billionaire Nassef Sawiris has seen a significant increase of $912 million in his net worth in 2024, according to the Bloomberg Billionaires Index. As the leader of Orascom Construction…
