Bolt to invest Sh66.9 billion in Kenya and the rest of Africa
NAIROBI, Kenya, Feb 17 – Mobility company Bolt will invest Sh66.9 billion (€500 million) in Kenya and the rest of Africa for its operations over the next two years. The funds will be used to expand Bolt services in Africa, creating opportunities for over 300,000 new drivers and couriers in 2023. Having launched in South
A win for AfCFTA is a win for Nigeria
In 1967, seven years after independence, Nigeria, the country with the largest population on the African continent, was on the verge of a political crisis. Delegates from both sides—the Federal Government of Nigeria and Eastern region—claimed they did not feel safe having a meeting on either sides so they met on neutral ground at Aburi,
A Date With The Real Housewives of Abuja | The Guardian Nigeria News
By Oludare Richards, Abuja 18 February 2023 | 2:57 am The second Nigerian instalment of the sensational franchise of The Real Housewives has hit the screens with the unveiling of The Real Housewives of Abuja, (RHOAbuja) on Showmax. Cast of The Real Housewives of Abuja The second Nigerian instalment of the sensational franchise
Bolt completes over 1 billion rides, plans to expand in Africa with €500m investment
Bolt, one of Africa’s leading mobility platforms, has announced plans to invest €500 million in its operations on the continent over the next two years. The funds will be used to expand its services in Africa and create opportunities for over 300,000 new drivers and couriers to join the platform in 2023. Having launched in
Bolt to invest over Ksh. 67 Billion in Africa in expansion drive
Bolt has announced plans to invest €500 million (Ksh.67 billion) to enhance its operations across Africa over the next two years. The company says the funds will be used to expand Bolt services in the region and create opportunities for over 300,000 new drivers and couriers to join the platform in 2023. The announcement was
Blockchain Africa 2023: Unleashing socio-economic growth
Blockchain technology has been making significant strides in Africa, with South Africa, Kenya, Nigeria, and Ghana adopting the technology to facilitate cross-border payments for African businesses. The shift towards blockchain technology has been driven by the need for increased trust, security, transparency, and traceability of data shared across business networks. Additionally, blockchain technology’s cost-effectiveness and
S.African lender Absa sees annual profit up likely 15%
JOHANNESBURG, Feb 17 (Reuters) – Absa Group Ltd (ABGJ.J), South Africa’s third-biggest lender by assets, said on Friday its full-year profit was likely to rise 10% to 15%, driven by strong growth on the back of high interest rates. The bank expects normalised headline earnings per share, which strips out exceptional and non-recurring items, of
Mali, Guinea, Burkina Faso push for return to AU in spite of coups
By AGGREY MUTAMBO Suspended countries Mali, Guinea and Burkina Faso are lobbying to be re-admitted to the African Union, more than a year after coups plagued the West African region. In a series of meetings in Addis Ababa, the countries’ foreign ministers met and lobbied with members of the African Union Peace and Security Council,
Fonbnk Launches Monetization Feature for Africa’s Web3 Creators and Creator Platforms – BitcoinKE
Fonbnk, Africa’s leading on and off-ramp to and from Web3, is pleased to announce its Instant Merchant Feature, a free, easy-to-use payment account for creators to monetize their digital work from fans and audiences anywhere in Africa is $USDC. 👩🏾🚀🚀✨ Get paid in USDC with prepaid airtime using Fonbnk’s Instant Merchant feature! Join the future
5 largest film industries in Africa 2023
On average, Africa produced 5,500 films per year, according to the source’s report conducted between November 2020 and May 2021. Nearly 3,400 films were produced annually in West Africa, a number boosted mainly by the low-budget productions from Nollywood, the Nigerian cinema industry. Similar productions have been spreading also through Kenya and Ethiopia. Consequently, around