WTO Boss hails Ghana for DDEP but warns against fiscal indiscipline

Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has applauded Ghana’s Finance team for its efforts to restructure the country’s debts. Speaking at a discussion hosted by the Institute of Economic Affairs on the theme “Making Globalization Work for Africa,” Dr Okonjo-Iweala, who has twice served as Nigeria’s Finance Minister, praised Ghana’s Finance

Human rights risks in South Africa ignored as race to reach net-zero intensifies

Financing is pouring into the mining industry in South Africa, which is home to significant deposits of some of the world’s most strategic minerals needed to power the energy transition. However, new analysis has revealed banks linked to companies extracting these crucial transition minerals are overlooking serious human rights and environmental concerns. In a report

Seychelles and South Africa top African blockchain funding list in 2022

The year 2022 was a unique year for the blockchain industry in Africa as more funds were raised between Q1 and Q4 of 2022 in several African nations.  Based on research from CV VC, amongst the top eight African countries that attracted 100% of blockchain funds, Seychelles and South Africa topped the list. Seychelles  Seychelles

Smile Identity acquires Appruve, to expand its ID verification offering across Africa

News Leading KYC compliance and ID verification platform, Smile Identity has acquired Inclusive Innovations, the parent company of Appruve, a Ghana-based ID verification provider, in an undisclosed deal. Smile Identity x Appruve  Smile Identity has acquired Ghana-based ID verification company, Inclusive Innovations—the parent of Appruve. With this acquisition, Smile Identity says it will deepen its

Sub-Saharan Africa’s biggest economies to grow slower this year: Reuters poll

JOHANNESBURG, April 26 (Reuters) – Sub-Saharan Africa’s biggest economies will grow slower this year, crippled by chronic electricity supply problems in South Africa and cash shortages in Nigeria, a Reuters poll found, while softer commodity prices will also weigh. Dollar strength and critical shortages across the continent have made economic activity cumbersome and added tricky