👨🏿‍🚀TechCabal Daily – Google Wallet in South Africa
24 AUGUST, 2022 IN PARTNERSHIP WITH Good morning 🔆 It’s salary week for many people, and if there’s anything we’re all talking about, it’s how wages can barely keep up with the ever-rising inflation rate. In Nigeria, it’s at 19.64%, a few points higher than July 2021’s 17.38%. In Egypt, it’s 13.2%, way higher than
Human Verification
Human Verification
Amazon accelerates in Africa, much to the chagrin of local players
Bad news for Konga, Jumia and Takealot. Nigeria and South Africa’s three e-commerce leaders are seeing Amazon’s ambitions grow in their own backyard. The US behemoth is planning to roll out its successful marketplace in the continent’s two largest economies. Called “Project Fela”, the new plan of attack implemented by the group founded by Jeff
Nigeria lags behind African peers in exports
Nigeria, Africa’s largest economy, is lagging behind its peers on the continent as its struggles to ramp up exports. Its total exports as a percentage of Gross Domestic Product in 2021 was 26 percent, the highest since 2011 when it was 32 percent. As of 2021, the country’s GDP stood at $440.7 billion, according to
Russia to Supply Nigeria, Others Major Agricultural Products
By Kestér Kenn Klomegâh The Southern African Development Community (SADC), during its 42nd Ordinary Summit of Heads of State and Government, held on August 17 and 18, 2022, at Palais du Peuple (Parliament Building), vehemently, expressed collective opposition to a proposed United States law on countering Russian activities in Africa. The Countering Malign Russian Activities
Ghana traders threaten protest over inflation
August 25, 2022August 25, 2022191 “Accra Central, Accra, Ghana” by Muntaka Chasant CC BY 4.0 Business owners in Ghana have threatened to close up shop by Monday, August 29, to protest the poor value of the Ghanaian currency, the cedi. Traders can barely stay in business with the exchange rate at 10 cedis per dollar.
Russia targets African markets with its agricultural products
There has been a lot of talk and controversy recently, about exchanging debts owed to China for $8 billion with Egyptian strategic assets from ports and airports. Which may not be well understood by some, and given my specialization in Chinese affairs, I tried to analyze the Chinese debts and lending mechanisms to Egypt and
WEEKAHEAD-AFRICA-FX-Ghanaian, Kenyan, Nigerian currencies seen under pressure
People are resuming normal business after the election and dollar demand has picked up,” one trader said. There was a lull in market activity around …
Netflix extends creative scholarship fund to West and Central Africa
The global fund, launched in 2021, will be distributed to various initiatives over the next five years. It forms part of the company’s vision to build a strong, diverse pipeline of creatives around the world, and includes a $1 million scholarship fund for students from sub-Saharan Africa. The latest development, rolled out in partnership with
UNDP to establish AgriTech hubs to spark start-up revolution in Africa  
Ghana is set to host a Pan-African agriculture-technology (AgriTech) and innovation hub to stimulate growth of sustainable startups and create jobs for the youth on the Continent. The hub is one of eight to be established in Nigeria, Rwanda, Morocco, Kenya, South Africa, Senegal, Egypt under the $1 billion “Timbuktoo (TimX)” initiative of the United