A new law in the UK gives law enforcement the power to confiscate cryptocurrency associated with illegal activities. This significant development is a key component of the government’s efforts to …
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Lagos State has established itself as the leading economic hub in Nigeria, generating over 75% of its revenue internally. This impressive feat highlights the state’s strong economic foundation and effective …
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AfricaAFRICA NEWSBusiness Policies
MultiChoice Attributes 18% Decline in DStv Subscribers in Nigeria to Economic Challenges
MultiChoice, Africa’s leading entertainment company, has announced an 18% decrease in DStv subscribers in Nigeria, citing the decline as a result of the country’s persistent economic difficulties. This notable decrease …
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The International Monetary Fund (IMF) has reached a staff-level agreement with Kenya for a $976 million loan to support the country’s economic reform program. This agreement, announced today, aims to …
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AfricaAFRICA NEWSKenyaKenya NewsKenyan News
European Investment Bank’s Partnership with Kenyan Banks Boosts Private Sector
The EIB has revealed a strategic partnership with top Kenyan banks to strengthen the nation’s private sector, offering a substantial lift to SMEs. This partnership aims to improve finance accessibility, …
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The Central Bank of Kenya (CBK) plans to revise the Payment Systems Act to improve the regulatory framework and foster innovation in the country’s financial sector. These changes are a …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
MultiChoice Reports Annual Loss Amid Challenging Market Conditions
MultiChoice, Africa’s leading entertainment company, has reported an annual loss for the first time in several years, attributing the downturn to challenging market conditions and increased operational costs. The announcement, …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
South African Political Parties Form Unity Government Ahead of Deadline
A major development has occurred in South Africa’s political scene as the country’s main political factions have united to establish a coalition government before a crucial deadline. This historic pact …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Opposition Party Agrees to Join South African Unity Government
The primary opposition party in South African politics has made a significant decision to participate in the governing coalition, signaling progress towards national unity and political stability. This momentous agreement, …
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AfricaAFRICA NEWSReal Estate
Minister Dangiwa Addresses Housing Affordability Crisis at ShafDB AGM in Kigali
The Honorable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has highlighted the severe housing affordability crisis affecting over 80% of Africa’s population, driven by low incomes, challenging …