Do Kwon, a disgraced tycoon behind the collapse of the TerraUSD and Luna coins that roiled the crypto assets market in May, is hiding in Serbia, according to South Korean …
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- AfricaAFRICA NEWSEntrepreneurship
Nigeria: Orda Revolutionizes Restaurant Business Across Africa
by Editorby EditorMany African restaurants are stuck using low-tech means for accounting – often with pen and paper, sometimes without access to payment machines. Orda, a Nigeria-based food tech platform, announced that …
- AfricaAFRICA NEWSEntrepreneurshipSun King
Sun King raises $260 Million to expand global access to affordable Solar Energy
by Editorby EditorSun King, one of the leading providers of solar energy products for off-grid homes in Africa and Asia, announced that it has received $70 million in equity investment from Leapfrog …
- AfricaAFRICA NEWSEconomy
US to invest $1bn in education, youth programming in Africa
by Editorby EditorThe United States (US) government to invest $1 billion in education and youth programming in Africa within the next two years, US Vice President Kamala Harris, has announced. The funds, …
- AfricaAFRICA NEWSSouth AfricaSouthern Africa
Private Companies Hoard Cash as South African Business Environment Deteriorates
by Editorby EditorBusinesses and households in South Africa held on to more cash in the third quarter, when power outages reached an all-time high. Gross savings by corporates climbed to 15.9% of …
- AfricaAFRICA NEWSEntrepreneurship
UK Government helps IT company break into Africa with £900k UKEF support
by Editorby EditorUK Export Finance (UKEF) has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to forge a new relationship with UK exporter Vespertec to unlock growth …
- BinanceCryptocurrency
Crypto Exchange Binance Introduces Payments Service for Customers
by Editorby EditorU.S.-based customers of the Binance exchange’s Binance.US unit are now able to use the Binance.US Pay payments system to send money on their mobile app. The feature has been available …
The collapse of FTX was triggered by Binance, investor Kevin O’Leary claimed at a Dec. 14 United States Senate committee hearing about the crypto exchange’s meltdown. O’Leary, who was a …
- BinanceNews
Binance founder insists ‘business as usual’ after $1bn pulled out in a day
by Editorby EditorMore than a billion dollars were pulled out of Binance in a single day, according to the largest cryptocurrency exchange’s founder Changpeng Zhao, as investors across the sector continue to …
- AfricaAFRICA NEWSChipperNews
Chipper Cash gets Bank of Ghana authorization for US remittances
by Editorby EditorChipper Cash, a cross-border payments app used by over five million people throughout Africa and its diaspora has received authorization from the Bank of Ghana (BoG) to provide remittance services …