Sango
The Central African Republic’s presidency announced the establishment of the continent’s first legal Bitcoin Investment Platform called ‘Sango’, extending the impoverished country’s embrace of digital finance despite warnings from the International Monetary Fund, IMF. After decades of conflict, the C.A.R. became the first in Africa and only the second in...
Suez Canal
Egypt’s Suez Canal is expecting revenues worth around $7 billion by the end of the current financial year. According to Egypt’s finance minister, Mohamed Maait, tourism revenues are predicted to stand at $10 billion and $12 billion at that time, notwithstanding the Ukrainian crisis. He made his remarks during his participation...
Ducati to drive SAP innovation to improve and enrich its customers’ experiences    Claudio Domenicali, CEO Ducati: “Having a partner like SAP at our side will allow us to make our supply chain, so complex and subject to transformation in recent years, even more flexible and responsive thanks to the most...
African Development Bank
The African Development Bank, AfDB, has approved a $1.5 billion emergency food production facility for about 20 million farmers in Africa. The fund is expected to help avoid a looming food crisis exacerbated by the war between Russia and Ukraine. The AfDB made this announcement on Friday via its Twitter handle...
Sinosteel
Cameroon's government has signed a 420 billion CFA franc ($675.96 million) high-grade iron ore mining deal with a subsidiary of Sinosteel Corporation Limited as China seeks new sources of the steel-making ingredient. Sinosteel Cam S.A., the Cameroonian subsidiary of the state-owned Chinese miner, will develop the Lobe iron ore mine...