Last Friday's crypto crash was fast and brutal, wiping out over USD19 billion in a flash. But the market dive on October 10th wasn't random. It was triggered by a perfect storm of global economic news, like the escalating US-China trade tensions, which led to mass liquidations and panic selling that made everything unravel in minutes.
In 2008, a mysterious figure named Satoshi Nakamoto created Bitcoin, a technology now worth trillions of shillings, and then disappeared without a trace. They left behind a revolutionary financial system and a fortune of over Sh12 trillion that has never been touched. Read on to discover how bitcoin was created, why, and who the world has thought to be Satoshi Nakamoto since.
Afreximbank has unveiled a continent-wide innovation hub it says could unlock up to US$70bn a year by turning African research into real-world trade, jobs, and growth.
The airline will progressively increase flights between Abu Dhabi and Nairobi, growing from the current four weekly services to eight weekly by October.
Pulse Africa's data-driven content approach wins major industry recognition. The User Needs Impact Project 360 led to a 151.3% increase in social media engagement and a shift towards more valuable, audience-centric storytelling.
Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora.
Jacob Zuma’s daughter, Nomcebo Zuma, is officially the 16th wife of the <a href="https://africa.businessinsider.com/lifestyle/these-3-wealthy-african-kings-are-worth-dollar63-billion/89262c2">King of Eswatini, formerly Swaziland</a>, following a traditional ceremony on Monday night.
MTN Nigeria reported a substantial loss after tax of ₦519.1 billion in the first half of 2024, largely due to challenging macroeconomic conditions in Nigeria, including record-high inflation and a weaker naira.
The youth-led demonstrations planned to be held between July 31 and August 6 were intended to address a range of pressing issues and concerns that resonate deeply with many citizens
The traditional leaders cited concerns over divine retribution if the bill is not enacted, following the delays in transmitting the bill to the President for assent.
The Nigerian police are on red alert and may soon seek military intervention to maintain order following a wave of violent protests that have erupted in several major cities across Nigeria.
Canon CNA will demonstrate the latest imaging solutions and state-of-the-art printing solutions in distinct experiential zones at the GITEX Africa 2024 conference in Marrakech, Morocco.
How Xinhua News, Bloomberg, Washington Post, New York Times, Le Monde, RFI, Russia Today, Financial Times, The Economist and Wall Street poorly cover Africa
Report reveals how The Guardian, AFP, Reuters, Al Jazeera, BBC, Le Monde, Reuters, Deutsche Welle, The Economist and the Financial Times ranked in coverage of Africa
According to the index, the yield on Ivory Coast’s debt maturing in 2028 fell 13 basis points to 7.09% on Monday, the lowest since April 15. South Africa’s dollar debt due in 2030 traded at a yield of 6.9%, down from over 8.5% in October.
The Egyptian government expressed sincere condolences to Iran for the tragic death of President Ebrahim Raisi and other senior officials in a helicopter crash. Presidential Spokesman Ahmed Fahmy conveyed President Abdel Fattah al-Sisi's support and solidarity during this difficult time.
Given the opportunity, 80% of Kenyan Gen Z would not remain in the country, and if they must remain in East Africa they still would prefer to leave Kenya.
The coveted Babacar Ndiaye Prize is awarded to heads of state who have developed projects that have a real impact on people’s mobility in Africa. Former President Uhuru Kenyatta received the award in 2018.
China has dethroned the United States of America (USA) as its approval ratings in the region rose six percentage points, from 52% in 2022 to 58% in 2023, two points ahead of the U.S. According to the report, <a href="https://africa.businessinsider.com/local/careers/china-is-fast-becoming-a-top-destination-for-african-students-who-want-to-study/898pd8h">China recorded its highest leadership approval rating</a> in Africa in a decade, while <a href="https://africa.businessinsider.com/local/leade...
A year following her Shark Tank success, Margaret Nyamumbo's Kahawa 1893 has made significant strides in the coffee industry, reflecting a blend of strategic growth and social impact.
Nigerians waste 113kg of food at home per year, amounting to 24.79 million tons of household food waste in the country—the highest in Sub-Saharan Africa.
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