Category: Business
East African nations approve individual trade pacts with EU if joint deal not reached
DAR ES SALAAM, Feb 2 (Reuters) – East African countries can individually sign separate trade agreements with the European Union (EU) if a joint deal is not reached within the next four months, according to a statement from a meeting of regional leaders. The East African Community (EAC) and the EU have been at loggerheads…
The World Bank and IMF are in crisis. It’s time to push a radical new vision
he president of the World Bank, Jim Yong Kim, will step down on 1 February – three and a half years before the end of his term – in search of greener pastures. His readiness to resign from the leadership of one the two most powerful international financial institutions is a worrying omen. But it is also…
UAE’s Noor Capital Says It Bought 3 Tonnes of Gold From Venezuela
BY MAYELA ARMAS CARACAS (Reuters) – Abu Dhabi investment firm Noor Capital said on Friday that it bought 3 tonnes of gold on Jan. 21 from Venezuela’s central bank, at a time when President Nicolas Maduro is seeking to keep his crisis-stricken government solvent. Noor Capital said in a statement it would refrain from further…
Hargeisa Power blockchain energy solutions for humanity
Why Hargeisa Power? Hargeisa Power provides blockchain energy solutions for humanity. We’ve been recognized by both Bloomberg New Energy Finance and Greentech Media Research as the industry leader in deployed and announced projects. Hargeisa Power has experience implementing energy solutions across the globe in varying electricity environments, with a proven track record and a wide…
Hip Hop Culture Politics: “I Can”, Nas
Amongst the influential rap artists of the 1990’s was Nasir Jones, more commonly known as Nas or by his self-proclaimed name, “King of New York”. Although his street credit and reputation has fluctuated throughout his 24-year-long career, he’s proved to be one of the greatest lyrists of all time. From the beginning of his career…
Ethiopia: Premier says govt doing its part in building democracy, expects opposition to do same
Prime Minister Abiy Ahmed said today that his government is doing its part in building democracy and will continue to do so. “In building democracy, the government has a big role to play. And it is doing its share in this regard,” the premier said responding to questions at the Ethiopian parliament on Friday. He…
RWANDA SET TO LAUNCH ITS FIRST TELECOMS SATELLITE THIS YEAR
Rwanda is on course to launch its first satellite this year with help from Japan. The telecoms satellite is expected to be launched from the International Space Station (ISS) into orbit before May 2019’s Transform Africa Summit – an annual event hosted in Kigali that explores developments in technology. The initiative is in collaboration with…
Little-known Kenyan firm buys $180m cashewnuts from Tanzania
A little-known Kenyan firm will buy at least 100,000 tonnes of raw cashewnuts for Tsh418 billion ($180 million), Tanzania Trade minister said. The sale deal was signed on Wednesday at the Arusha-based East African Community headquarters between Tanzania’s Director of Cereals and Produce Board, Dr Hussein Mansour and Indopower Solutions CEO Mr Brian Mutembei. The…
Dominos of Institutional Capital in the Crypto Market
News that Yale University invested in cryptocurrencies came out in early October. This created a buzz among financial observers talking about a potential “Dominos Effect”, believing that the vote of confidence in crypto from Yale’s CIO will convince other investment officers to take a look at the emerging asset class. Within a week, the news seems to…
Blockchain Disciples Have a New Goal: Running Our Next Election
Amid vote-hacking fears, election officials are jumping on the crypto bandwagon — but cybersecurity experts are sounding an alarm If they squinted hard enough, attendees of the International Centre for Parliamentary Studies’ annual Electoral Symposium, which took place in late May at the Troia Design Hotel, 90 minutes south of Lisbon, Portugal, could just about…
