China's Economic Growth Falls to 3% in 2022 on the Back of COVID-19 Resurgence
China's economic growth in 2022 slumped to one of its worst levels in nearly half a century as the fourth quarter was hit hard by strict COVID curbs and a [...]
Nigeria’s GT Bank Fined in UK Over Money-Laundering Controls
Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3m) for what it says are further failures in its anti-money-laundering systems and controls. [...]
Celo Introduces New Brand Identity to Promote Mainstream Adoption of Web3 Technology
San Francisco January 11, 2022 The Celo Foundation, which nurtures and promotes the mobile-first, carbon-negative layer-1 Celo blockchain and its ecosystem, has unveiled a new brand identity and [...]
World Bank Cuts Global Growth Forecast to 1.7% on Rising Inflation Rates
The World Bank sharply lowered its growth forecast for the global economy this year as persistently high inflation has elevated the risk of a worldwide recession. The bank expects global [...]BioNTech to Acquire 100% of InstaDeep Shares
BioNTech and InstaDeep announced on monday that they have entered into an agreement under which BioNTech will acquire InstaDeep, a leading global technology company in the field of artificial intelligence [...]World Food Prices Hit Highest Level on Record in 2022
World food prices fell for the ninth month in a row in December, despite reaching their highest level on record for the entire year in 2022, according to UN data [...]How Jack Dorsey’s Block Inc is Democratizing access to bitcoin mining in Africa
For the last three years, Africa has been one of the fastest-growing markets for cryptocurrency adoption in the world. The continent accounts for world’s highest proportion (80%) of crypto retail [...]The All Time Greats: Ranking the Top 10 Basketball Players of All Time
This article highlights the top 10 basketball players of all time, who have made an indelible mark on the game of basketball with their exceptional skills, achievements, and impact on the sport.World Bank Slashes China's Growth Forecast to 2.7%
The World Bank has slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy. In a statement, [...]President Ruto Meets Delta Air Officials, Seeking to Sell the Gov't's 48.9% Stake in KQ
President William Ruto met top executives of Delta Air Lines in his American trip where he launched the government bid to sell its entire 48.9% stake in Kenya Airways. Business [...]Jumia Closes Down Dubai Office
Jumia Technologies has announced the closure of its Dubai office as the company remodels its business following years of loss-making and a constantly evolving eCommerce marketplace. The company is moving [...]Elon Musk Sells $3.6 Billion of His Stake at Tesla
Elon Musk has sold almost 22 million of his shares at Tesla for $3.58 billion. The transactions happened between Dec. 12 and Dec. 14., and it the fourth time this [...]
