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 [...]Global Cereal Prices are Unlikely to Decline in 2023-IMF
Global cereal prices are unlikely to drop in the next six to 12 months, according to a projection by the International Monetary Fund. According to the fund, this will not [...]UK Inflation Eases to 10.7% in November 2022
The annual inflation rate in the UK eased to 10.7% in November of 2022 from 11.1% in October which was the highest since October 1981. The UK Figures came below [...]US Pledges $55 Billion to Africa over the Next 3 Years
The United States (US) has pledged $55 billion in economic, health and security support for Africa over the next three years, ahead of the US-Africa Leaders summit. Beginning on Tuesday, the three-day [...]China's Inflation Falls to 1.6% in November 2022
China's annual inflation fell to 1.6% year-on-year in November 2022 from 2.1% in the prior month. This was the lowest figure since March, mainly due to a sharp slowdown in [...]IATA Projects Airlines to Post Net Profits of $4.7 Billion in 2023
The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the [...]
