Friday, July 3

Africa

On a spiritual level, the fracturing of the relationship between the people and the land as urbanisation kicked in with a vengeance is causing lasting and severe damage to the environment and the population’s food security.  

The curious thing to a British observer is that nearly all of the people of my age (more than 50 years!) whom I know and who are at the top of their professions in finance, government, trade, hospitality or retail are also…..farmers.

In fact, I know hardly anyone who came to the big city seeking an escape from rural ways who is not now farming in the village or on the outskirts of their city. Many times I see them a good deal more excited about their crops than they are about their balance sheets.

African Americans to boost growth of the African economy. www.theexchange.africa

There are two types of businesses that African Americans attempt to boost Africa’s economy and create income.

Businesses seeking to venture into importation and exportation and set-ups creating and investing in production manufacturing in Africa.

Rosa Whitaker, the first assistant United States trade representative for Africa, says that there is so much synergy between Africa and African American business because the region is growing in the areas where African American firms are competitive.

African American companies made a gross profit of about US21.8 billion in the industrial sector in 2013. There is a higher potential for the companies in Africa where consumerism and competitive states are favourable.

Unicef to issue funding in bitcoin and ether cryptos. www.theexchange.africa

Cryptofund is part of UNICEF’s innovation fund, which allows the organization to hold, receive and disburse funds in cryptocurrency. The CryptoFund is a pooled fund of bitcoin and ether, distributed only in crypto, targeting to create visibility and transparency accounting to donation distribution and investment processes.

CyrptoFund will facilitate startups registered in UNICEF’s 190 programme countries as a prototype Fund that seeks to explore the use of digital currencies in these countries. Forty-one of the nations are African.

Startups registered in the 190 countries and have an operational, open-source blockchain prototype or are willing to make their startup open source are eligible to get the fund.

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