- Tanzania’s CNG revolution: Demand for gas-powered vehicles surges
- Satrix brings global markets to Kenya with MSCI World Feeder ETF listing
- US-backed Congo-Rwanda peace deal seeks to stop mineral smuggling
- Talent crunch looms over manufacturing’s future
- Global energy transition, challenges of policy commitment
- Tanzania’s natural gas industry gets global boost with Dubai deal
- AfDB’s $139M Johannesburg deal signals a new era in city-led urban investment
- Geothermal power: Tanzania’s renewed drive for green energy
Author: Aly Ramji
- As President-elect Donald Trump, a man who once referred to Africa as ‘shithole countries,’ assumes office, the question remains: Can the U.S. move beyond gestures and deliver on its promises to Africa?
- Under Democratic leadership, U.S. policy toward Africa has typically focused on programs aimed at long-term development, governance, and economic opportunities.
- So far, however, decisively countering China’s growing economic presence in Africa has remained elusive, whether under Trump, Biden, or even Obama, a man who has Kenyan roots.
Africa has long been a continent of paradoxes for U.S. foreign policy, celebrated for its potential but too often neglected when it comes to sustained engagement. President-Elect Donald Trump’s first presidency brought this ambivalence to a head, marked by his infamous dismissal of African nations as “shithole countries.” Now, with Joe Biden having finally visited Angola at the tail-end of his term, many are left wondering whether U.S.-Africa relations are being …
Thanks to virtual dollar cards, residents of African countries find it significantly easier to conduct online transactions on popular digital services and shop on international platforms.
In our article, we explore the top 5 virtual cards on the continent. All of them are characterized by seamless online transactions and enhanced security features. They are easy to use and simple to obtain.
1. PSTNET
FinTech service PSTNET introduces virtual cards compatible with Visa and Mastercard, offering unrestricted global usage. These cards are versatile, catering to various needs. Specialized cards are available, such as those for managing payments for Facebook Ads or Google Ads.
We will focus on the service’s most popular card – Ultima.
Ultima is a 3D Secure virtual dollar card, ensuring all transactions are securely protected. It can be used for payments on platforms like PayPal, Steam, Spotify, Netflix, Patreon, Unity 3D, and app stores such as Google …
The Companies and Intellectual Property Commission (CIPC) in South Africa recently fell victim to a cyberattack, potentially compromising the sensitive data of at least three million entities and individuals registered with the commission.
The breach occurred earlier this March and exposed a wide range of sensitive information, including addresses, credit card details, ID numbers, and company names. The CIPC has urged its clients to remain vigilant for any unusual requests or messages and to be cautious when receiving emails, even those appearing to be from the CIPC email address.
Lungile Dukwana, the organization’s Chief Strategy Executive, stated that the attack appeared to be targeted. Upon discovering the breach, the CIPC’s ICT technicians promptly shut down part of the systems to prevent further unauthorized access. However, the full extent of the breach and the data compromised are still under investigation.
This breach underscores the critical need for robust cybersecurity measures to …
Investing can feel overwhelming, but there’s one golden rule: don’t put all your eggs in one basket. Check out AvaTrade’s online stock market course to learn the basics and advanced strategies for stock trading. It’s a great way to enhance your knowledge and get started with confidence. Diversification is the key to protecting your money and growing it steadily. Let’s talk about how to do this by including Forex, stocks, bonds, and even cryptocurrencies in your portfolio.
Why Diversify?
Diversification helps you spread your investments across different assets. This reduces the risk of losing everything if one investment goes south. Instead, your other investments can balance things out. It’s a way to keep your money safer while giving it room to grow.
Types of Financial Instruments
Forex (Foreign Exchange Market)
- Forex is where people trade currencies, like dollars and euros.
- It’s available 24/5, so you can trade almost anytime.
- You
The Importance of MAM in Trading Automation: Collaborating with Expert Advisors (EAs) and Strategies
In today’s fast-evolving trading landscape, automation plays a vital role in achieving consistent success for professional traders and fund managers. Multi-Account Manager (MAM) systems have revolutionized the way multiple accounts are handled, offering seamless integration with Expert Advisors (EAs) and various trading strategies. This article highlights the essential role of MAM in streamlining trading automation and enhancing its effectiveness by leveraging EAs.
For a cutting-edge solution to manage multiple accounts effectively, consider AvaPartner’s multi account manager software. This innovative tool streamlines account management while providing seamless integration with automated trading strategies and Expert Advisors (EAs).
What Are MAM Systems?
Multi-Account Manager (MAM) is a robust solution tailored for traders and fund managers tasked with overseeing numerous accounts simultaneously. By offering a centralized platform, MAM allows trade execution across all accounts while supporting customizable allocation methods, ensuring precision and efficiency in portfolio management.
Main Features of MAM Systems:
- Centralized execution
The world of online casinos has seen tremendous growth, particularly among South African players. With the convenience of playing from home and the variety of games available, online casinos offer an exciting and potentially lucrative pastime. This guide provides an in-depth look at the best online casinos for South African players, focusing on key features, benefits, and tips for choosing the right platform.
Top-Rated Online Casinos for South African Players
1. Springbok Casino
Springbok Casino is a premier choice for South African players. Known for its user-friendly interface and a vast selection of games, this casino offers a seamless gaming experience. Key highlights include:
● Local Currency: Accepts South African Rand (ZAR) for deposits and withdrawals.
● Game Variety: Features a wide range of games including slots, table games, and video poker.
● Bonuses: Attractive welcome bonuses and regular promotions.
2. Yebo Casino
Yebo Casino …
Africa is full of opportunities. With its rich resources and growing economies, many sectors are ready for investment. Here are some of the best fields to consider.
- Agriculture
Agriculture is the backbone of Africa’s economy. Investing here can be very profitable. In Nigeria, Olam International has put a lot into rice farming. This helps reduce rice imports and creates jobs. Similarly, Kenya’s Kakuzi is a top player in avocado production. They export to Europe and beyond. These examples show the potential for growth in agricultural exports. Better farming techniques, irrigation systems, and processing can boost food security and economic development. AgriTech, like precision farming and drones for crop monitoring, also increases productivity. Farmers can maximize yields and reduce losses.
- Renewable Energy
Africa has abundant natural resources. Solar, wind, and hydroelectric power are becoming key areas for investment. The Noor Ouarzazate Solar Complex in Morocco is one of the largest solar …
The world of slot games is set for big changes by 2024. This is due to new tech, more online options, and more players worldwide. Slot games are very popular for gambling. They have changed a lot with cool new features that make them fun. There are great chances for companies in this growing industry.
Overview of the Slot Machines Market
The slot machines market has grown steadily over the last ten years. Its current estimated value exceeds $50 billion. This growth results from adopting digital tech, expanding online casinos, and gambling’s rising popularity as entertainment. The market includes physical slot machines in land-based casinos and digital slots from online casinos.
Key Factors Driving Growth
Several factors drive the slot machines market’s growth. New tech like AI and VR enhances gaming experiences, attracting more audiences. The legalization of gambling in various regions, combined with online casinos’ rise, expands market reach. …
The world of online gambling is on the cusp of a revolutionary shift, as decentralized technologies, such as blockchain and smart contracts, are poised to disrupt the traditional centralized model. Decentralized sports betting platforms are emerging, promising to introduce unprecedented levels of transparency, security, and fairness to the industry.
Decentralized Sports Betting: The Basics
Distributed wagering platforms operate on a peer-to-peer (P2P) network, eliminating the need for a central authority or bookmaker. These platforms leverage blockchain technology, which serves as a decentralized, immutable ledger that records all transactions and bets placed on the network. By removing the middleman, blockchain sportsbooks aim to create a more transparent and trustworthy environment for users.
How Decentralized Sports Betting Works
To place a bet on a decentralized platform, users typically follow several steps. These include the following:
- Choose a Platform: Users must first select a decentralized platform that supports sports betting.
- Create
Investing has become crucial for wealth accumulation and financial security, but navigating this complex world can seem daunting. However, with the right approach and by arming themselves with knowledge, anyone can embark on this exciting journey toward financial freedom. Before we discuss the actionable steps and strategies Africans can use to start their investing journey, we must ensure you have a grasp of fundamental concepts, so here goes.
Understanding the Basics of Investing
At its core, investing involves allocating funds with the expectation that those funds will generate a return in the future. Returns come in various forms, including capital appreciation or dividends. Capital appreciation is the difference between an investment’s purchase and selling price.
For example, you may purchase stock in a sports betting and gaming company for $10, which rises to $15, resulting in a $5 capital appreciation. It is also a term used for gains enjoyed from …