Author: Joseph Kangethe

The most extensive data centre operators worldwide are racing to buy and build capacity in Africa.

A data centre is an extensive network of computer servers commonly used by organizations for remote processing, storage, or distribution of large data compilations.

Modor Intelligence expects that the data centre services markets, valued at US$48.90 billion in 2020, will rise to over US$105.6 billion by 2026.

The biggest challenge for Africa to produce thrilling global entertainment has been for a long time the lack of a realistic budget allocation to the creation, pre-and postproduction, and marketing of content.

However, the year 2022 bears a promise of the global media industry taking African content seriously.

Tony Maroulis, a principal analyst for London-based Ampere Analysis, says more than 1.4 million subscription video-on-demand (SVOD) users in Sub Saharan Africa. He projects the figure will grow to 2.4 million by 2026.

The CBK has also issued circulars to local commercial banks warning them against dealing with cryptocurrencies transactions or face penalties for non-compliance.

The last circular was issued in 2018 and has remained in action up until now.

While delivering the monetary policy announcement where the monetary policy committee retained the base lending rate at seven per cent for the 12th time, Dr Patrick said that their position had not changed on any of the crypto products in the market.

According to SOS Children’s Villages, 3.2 million children under the age of five die every year because of hunger and drought in Africa. In other words, more than half the children who die of hunger-related causes come from the continent.

In the same breath, he said that there has also been inconsistency in the flow of funds to UNICEF to support humanitarian response.

UNICEF said more than 255,000 children received treatment for severe wasting in Somalia last year. On Tuesday, January 2022, the International Organization for Migration (IOM) said the widespread drought in the Horn of Africa has severely affected the country the most, forcing the government to declare a state of emergency in November.

On average, the continent’s billionaires are worth $4.7 billion now compared to the $3.4 billion in 2014 Aliko’s wealth has been increasing exponentially, from $10.1 billion in 2020, $12.1 billion in 2021, and 13.9 billion in 2022 Nigerian Abdulsamad’s worth has risen from $3.1 billion in2020 to $7 billion in 2022, arguably the best performer on the list. The African economy is not doing so well. But that does not mean so are all the people on the continent! Aliko Dangote, a business magnate in Nigeria, has topped the 2022 Forbes list of the richest men in Africa for the…

The rhino horn has become “gold” as it is rumoured to have medicinal properties. The horn is also used as a status symbol to show success and wealth in some African and Asian countries.

Rhino horns are used to reduce hangovers and high fever, detoxify the body, and as a form of beauty through jewellery making.

In 2020, the northern white rhino went extinct as the last remaining male died in Sudan and the two remaining females were too old to reproduce.

Twitter founder Jack Dorsey appointed four Africans to sit on Btrust (Bitcoin Trust) board on December 15, 2021.

Btrust is an initiative co-founded by Jack and the United States singer, Jay-Z, to deploy 500 bitcoin to develop and foster the currency in Africa and India.

Ojoma Ochai, Obi Nwosu, Abubakar Nur Khalil and South African Carla Kirk- Cohen. There were 7,000 applications interested in the same positions. The application form for board members established a mission to “make bitcoin the internet’s currency.”

Extracts from Lake Kivu are sustainable as it would take centuries to exhaust the gas already accumulated in the lake. Darchambeau says that an explosion of Lake Kivu would present a risk to over two million people in both Rwanda and the Democratic Republic of Congo. The Rwandan government made a US$400 million concession agreement with Gasmeth Energy to process and compress the methane gas onshore to create compressed natural gas (CNG). Rwanda has come up with an invention of its kind, The KivuWatt power station. The energy producer lies somewhere between a renewable and non-renewable source of energy. (Phentermine)…

The start-up has converted more than 170 vehicles from petrol and diesel engines to electric powered ones. The company is building supporting infrastructure to their cause through installation of public charging stations.

Brand new OPIBUS electric buses will cost US$100,000.

The chief strategy and marketing officers at OPIBUS, Albin Wilson said that the company would be testing 10 of their buses in Nairobi to ensure that the product fits and is optimized to the usage patterns in the country.

Buhari said that the rice pyramids would aid efforts to reduce the price of rice in Nigeria. He expressed his expectations for other agricultural organizations to join the Central Bank of Nigeria (CBN)-funded Anchor Borrowers’ Programme (ABP) that supports Buhari’s drive for food sufficiency.

Speaking at the event Central Bank’s governor, Godwin Emefiele, said that CBN collaboration with RIFAN increased the national output of rice to over 9 million metric tonnes in 2021, up from about 5.4 metric tonnes in 2015.

Productivity per hectare of smallholder farmers has also increased from 2.4 metric tonnes to about five metric tonnes over the same period.