In 2021 the global mobile value stood at 1 trillion dollars. The African continent accounted for about 70 percent of the statistics. The adoption of mobile money in Africa continues to rise with Global System for Mobile Communications(GSMA) figures highlighting an increase from 27.5 billion in 2020 to 36.7 billion in 2021. Mobile Money Enables Growth…
Editor’s Note: Earlier, Oscar Katusya pointed us to a strategy that may benefit the African continent as it deals with the COVID-19 pandemic. Today, Oscar tells us trade and politics are some of the key aspects of this strategy. The Agenda 2063 To understand the Africa Continental Free Trade Area, we first have to be…
The President of Ivory Coast, Alassane Ouattara, visited South Africa on Friday.
Outtara was welcomed by his South African counterpart, President Cyril Ramaphosa in the capital, Pretoria.
The visit coincided with a UN and Turkey-brokered agreement to allow Ukraine and Russia to export grain and fertilizers.
“It has taken much too long, in my view, because that conflict has put a stop to the import or exportat of grain, fertilizers and other foodstuffs like wheat to various other parts of the world. And we are therefore pleased. That this may indeed in the end become a reality. Would this be seen as signalling something that could amount to the end of that conflict? I would like to believe that, yes”, said South African President Cyril Ramaphosa.
Referring to Mali, the Ivorian president rejected earlier suggestions that his country was interfering in its neighbour.
The accusations were linked to the detention of a group of Ivorian soldiers accused of being mercenaries.
” Ivory Coast cannot afford to attempt to destabilize any country and especially not a neighboring country (such as Mali). And they are the same peoples, the same population. The relationships are close, are very close. We use the same currency, we use the same legal framework, etc. It (Mali) is a friendly country and brother and sister populations. Therefore, there isn’t any question about us engaging in any attempt to destabilize”, reassured Alassane Ouattara, President of Ivory Coast.
During the visit to South Africa, the two presidents signed a number of agreements and Ouattara addressed the South Africa — Ivory Coast Business Forum.
Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure.In a Monday announcement on Twitter, Touadéra said the CAR government would be launching Sango, a crypto initiative proposed following the country’s adoption of Bitcoin (BTC) as legal tender in April. According to Sango’s website, the government intends to launch the program during a July 3 event in which the president, members of his cabinet and industry experts will discuss the physical and digital infrastructure needed for the CAR to enter the crypto space, as well as the legal framework for the country. The Sango project’s plans include building a “legal crypto hub” aimed at attracting businesses and global crypto-enthusiasts, expanding the adoption of Bitcoin in the country, and creating a virtual “crypto island” — a special economic zone in the metaverse that will seemingly have an equivalent space in the physical world. According to Sando, the CAR plans to have a dedicated legal framework for crypto in place by the end of 2022.“The ambitious strategy to quickly build a successful economy can only rely on new technologies that have taken the world by storm and taken money to another level, with Bitcoin as a watchword,” said Touadéra. With #Bitcoin as #legaltender & inspiration, our country opens a new chapter in its inspiring journey towards a brighter future via #blockchain #tech. Everyone is welcome to witness the Sango Genesis Event that will be broadcast on the 3rd of July, on https://t.co/LIQiKGhcBS. pic.twitter.com/7u6knv5f6w— Faustin-Archange Touadéra (@FA_Touadera) June 27, 2022Related: Crypto users in Africa grew by 2,500% in 2021: ReportTouadéra’s and the CAR’s plans to adopt crypto seem to be emulating those of El Salvador, whose Bitcoin Law declaring the digital currency legal tender went into effect in September 2021. The Latin American nation also announced plans to create its town Bitcoin City funded by $1 billion worth of BTC bonds, placed on hold as of June amid the bear market.
An African Nation Contending with Two Governments Tensions in Libya have risen again with the appointment of a new Premier, Fathi Bashagha, by the Parliament in Tobruk. Bashagha is now contending for the position with Abdel Hamid Dbeibah, an UN-recognized leader. After the announcement, Bashagha went to Tripoli airport to deliver his inaugural speech as…
The 2021 UN-organized Climate Change Conference or COP26 was held from October 31 to November 13 in Glasgow, United Kingdom. As a region most vulnerable to the effects of climate change, coverage on Africa’s agenda at COP26 focused on climate finance and justice. Going into COP26, the African Group of Negotiator’s message to developed nations was…
Uncovering the News — 04/05/21 – 04/13/21 What’s At Stake: This worldwide silence about such a big accomplishment for the small East African country shows once again that for many news organizations, Africa only makes the news in negative instances. Djibouti, an East African nation is making it big with green energy. On April 13, The…
Abstract The African Continental Free Trade Agreement (AfCFTA) has been touted as an economic and globalization game changer because it
The process of obtaining a visa on arrival to Togo was simple and straightforward, but I came prepared. Instructions: Visa On Arrival In Togo After stamping out of Ghana in Aflao, I walked directly across the road (sorry, no pictures)
A round-up of some our most-read stories in a year that Covid-19 dominated the headlines