Elon Musk’s satellite internet venture, Starlink, has made significant strides across several African countries yet, it remains notably absent in his native South Africa. Starlink has made significant strides in Africa, but is notably absent in South Africa Regulatory policies in South Africa are posing challenges for Starlink, as the company must obtain network and…
Africa’s space ambition is set to reach new heights as the continent inches closer to its moon mission under the Africa2Moon project. Africa’s space ambition is reaching new heights with the Africa2Moon project The project aims to study the lunar south pole and launch in 2028 It plans to deploy an array of 54 antennae…
PwC has shut down operations in over a dozen countries, including nine in Sub-Saharan Africa. PwC shut down operations in over a dozen countries, including nine in Sub-Saharan Africa The firm is facing mounting reputational and regulatory challenges across multiple regions The decision to withdraw from African markets was influenced by factors like political instability…
One of the most contentious conversations in Nigeria currently concerns the proliferation of Ponzi schemes in the last decade, which was brought to the forefront by the recent CBEX scam. CBEX, a Ponzi scheme, crashed in Nigeria, leaving 300,000 investors with estimated losses of $840 million. The scheme claimed to be the China Beijing Equity…
The White House budget office has put forward a proposal to cut funding for United Nations peacekeeping missions, pointing to what it describes as operational failures in Mali, Lebanon, and the Democratic Republic of Congo. The White House budget office proposes cutting funding for U.N. peacekeeping missions in Mali, Lebanon, and the Democratic Republic of…
Zimbabwe’s ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country’s oldest independent brokerage. Zimbabwe’s local currency, the ZiG, is at risk of failure due to policy missteps and prolonged liquidity crunch. The currency, backed by gold and foreign currency reserves, has failed to gain…
