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Now more than ever, Africa needs to examine its options for reducing its energy expenses, as energy cost heavily influences the growth or decline of any given economy. Energy cost is a key determinant of inflation, alongside basic amenities like food, water and other commodities distinct and essential to different regions. DOWNLOAD THE LEADING VIDEO …
5 interesting facts about Dangote’s new oil refinery Read More »
The US helped spark a global surge in the cost of living. Now that the country’s price inflation shows signs of easing, does it point the way for the rest of the world? The US was the first major economy where inflation took root, as a wave of pandemic relief money from the government set …
Does easing US inflation point the way for the world? Read More »
A sharp drop in energy prices, in particular petrol, is helping to ease cost-of-living pressures in the US. US inflation was 6.5% over the 12 months to the end of December, down from 7.1% in November, the US Labor Department said. That was the smallest increase in more than a year, and marked the sixth …
CPI: US inflation falls to lowest in more than a year Read More »
Johann Rupert experienced a financial growth of $400 million in the first week of 2023. This has moved him up the billionaire ladder. This sudden growth could potentially precede what has been projected to be a successful year for the South African billionaire. The new year has started off on a high note for Africa’s …
Fintech in Africa is predicted to grow by 10% annually through 2025, reaching a total of $150 billion (excluding South Africa). The success of fintech companies in Africa is driven by trends such as increasing smartphone ownership, declining internet costs, expanded network coverage, and a young, rapidly growing and urbanizing population. Key markets for fintech …
