The flood of venture capital into African technology companies over the past three years is drying up amid the global market downturn.
Author: Agency Staff
As government struggles to provide sufficient electricity, public transport and other basic services, the country’s main tourist hub is increasingly going it alone.
Coinbase Global will cut about 1 100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday.
The 500 wealthiest people in the world have lost a combined $1.4-trillion, including $206-billion on Monday alone.
Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.
Online platforms like Twitter, Facebook and TikTok will be required to register and open offices in Nigeria, draft regulations show.
The meteoric rise of the digital economy has been exempt from the kind of tariffs that apply to trade in physical goods. That era may come to a screeching halt this week.
The value of the cryptocurrency market on Monday fell below $1-trillion for the first time since January 2021, reaching as low as $926-billion.
The rand fell on Monday, ahead of the US Federal Reserve and the Bank of England’s interest rate decisions.
Microsoft revealed dozens of new titles for its subscription service, Xbox Game Pass, including several from the big publishers it purchased in recent years.