Kenya Ranked Sixth Crypto-Friendly Country in Africa
July 3, 2024-- Kenya has been ranked the sixth-most crypto-friendly country in Africa, with 5.1 percent of the population holding crypto.
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The report highlighted that the cost to mine one bitcoin in the country is $83,002, with the profit of mining the coin being $17,094, and a search volume of 153.7 per 100,000 people for crypto-related keywords. |
South Africa: African Development Bank Country Focus Report highlights urgent need for economic transformation as GDP growth remains subdued July 4, 2025-African Development Bank calls for strategic reforms to unlock South Africa's $3 trillion capital potential
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Africa's Trade Projected to Hit $1.5 Trillion in 2025 July 1, 2025--Trade is set to expand at an average of 5.1 per cent a year through 2026, before quickening to 5.4 per cent by 2028. |
National stock exchange launched in Somalia June 26, 2025-The National Securities Exchange of Somalia (NSES) held its formal launch on 19 June 2025, according to this report on Xinhua. A coalition of local investors and financial experts established the exchange and it will start by operating as a private, self-regulatory organization, according to a statement issued in Mogadishu. The Central Bank of Somalia has pledged full technical support with the aim of ensuring international best practices are followed. |
East Africa's regional 20 share index June 24, 2025-The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which brings together the exchanges of Kenya, Rwanda, Somalia, Tanzania, Uganda and Ethiopia, as well as Burundi when that exchange will be launched. |