Africa’s crypto challenges: crackdown, ban or regulation in wake of rising scams

Despite rising interest all across the continent, trade in cryptocurrencies remains banned — in part due to concern about soaring losses arising from crypto scams — by most African governments save for the Central African Republic (CAR). The latest Chainalysis report indicates that losses arising from cryptocurrency scams rose by 60% in the first seven […]

China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing of small and medium-sized enterprises (SMEs) across Africa. President of CDB, Mr. Tan Jiong, and President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, signed the […]

UK: IS secret female recruiting cell uncovered

A secret cell of women sympathetic of IS group has been exposed in London, after an undercover investigation revealed that the women held secret meetings to promote the agenda of the terrorist group. The undercover investigation is the work of the British TV Channel 4 which infiltrated the secret cell through a member of the […]