The revolt that brought an end to Hosni Mubarak’s presidency also prorogued the departure of investors and tourists in Egypt. To regain the 14.5 million visitors that generated 12.5 billion dollars, the actual tourism minister announced that lands will be auctioned for tourist developments. According to him “28 million sq meters will be put on […]
Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm Henley & Partners in partnership with South African wealth intelligence firm New World Wealth. South Africa, Egypt, Nigeria, Morocco, and Kenya are Africa’s wealthiest countries. The first three countries possess […]
The Senegalese government has officially ditched a land deal with American-Senegalese singer Akon, effectively halting his ambitious plan to build a futuristic, cryptocurrency-powered city dubbed “Akon City.” The project, first announced in 2018, promised a $6 billion “real-life Wakanda”, a high-tech utopia powered by renewable energy and using Akon’s own digital currency, AKoin. The city […]
