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Regulation time: FTX’s collapse prompts African govts to tighten crypto regulation
After the FTX cryptocurrency exchange’s collapse earlier this month that has left a trail of losses for companies and individuals, Africa’s financial regulators have sensed an opportunity to place stricter constraints on crypto’s adoption. Before FTX’s meltdown, the crypto giant was becoming a force for normalizing cryptocurrencies in Africa, through marketing campaigns that enlisted entertainers, […]
Ethiopia to build Africa’s largest airport
Ethiopia plans to build what would be the largest airport on the continent, with four-runways at an estimated cost of $6 billion. The airport will be located near the resort town of Bishoftu (Oromia region), 45 km from the country’s capital and will span over an area of 35 sq.km, Mesfin Taseu, CEO of the […]
Egypt: boosting the economy
Egypt might be taking a new approach towards small and medium-sized enterprises (SMEs) in the economic sector after a report was submitted to the National Bank of Egypt (NBE). The report which was overseen by the deputy head of the small and medium-sized enterprises division, Saad Mohyeldeen, has proposed 10 suggestions. The most significant among […]



