Namibia eager to showcase AI readiness
Capitalising on a recent ranking by the IMF, Namibia’s ICT ministry is keen to propel the country into AI, and will use its upcoming national ICT summit to do so.
Alfred Shilongo
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Crypto currencies ‘safe hedge’ against currency devaluations
Binance says cryptocurrencies are a safe investment option, as they can cushion consumers against depreciating currencies.
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Zimbabwe launches IMF-backed economics data portal
The National Summary Data Page will serve as a one-stop publication for disseminating data on Zimbabwe's economy.
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Investors upbeat about SSA but internet connectivity the drawcard
Sub-Saharan economic growth predicted to be higher than expected this year and next, but MNO World Mobile warns internet connectivity remains critical.
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Central African Republic launches its own cryptocurrency
Government tight-lipped on specifics, but links Sango Coin to local economic development.
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African business leaders predict better-than-expected GDP growth
Almost all expect Sub-Saharan Africa to exceed IMF’s 3.8% forecast this year and 4% for next year, according to blockchain-based MNO World Mobile.
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CAR sidesteps doubters, proceeds with Sango crypto island ambition
Country’s govt determined to pursue cryptocurrency plans having recently adopted Bitcoin as a legal tender.
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Africa’s financial architecture needs overhaul to meet SDG goals
One of the key takeaways from the 54th session of the Conference of Ministers (CoM2022) in Senegal under the theme “Financing Africa’s Recovery: Breaking New Ground”.
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Regulatory gaps can heighten risk in cryptocurrency trade says IMF
Financial organisation calls for establishing international collaborative arrangements for supervision of crypto assets.
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IMF is right: cryptocurrencies are ushering in a new world order
deVere Group CEO Nigel Green has commented on the Global Financial Stability Report released by the IMF.
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Cameroon’s mobile money tax could backfire, IMF cautions
Economists said when the tax is not applied to the banking sector, it results in an unequal treatment of different means of payments.
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Digitalisation, COVID-19 dominates African Finance Ministers conference
Conference has opened in Addis Ababa under the theme “Africa’s sustainable industrialisation and diversification in the digital era in the context of COVID-19.”