Avisa Partners and RAID Square launch SP3AR, the blockchain offering that builds trust in the Web 3 ecosystem

(AVISA PARTNERS) – Economic intelligence firm Avisa Partners and Web3-focused start-up RAID Square announce the launch of a joint offering called “SP3AR,” a one-stop-shop risk management for gamers looking to leverage the potential of blockchain technology. Born from a strategic partnership between Avisa Partners and RAID Square, this offer mobilizes the core business of both … Read more

Cameroon expects FCFA 6,345.1 billion budget in 2023, up 4.4% (official)

(Business in Cameroon) – According to the 2023 Finance Law of the State of Cameroon, of which Invest in Cameroon was able to obtain a copy, and which the parliamentarians are preparing to examine, the government proposes a balanced budget allocation in revenue and jobs equal to FCFA 6,345.1 billion. This endowment is up by … Read more

CEMAC: with 67.9% of bank loans, four banks in Cameroon dominate the credit market at the end of March 2022

(Business in Cameroon) – In the CEMAC zone, a community space made up of six states (Cameroon, Congo, Gabon, Chad, CAR and Equatorial Guinea), credit institutions based in Cameroon largely dominated the bank credit market in the first quarter 2022 This is Afriland First Bank, whose capital is controlled by the Cameroonian billionaire Paul Kammogne … Read more

Three years after its creation, “Finance en commun” has established itself as a key player on the issues of climate and sustainable development

(AFRICAN DEVELOPMENT BANK) – Three years after its creation, under the auspices of public development banks including the African Development Bank and regional banking networks, the coalition “Common finance” strengthens itself, becoming a central player, recognized by the major international economic organizations for its commitment to sustainable development and climate change. As proof of its … Read more

CEMAC: with 67.9% of bank loans, four banks in Cameroon dominate the credit market at the end of March 2022

(Business in Cameroon) – In the CEMAC zone, a community space made up of six states (Cameroon, Congo, Gabon, Chad, CAR and Equatorial Guinea), credit institutions based in Cameroon largely dominated the bank credit market in the first quarter 2022 This is Afriland First Bank, whose capital is controlled by the Cameroonian billionaire Paul Kammogne … Read more

Lack of funding, main obstacle to the development of blockchain start-ups in Africa (Report)

(Agence Ecofin) – 51% of blockchain-focused start-ups are still in the conception phase and 39.7% are in the growth phase. Only 1% of these entities are firmly established and profitable. Difficulties in accessing finance outweigh the challenges faced by blockchain start-ups in Africa, according to a report published on October 5 by the specialized think … Read more

CEMAC: with 67.9% of bank loans, four banks in Cameroon dominate the credit market at the end of March 2022

(Business in Cameroon) – In the CEMAC zone, a community space made up of six states (Cameroon, Congo, Gabon, Chad, CAR and Equatorial Guinea), credit institutions based in Cameroon largely dominated the bank credit market in the first quarter 2022 This is Afriland First Bank, whose capital is controlled by the Cameroonian billionaire Paul Kammogne … Read more

Nigerian Dare Odumade fights counterfeit food and medicines with blockchain

Since university he was already trying his hand at the technological field. To his credit, three start-ups founded during his professional career. Experiences full of lessons for the young person who continues his technological adventure. Dare Odumade (pictured) is a Nigerian tech entrepreneur and innovator. Holder of a degree in geology from Ibadan University in … Read more

Will Madison Metals Sell NFTs To Fund Its Uranium Projects, An Example To Follow?

(Ecofin Agency) – The financing of mining projects is one of the explanations usually used to justify the scarce presence of local actors in the African mining sector. While accessing the world’s major equity markets can be difficult, the use of new technologies is within everyone’s reach. Canadian Madison Metals announced the appointment of Ryan … Read more

Afreximbank officially launches its international payment service called AfPAY

(Ecofin Agency) – African banks face various challenges with regard to international trade. A situation that is due to the lack of international bank correspondents who can facilitate access. To respond to this situation, Afreximbank has created its own payment system. On Thursday 29 September, the African Export-Import Bank (Afreximbank) officially launched its commercial payment … Read more