Covid-19 paralyzes world largest diamond firm as global sales crumples
Businessam StaffJuly 27, 2020
Company to undergo restructuring resulting from the Covid-19 effects Reports $56m rough diamond sales in Q2 2020 In the wake of the
Deteriorating US-China relations is not reflected in markets
Hussein SayedJuly 23, 2020
Hussein Sayed, Chief Market Strategist at FXTM Tensions between the world’s two largest economies are on the rise. After ordering the
Africa50 says digital infrastructure investment critical to Africa’s economic recovery post-Covid-19
Ben EguzozieJuly 23, 2020
Examines investment opportunity for Africa’s recovery Aware that COVID-19 has triggered an unprecedented demand for digital
Netflix employees lead Apple, Facebook, Alphabet, eBay’s in revenue per-head, as paying subscribers surge 797%
Charles AbuedeJuly 22, 2020
Charles Abuede Employees at American streaming giant, Netflix, led those of other tech big names, Apple, Facebook, Alphabet and eBay
AfDB signs $400m senior loans for $20bn MozambiqueLNG landmark project
Charles AbuedeJuly 22, 2020
Charles Abuede The African Development Bank (AfDB) said it is involved in a joint partnership with other global syndicates of
Stripe, Robinhood, other fintech frontrunners raise $4bn in 3 months amid pandemic
Businessam StaffJuly 22, 2020
Charles Abuede A set of data obtained by Business A.M. have revealed that the top tier companies in the global fintech space raised a
Amazon’s Jeff Bezo richer by $13bn in a day
Businessam StaffJuly 22, 2020
Jeff Bezos Amazon Chief Executive Officer, Jeff Bezos’ wealth rose by a record $13 billion in a single day on July 20, Bloomberg
Airtel Africa, WorldRemit join forces to raise financial inclusion in Africa
Omobayo AzeezJuly 20, 2020
By Omobayo Azeez Airtel Africa is scaling up its operations with WorldRemit, the global digital money transfer service that operates
Kenya set to regulate loan rates for lendtechs
Businessam StaffJuly 20, 2020
Business a.m. The Central Bank of Kenya (CBK) is set to regulate loan rates for digital lenders operating in the country. This is
AfDB, partners commit $3.8bn to speedily close Africa’s investment gap
Charles AbuebeJuly 20, 2020
15 deals in AIF’s current portfolio All deals valued at $3.79 billion earmarked to address the impact of COVID-19 By Charles Abuede