Africa has been witnessing a slowdown in financial progress, and prevalence of Covid-19 pandemic has exacerbated the stream of needed funds for ongoing infrastructure growth initiatives. Fearing default on funds, numerous African international locations are re-negotiating mortgage phrases with Chinese language entities together with deferment of curiosity funds and suspending the non-viable initiatives.
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Roughly 85% of Anchor’s enterprise has come from repeat purchasers who profit from the corporate’s quick flip instances, flexibility to accommodate particular conditions and the flexibility, and capital, to fund multi-million-dollar initiatives,”
Robinhood Markets Inc (HOOD.O) said on Wednesday it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencies in and out of their brokerage accounts.
Commonwealth Bank of Australia (CBA.AX) accused Apple Inc (AAPL.O) on Thursday of uncompetitive behaviour over control of payments on its phones, which have grown to about a third of all in-person payments the country’s largest lender processes.
Forex trading is one of the most popular forms of investment in Africa, especially amongst young people. It is relatively low-cost, available 24 hours a day, and can be accessed from both mobile devices and computers. Anyone with a mobile phone and 10 dollars to spare can get involved.
Information reaching us has it that the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has called for regulation of cryptocurrency trading in Nigeria to prevent unsuspecting members of the public from being swindled.
A surge in fraud attacks on consumers since the pandemic has become a ‘national security threat’ for Britain requiring government-coordinated action across industries, banking industry lobby group UK Finance has warned.