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Showing posts with the label nigeria

World's First Blockchain Commodity and Financing Marketplace in Nigeria!

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Nigerian based financial institution, Sterling Bank, made history unveiling the world's first blockchain based commodity trading and financing platform. The platform will decentralize agriculatural commodity traiding in Nigeria and other parts of Africa. The development may come as a shock to some and certainly a pleasant surprise to many as Sterling Bank took the lead in an innovative step in the banking sector of Nigeria. There are more developments to be followed before a conclusion can be drawn on the success of the platform. It's unveiling, is , however, an indication of the increasing willingness of Sterling Bank to facilitate funding solutions for the agricultural sector.

Africa's Fastest Train (320 km/hour) Launched in Morocco

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November will be considered as a historic month for not only Morocco but Africa as the bar was raised by the North African country which introduced Africa's fastest train (320 km/hour) to the world. The train is considered as Africa's first high speed train. Further developments in the train sector could be pivotal for transport challenges faced by nations such as Morocco. This will be beneficial for not only trade but also the movement of people.

A Beautiful Illustration of Africa

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A picture says a thousand words and a painting sings a thousand words. Anouk (anouk.von.g on Instagram) shows a positive depiction of Africa with her drawing. On the drawing, the resources of each geographical region in Africa is shown, from the oil of Nigeria to the mines of South Africa. It just goes to show just how wealthy and equipped for greatness Africa is.

Blockchain: Freeing Africa from Chains of Corruption

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Blockchain. A buzzword overshadowed by the cryptocurrency craze but no less relevant than the very technology it empowered. There is no doubt that the world is changing at an unimaginable rate on account of the flood of technological developments in recent times. One great difficulty for lawyers, doctors, bankers, and other members of societies around the world in this emerging era of blockchain will lie in the multitude of use cases of blockchain to choose from. This difficulty, however, may indeed be a strength for African economies, often deemed by media as the subject of various plights requiring rectification. The potential of blockchain to revolutionize African economies cannot be understated. Billions of lives will be touched by blockchain. Africa's growing economies could leapfrog to become top 20 economies in the world on account of the benefits of blockchain that Africa gains . This is the vision of a hopeful few.  The essence of blockchain is to facilit...

Japan's Strengthened Alliance with Africa

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After having already made a $32 billion pledge to Africa over a five-year period at the last Tokyo International Conference on African Development, Japan’s decision to invest $30 billion in Africa over the coming years, could not have come at a better time. With dwindling oil revenues, other badly affected commodity prices, and several new conflicts, Japan’s contribution to African states may serve to provide greater balance to their economic climates. For African states to meet their economic potentials, infrastructure development is imperative. $10 billion of the investment will be used for the development of the continent’s electrical power, urban transport systems, roads and ports. The African Development Bank will play a key role in the execution of the investments. The remaining $20 billion will be utilised in Africa through Japan’s private sector. Japanese Prime Minister, Abe is confident that in Africa, “Japan can grow vigorously”.  It is clear that Japan has e...

Africa's Eduction Sector: Past, Present, Future

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Introduction Throughout history, the provision of education has come in many forms. From one-room schools to the open-air academies of Plato, both the young and old across the globe have been gifted with great scholars, priceless manuscripts, and vast amounts of knowledge. It is in this endless search for knowledge that we take delight. It is in the incessant pursuit of its fruits that history has been made. Like other regions across the world, this pursuit continues for Africa as its states define themselves amidst new trends in technology and growing populations. It is “all hands on deck” for the continent and its partners. Agenda 2063 will guide the African Union in ensuring that 70 per cent of all high-school graduates are enrolled in higher education and that 70 per cent of those enrolled will graduate in subjects related to sciences and technology. More governments across Africa recognise the need for action. More governments and organisations outside Africa are fu...

Mr Eazi's Lagos to London Released

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Nigerian musician, Mr Eazi has released his second full-length project, Lagos to London which features other stars such as Maleek Berry, Burnay boy, Giggs, and Sneakbo. The full mixtape can be listened to on  http://bit.ly/MrEaziL2Llisten  The leg over star marked the occasion with a yellow double decker party bus in the streets of London.