Nigeria’s New Copyright Law A Boost For Nollywood
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. The digital era contributed immensely to the growth of Nollywood, Nigeria’s film industry. Pius Utomi Ekpei/AFP via Getty Images By Samuel Samiai Andrews Nigeria has finally updated its 2004 copyright law, bringing it into the digital era – where the entertainment industry has been for decades already. […]
Why Several African Countries Are Hit with US Dollar Shortages & the Solution
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By Christopher Adam A number of African countries, including Kenya, Egypt, Zimbabwe, Nigeria, Ghana and Zambia, are currently experiencing shortages of US dollars. The dollar is the dominant currency in international transactions. These countries rely on the US currency to pay for foreign debts, essential goods and industrial inputs. Development […]
Diaspora Remittances Driving Local African Development
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. A customer deposits money at an "Orange Money & kiosk on June 29, 2015 in a district of Dakar. By Chiek e Tidiane Wade Remittances, investments and expertise from Africa’s 160 million strong diaspora are vital for the continent’s future growth. This is the conclusion reached by the African […]
How Founders of Color Were Rattled With the Silicon Valley Bank Collapse
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By an AP Report/The African Times-USA In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members. Questions flowed as the bank’s financial […]
The African Times Launches Foreign Currency Converter Portal, to Partner with Global Financial Brands.
CURRENCY EXCHANGE The African Times USA launches foreign currency converter portal to help thousands of students, tourists, business men and women as well as investors to be able to know the value of a currency against another currency before making international financial payments decisions. The portal is open and accessible to people in Africa and in […]
Uber Eats Partners US Corporation to Fund Black-Owned Eateries and Restaurants
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. The Local Initiatives Support Corporation (LISC) and Uber Eats are teaming up to launch a new investment program that will provide growth capital to Black restaurant owners and help break down some of the systemic financial barriers that often limit their opportunities. The Black Restaurant […]
How Pele Helped Cultivate a Culture of Diversity and Business in US Soccer Enjoyed Today in the American League
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By John M. Sloop North America’s most diverse professional league kicked off on Feb. 25, 2023, as Major League Soccer returns after a winter break. The league, commonly known as the MLS, has long prided itself as a standard-bearer for racial and national diversity: Last season saw players from […]
Regional Trade Agreement: Integrated African Economies Likely To Lead more Intra-African Migration Trends
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Most African migration is to economic hubs on the continent, a pattern that can be expected to continue as regional economies become more integrated. African Migration Will Continue to be Dynamic African migration has been on a steady upward trajectory for the past two decades. […]
Top Angolan Court Orders Seizure of Former First Daughter’s Assets
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Angola’s Supreme Court recently ordered the preventive seizure of assets of Isabel dos Santos, daughter of former president Eduardo dos Santos deceased in July this year. This is the second seizure of Isabel dos Santos assets in Angola since 2019. The court order covers 100 […]
Washington Deploys DFC To counter China’s Economic War In Africa
AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. The US International Development Finance Corporation (DFC), which was relaunched two years ago, is increasing its activity on the African continent. Washington has made the DFC, which invests in the private sector, its key weapon for attracting African countries wooed by Beijing. When they visit […]