Binance, the world’s leading crypto and blockchain infrastructure provider, with an ecosystem featuring an unmatched portfolio of crypto products, sees continued growth across Africa, making it one of the fastest growing regions for the company. Increasing Crypto Adoption Across Africa As a leader in the blockchain industry, Binance continues to
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By Sylvia Mulinge A few weeks ago, I had the opportunity of visiting one of our hybrid network sites located in Luweero district approximately 60km out of Kampala. This site, which early next year shall be converted to a 100% low carbon emission site, currently employs 40 solar panels to
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Michael Atingi-Ego, the Deputy Governor, Bank of Uganda The Bank of Uganda doesn’t expect a global recession in 2023 despite the international media reporting that the crisis is inevitable. Michael Atingi-Ego, the Deputy Governor, Bank of Uganda says a global recession is highly unlikely although global economic growth could be
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US President Joseph Biden (pictured) will next week host leaders from across the African continent in Washington, DC, for the U.S.-Africa Leaders’ Summit. At least 44 heads of state and government have confirmed, including Uganda's Yoweri Museveni to attend the US event, the first in six years. According to the State Department,
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By Hardeep Sound, Regional Sales Director for East Africa at SAP When the early days of the pandemic pushed industries across East Africa into survival mode, it sparked a wave of cloud adoption that has swept through the region. Focused at first on ensuring business continuity, investment into
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Kikuubo in down town in Kampala is busy. Stanbic PMI show that business conditions have continued to improve Conditions in Uganda’s private sector continue to improve as the latest data for the monthly Stanbic Purchasing Managers Index (Stanbic Bank PMI) showed output, new orders and employment all increasing over the
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Uganda and African countries with oil and gas discoveries are sitting on wealth in form of data which should be turned into value. African oil and gas data experts say that like elsewhere, Africa needs to safeguard its data, which they are comparing to crude oil given its value. The value
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The Governor Bank of Uganda (BoU) is such an influential position that greatly impacts the country's economy's GDP as the role covers in its entirety overseeing economic activities and managing the same to ensure a stable financial environment for the growth of the country. However, the position has been
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By Ali Ssekatawa By 2050, Africa’s population is projected to grow to 2.5 billion people, which will be close to 25% of the world's population, which is expected to grow to about 9.5 billion. Africa will impact every aspect of life in the world, especially trade and industry given that
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By Binance CEO, CZ In light of what has been happening in the crypto ecosystem in the last week, Binance Chief Executive Officer, Changpeng Zhao (CZ), has reiterated the need to focus on rebuilding and safeguarding users. In a statement addressed to the crypto community, published on Tuesday, November 15th,
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