It’s Midweek Guys!
As we gear towards the weekend, kindly have a go at today’s Big 5 Daily!
Ready? Dive in!
Guess what? A report by Ernst and Young has revealed that China’s influence in Africa has been augmented through $72.23 billion direct investments made within the past years. This fund were invested in telecommunication, technology, retail, finance institutions, businesses, and leisure between 2014 – 2018.
We have news that Uganda has joined Nigeria, Botswana, and Morocco in fighting against cryptocurrency. The country, through its Minister of Finance announced that the government does not recognize cryptocurrencies as a legal tender and warned those who traded at their own risk.
Buckle your belts South African Techies! MTN has launched an e-SIM technology for postpaid users in South Africa. Samsung is on-board the e-SIM and it will be rolled out via Samsung’s Galaxy Watches (42mm variant) for Galaxy Note 10 and Note 10+ series users.
Also, Hive an Egypt-based on-demand ride-hailing platform for kids has raised the sum of $400000 in seed funding. It will leverage the funds to improve its subscription-based on-demand ride-hailing platform for kids.
Finally, Facebook partnered Agence France-Presse (AFP), France 24, Dubawa, and Pesa Check fact-checking platforms to roll out its third-party fact-checking project in 10 other Sub-Saharan African countries.
…that’s it for the Big 5 Daily!
See you tomorrow!