Sub-Saharan Africa witnesses rapid digital transformation
As Digital currency development is accelerating quickly in Sub-Saharan Africa, policymakers are concerned that digital currencies could be used to transfer funds out of the region illegally and undermine financial and macroeconomic stability, especially in the absence of robust regulatory frameworks.
The UN Food and Agriculture Organisation estimates that 37 percent of food produced in Sub-Saharan Africa is lost between production and consumption.
It means the continent loses or squanders a third of the food it produces, where 146 million people are going hungry.
A group of African entrepreneurs believe handling food produce from harvest to delivery, including processing is a way to reserve the trend.
Africa may be on its way to becoming the new destination for liquefied natural gas.
A new liquefied gas field near Senegal and Mauritania’s coastlines is bringing hope to Europe, as it hustles to secure alternative sources after Moscow reduced natural gas flows to EU countries.
The field could produce up to 10 million tonnes of liquefied natural gas per year, here is more to that story.
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