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Pakistan issues first Blockchain Computing License in digital push

Pakistan issues first Blockchain Computing License in digital push

Pakistan has taken a significant step in its digital transformation by awarding its first Blockchain-based High Performance Computing (HPC) license to Higgs Computing Limited's data centre. The Special Technology Zones Authority (STZA) issued the license with support...

Blockchain Group Expands Bitcoin Strategy With €63M Bond Issuance

Blockchain Group Expands Bitcoin Strategy With €63M Bond Issuance

The Blockchain Group has announced a €63 million convertible bond issuance to expand its Bitcoin holdings, joining the growing ranks of institutional investors betting on the cryptocurrency. The French technology company's bonds, denominated in Bitcoin and convertible...

AFRICA-FX-Ghana and Uganda currencies could gain

AFRICA-FX-Ghana and Uganda currencies could gain

African currencies are showing varied trends for the upcoming week. Ghana's cedi and Uganda's shilling are expected to strengthen, while Kenya's shilling and Zambia's kwacha may weaken. Nigeria's naira is forecast to remain stable. Ghana's cedi, currently trading at...

India’s Bajaj Auto to take control of KTM with $906 million debt deal

India’s Bajaj Auto to take control of KTM with $906 million debt deal

India's Bajaj Auto announced plans to take control of Austrian motorcycle maker KTM AG through an €800 million ($906.2 million) debt package. The deal marks a significant shift for Bajaj, transforming its role from a minority investor to a strategic leader in KTM's...