Dec 27, 2024 | Commonwealth News
Ride-hailing giant inDrive has invested in the Pakistani online grocery delivery firm Krave Mart as part of its strategy to expand into emerging markets. While the deal’s value remains undisclosed, the investment will enable Krave Mart to strengthen its presence...
Dec 27, 2024 | Commonwealth News
A recent study identifies Singapore as a global leader in blockchain innovation, with 1,600 patents, 2,433 industry jobs, and 81 crypto exchanges—impressive figures for a nation of fewer than six million people. Hong Kong ranked second with a composite score of 82.7,...
Dec 17, 2024 | Commonwealth News
The African Development Bank’s Board of Directors has approved a £30 million equity investment in Africa Finance Corporation’s (AFC) innovative “green shares” to mobilise funding for climate action projects across Africa. The initiative will...
Dec 16, 2024 | Commonwealth News
The 16th of December holds profound historical significance for various South African communities. For Afrikaners, it commemorates the Battle of Blood River (1838), a crucial event in their cultural heritage. Conversely, the African National Congress (ANC) and other...
Dec 16, 2024 | Commonwealth News
18-year-old Gukesh D, the newly crowned World Chess Champion, received a warm reception at the airport from enthusiastic fans and officials. Tamil Nadu Sports Secretary Atulya Mishra honoured the young prodigy with a bouquet, celebrating his remarkable victory over...
Dec 13, 2024 | Commonwealth News
Republic Day in Malta is celebrated with great enthusiasm, especially in Valletta (the capital) and Marsa (the town opposite Valletta). The National Festivities Committee manages the major events each year, ensuring a vibrant and memorable occasion. For the 50th...
Dec 13, 2024 | Commonwealth News
Saint Lucy, a young Christian martyr, perished during the Diocletianic Persecution in 304 AD. Her story of faith and sacrifice has inspired millions across centuries. According to legend, an angelic visitation led to Lucy’s conversion to Christianity. She...
Dec 12, 2024 | Commonwealth News
Ghana’s economy has recorded its fastest growth since 2019, rebounding from a period of severe economic decline. In the third quarter of 2024, the country’s GDP grew by 7.2% compared to the same period last year, marking the strongest year-on-year increase...
Dec 12, 2024 | Commonwealth News
Australia’s Federal Court has fined Kraken’s local operator, Bit Trade, A$8 million ($5.1 million) for unlawfully issuing a credit facility to over 1,100 customers. The Australian Securities and Investments Commission (ASIC) stated that Bit Trade failed to...
Dec 11, 2024 | Commonwealth News
The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) programme is backing a new $50 million financing agreement to support women-led enterprises in Nigeria. Signed at the Africa Investment Forum in Rabat on 5 December, the deal between...