business

banking sector under pressure according to Fitch

“Ghanaian banks (…) hold large volumes of government securities, so the over-indebtedness will put a lot of pressure on the banks”Mahin Dissanayake, senior director at Fitch Ratings, said at a press briefing on Wednesday, Reuters reports. “The operational environment seems very fragile”he added. Plunged into a rather complex economic crisis, Ghana recently turned to the …

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Lionel Zinsou at the Forum of the Economist of Benin: “Africa is not over-indebted, Africa is under-financed”

“The whole world had prophesied that Africa was going to be the victim of Covid. In the end, it was the least experienced continent”. It is with these words, in response to the question “Where is Africa going? “that the former Prime Minister of Benin Lionel Zinsou, former boss of the PAI Partners fund and …

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Electrical security: Morocco on the way to ensuring its energy sovereignty – VivAfrik

Affected by the repercussions of Covid-19, the global economic recovery has been accompanied by rising energy prices. In order to take stock of energy security in Morocco, the “Le Matin” Group organized, on September 20, 2022, a “Matinale”. After the health crisis which upset the context and the conditions of the world economy, the Russian-Ukrainian …

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Charles Hoskinson, creator of Cardano, claims that hundreds of crypto projects are gearing up to launch after the blockchain upgrade.

Charles Hoskinson says that many projects are preparing to launch on the Cardano (ADA) blockchain after his Vasil hard fork upgrade. Hoskinson, the co-creator of Cardano, states in a tweet that there are hundreds of projects announcing that they will move forward using new ADA capabilities that will be available to developers next week. “I’ve …

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They receive 20 million euros by mistake

Some Binance users were surprised to discover that they had received tens of thousands of dollars in their accounts, by mistake. The Binance cryptocurrency exchange platform mistakenly distributed 4.8 million “HNT” tokens – just over 20 million euros – to some of its customers. An “accounting” error that the platform attributes to the existence of …

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China boosts renewable power generation capacity: report

China’s installed renewable power generation capacity has grown rapidly in the first eight months of this year as the country strives to promote its green development, according to a report released on Saturday. Between last January and August, installed wind power generation capacity increased 16.6% year-on-year to around 340 million kilowatts, while solar power generation …

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Turkish Airlines, best carrier in Europe

Turkish Airlines received three awards on Friday, including Best Carrier in Europe, at the World Airline Awards organized by the air transport rating organization “Skytrax”. Turkey’s flag carrier has been awarded the competitive title of best airline in Europe, according to a survey based on responses from more than 14 million online customers from more …

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The number of renewable energy jobs is growing worldwide

This report entitled “Renewable energies and employment: Annual review 2022”, underlines that the size of the national market is one of the major factors of job creation in renewable energies, in the same way, among others, as the cost of Workforce. Solar energy is proving to be the fastest growing sector. In 2021, it provided …

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Vietnam Airlines Named One of World’s Top 100 Airlines 2022 by Skytrax

Vietnam Airlines Named One of World’s Top 100 Airlines 2022 by Skytrax National carrier Vietnam Airlines was ranked 48e in the Top 100 Airlines of the World in 2022 published at the World Airline Awards by Skytrax. >> Vietnam Airlines will participate in the Ho Chi Minh City International Tourism Fair >> Vietnam Airlines resumes …

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