Bloomberg Nigeria released new rules for digital assets, offering more clarity on trading in the cryptocurrencies in Africa’s most populous nation. The Securities and Exchange Commission published “rules on issuance, offering platforms and custody of digital assets” for virtual technologies, it said. It classifies the assets as securities regulated by the SEC. The rules may help boost trading by ...

  Bloomberg Central banks in five of eight major African nations will likely hold interest rates in the next two weeks to shore up their sickly economies, even as the inflation pressures build. Surging food and fuel prices from the war in Ukraine, renewed virus lockdowns in China and the US unwinding coronavirus stimulus have clouded the outlook for the ...

Abu Dhabi / WAM Since its founding in 1971, the Abu Dhabi Fund for Development (ADFD) has received special attention from the late Sheikh Khalifa bin Zayed Al Nahyan, who carried the legacy of the Founding Father, the late Sheikh Zayed, in promoting the UAE globally as a unique model of tolerance and giving. His unlimited support had a considerable ...