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Threatened To Be Ousted As Twitter CEO, Dorsey Counts Achievements, Defends Africa Move
Friday, March 6, 2020 - 5:02am | 571Read More...Twitter Inc. (NASDAQ: TWTR) chief executive officer Jack Dorsey on Thursday defended his record at the helm of the social media company. Defends Twitter's Performance Speaking at an event organized by Morgan Stanley (NYSE: MS), Dorsey defended the performance of Twitter over the recent years....
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Today's Pickup: UN Preps Logistics Surge To Feed 4 Million In Zimbabwe
Tuesday, December 31, 2019 - 1:24pm | 644Read More...Good day, A United Nations agency stands ready to undertake a massive humanitarian logistics effort to feed 4.1 million people in Zimbabwe amid a worsening hunger crisis but said it needs millions of dollars to pay for food. The World Food Program warned on Dec. 30 that continued droughts and an...
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Twitter CEO To Africa: I Will Be Back
Thursday, November 28, 2019 - 7:26am | 260Read More...Twitter Inc (NYSE: TWTR) Chief Executive Officer Jack Dorsey said on Wednesday that he is considering moving to Africa sometime next year. Dorsey, who also heads the payments company Square was bidding goodbye to the continent after spending some time in Ethiopia meeting the country’s...
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Africa's Markets Are Getting More Transparent: Report
Wednesday, October 23, 2019 - 7:26am | 323Read More...Financial Markets across several African countries have seen significant improvements in the year 2018-19, says research conducted by OMFIF (Official Monetary and Financial Institutions Forum) and pan-African financial group Absa. What Happened OMFIF measures the countries’ financial markets...
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The Relevance Of African Free Trade Agreement In The Context Of U.S. Trade Aspirations
Tuesday, June 25, 2019 - 10:28am | 686Read More...As ratification of the new U.S.-Mexico-Canada trade agreement (USMCA) moves forward slowly, a landmark free trade agreement has been signed several thousand miles away on the continent of Africa. While 52 African nations signed the African Continental Free Trade Area (AfCFTA), to date 24 have...
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Potential Zimbabwe Healthcare Savings
Monday, June 24, 2019 - 9:47am | 137Read More...Zimbabwe annually spends more than $400 million on health care (based on 2019 budget figures). 25% of all health care spending comes out of pocket (OOP). With a conservative roll-out of a medical cannabis program, Zimbabwe could reduce health-care spends by $10 million by its fifth year. Based on...
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Halo Labs Enters Africa Cannabis Market Through Bophelo Acquisition
Tuesday, June 18, 2019 - 12:36pm | 352Read More...Halo Labs Inc (OTC: AGEEF), a Canadian cannabis extraction company, said it will expand globally through the acquisition of Lesotho-based Bophelo Bioscience & Wellness. Prior to agreeing on the acquisition, Halo Labs and Bophelo were partners working together on a 5-hectare cultivation and...
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Oppenheimer Disputes Short Report On Pareteum
Monday, June 10, 2019 - 12:56pm | 469Read More...Oppenheimer Equity Research disputed a short report on Pareteum Corp (NASDAQ: TEUM) that accused the company of touting contracts with dubious startups. Pareteum shares were soaring Monday after the short report caused it to drop last week. The stock lost nearly a quarter of its...
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Utilizing Legal Cannabis For Sustainable Stimulus Begins Taking Root In Africa
Monday, June 10, 2019 - 10:01am | 726Read More...By Beau R. Whitney, Vice President and Senior Economist, New Frontier Data Africa has seen an accelerating wave of cannabis reform over the past 24 months, much of the movement so far anchored to the south, in Lesotho's and South Africa's respectively legalized markets. Meanwhile, many...
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Number Of Annual Cannabis Consumers By African Country
Monday, June 3, 2019 - 9:59am | 177Read More...The first African country to legalize medical cannabis was Lesotho, in 2017. South Africa is expected as the first to formally legalize adult use since its Constitutional Court last year ruled that personal cultivation and private use of cannabis are constitutionally protected. Nigeria, Ethiopia...
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InterCannAlliance Africa Reveals The Vast Potential Of Africa's Fast-Growing Cannabis Market
Monday, June 3, 2019 - 9:56am | 1434Read More...New Frontier Data hosted the first InterCannAlliance Africa symposium on May 24 -25, 2019 in Victoria Falls, Zimbabwe. The first-of-its-kind cannabis conference in Africa, the conference explored the implications of medical cannabis and industrial hemp legalization in Zimbabwe and across the...
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Africa's Largest Cannabis Consumer Markets
Tuesday, May 28, 2019 - 10:03am | 110Read More...New Frontier Data analysis found the 2018 global market value of combined legal and illicit cannabis markets to be worth $344.4 billion (USD). Of 263 million annual cannabis consumers worldwide, 83 million (32%) live in Africa. Africa’s cannabis market value (combined legal and illicit) was...
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One-Third Of Worldwide Cannabis Users Stay In Africa
Thursday, May 23, 2019 - 10:04am | 529Read More...New Frontier Data, the authority in data analytics and business intelligence on the global cannabis industry, announces its latest report the Africa Regional Hemp and Cannabis Report: 2019 Industry Outlook, estimating Africa’s total addressable cannabis market at $37.3 billion USD; more than...
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RBC Discusses Jumia's Outlook
Monday, May 6, 2019 - 3:56pm | 344Read More...Jumia Technologies AG - ADR (NYSE: JMIA) is an e-commerce platform that operates in six African regions and 14 countries that combine for a GDP of two trillion euros. After gaining more than 200 percent since its initial public offering, the stock's valuation is now "relatively full,...
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Second Powerful Cyclone Headed For East Africa In 2019
Thursday, April 25, 2019 - 2:55pm | 785Read More...Residents in the African nations of Tanzania and Mozambique are preparing for potential destruction from Tropical Cyclone Kenneth. The ferocious storm is heading towards the eastern coast of Africa with torrential rain, in addition to winds of nearly 145 mph as of early this morning (Thursday,...
