Business news covering companies, markets, startups, economy, investments and corporate trends shaping global and local industries.
Category: Business
Rwanda’s New Policy to Combat Online Scams
As online shopping grows in Rwanda through platforms like Facebook Marketplace and Amazon, reports of fraud are increasing. Customers often pay for items that never arrive, receive fake products, or find themselves blocked by sellers after sending money. To tackle these issues, the Rwandan government plans to implement a digital trade policy aimed at creating…
Call for Applications: Master’s Programmes at the University of Rwanda’s Regional Centre of Excellence
The University of Rwanda (UR) has officially opened the call for applications to its postgraduate academic programmes under the East African Community Regional Centre of Excellence for Vaccines, Immunization and Health Supply Chain Management (EAC RCE-VIHSCM) for the 2025 academic year, September intake. Applications are now being accepted through the university’s online platform between 15 May…
Kigali Ranked as Second city in Africa for Meetings
Kigali has been ranked the second most popular city in Africa for hosting international meetings, according to the latest report by the International Congress and Convention Association (ICCA). Rwanda also secured third place among African countries for hosting such events. This is the fifth year in a row that Kigali has earned this ranking. The…
Pi Network Rises as Global Crypto Gamechanger
In the world of digital money, few projects have sparked as much interest from everyday people as the Pi Network. While many cryptocurrencies have relied on big investors and heavy promotion, Pi has grown quietly, powered by its community. As of 2025, Pi Network is no longer just a quiet project. It has become a…
Tobacco Smoke: A Serious Health Threat
Doctors treating lung cancer in heavy-smoking communities see firsthand the harmful effects of tobacco smoke on health. Tobacco smoke is a major cause of lung cancer, particularly squamous cell lung cancer, which often affects individuals with a history of smoking. Even former smokers can develop lung cancer years after quitting. Current studies show a decline…
University of Rwanda to Launch Nuclear Technology Degree Program
The University of Rwanda’s School of Science and Technology is set to introduce a Bachelor of Science program in Nuclear Science and Technology. This initiative aims to support Rwanda’s strategy to utilize nuclear energy for socio-economic development. University officials emphasize that the program will help build a skilled workforce essential for advancing the nuclear sector…
Eric Trump Calls Bitcoin ‘Digital Gold’ at Consensus 2025
Eric Trump, son of former U.S. President Donald Trump, spoke at CoinDesk’s Consensus 2025 in Toronto, declaring Bitcoin as “digital gold.” He argued that Bitcoin offers better liquidity than real estate, citing his experience selling a hotel, which took a year and a half. In contrast, he noted that Bitcoin transactions are much easier. Speaking…
African SMEs: Pact for Economic Growth Ahead
The Africa SME Champions Forum has launched a new initiative to strengthen Small and Medium Enterprises (SMEs) across the continent. Named the “African SME Support Pact,” this plan aims to build sustainable and powerful SMEs by 2035. It was officially adopted on May 8, 2025, in Cotonou during the Forum’s 10th anniversary meeting. SME leaders,…
Whales Scoop Up 20 Million Pi Coins Is Pi Network the Next Bitcoin
A wave of whale level accumulation is sweeping through the Pi Network ecosystem, with major investors buying up millions of Pi Coins and fueling comparisons to Bitcoin’s early days. In a single high profile transaction, a crypto whale purchased 20 million Pi Coins worth an estimated $14 million USD on the OKX exchange, then swiftly…
Binance Wallet Sparks Buzz Around Potential Pi Coin Listing as Network Matures
The crypto world is abuzz with speculation after blockchain analysts detected unusual activity from a Binance linked wallet on the Pi Network mainnet just 22 hours before its discovery. The wallet, ending in JNL6, has triggered widespread rumors of a possible Pi Coin listing on Binance, the world’s largest crypto exchange. Could Binance Be Preparing…
Pi Network Breaks $1: Your 2025 Guide to Mining Pi Coin Efficiently
In a notable achievement for the crypto space, Pi Network’s native token, Pi Coin, has officially surpassed the $1 mark, signaling growing interest and confidence in this smartphone based mining platform. The surge in value highlights Pi’s increasing adoption and its distinctive approach to making cryptocurrency accessible to all. What Sets Pi Network Apart? Founded…
Pi Network Partners with Chainlink to Boost Smart Contract Security and Ecosystem Reliability
In a strategic leap toward full decentralization, Pi Network has integrated Chainlink, the industry’s leading decentralized oracle solution. This move represents a major milestone as Pi prepares for the highly anticipated Open Mainnet launch, signaling its transition from a community-driven token project to a robust Web3 platform. Strengthening Pi’s Ecosystem with Chainlink Announced via official…
Pi Network Soars to 11th in Global Crypto Rankings with $12.8B Market Cap
In a stunning leap up the cryptocurrency ranks, Pi Network’s native token, Pi Coin (PI), has reached a market capitalization of $12.8 billion, securing the 11th spot among global cryptocurrencies. This milestone reflects surging investor confidence and growing momentum for the project, known for its mobile-first mining model and expansive community-driven ecosystem. Exponential Growth Since…
Bitcoin Breaks $100K: New Heights Ahead or a Market Cooldown Coming
Bitcoin (BTC) has once again taken center stage, surging above the $100,000 milestone for the first time since February 2025. As of May 10, BTC is trading around $103,550, reflecting a 7.32% weekly gain. With a market cap now exceeding $2.05 trillion, Bitcoin has climbed to become the fifth-largest asset globally, leapfrogging tech titans like…
Pi Coin Price Rally Ignites Investor Buzz: Is a Breakout Imminent?
Pi Network’s native cryptocurrency, Pi Coin, has surged over 14% in just 24 hours, reigniting interest across the crypto space. As excitement builds ahead of Pi Network’s long-awaited open mainnet launch, investors are asking whether this rally marks the beginning of sustained growth—or a brief speculative spike. In this report, we examine the forces behind…
Pi Network Sets Its Sights on Global Blockchain Leadership with Open Network Launch
February 20, 2025 marked a major turning point for Pi Network as it officially entered its Open Network phase, transitioning from a closed mobile mining initiative into a fully functioning Layer-1 blockchain. This move opens the door for external integration, expanding Pi’s role in the global digital economy. Unlocking Connectivity: The Open Network Era Begins…
Bitcoin Surpasses Amazon to Become the Fifth Largest Asset by Market Cap
In a major turning point for digital finance, Bitcoin has overtaken Amazon to become the fifth most valuable asset in the world by market capitalization, a milestone that highlights how far the cryptocurrency has come since its early days. With a market cap now exceeding $1.48 trillion, Bitcoin has edged out Amazon, which holds an…
Bitcoin’s Bull Run: $100K Target in Sight
Bitcoin has experienced a significant surge, climbing 25% to reach $93,500, fueled by optimism surrounding potential policy shifts under President Trump and positive market indicators. The cryptocurrency is now eyeing the $100,000 mark. Trump’s recent statements suggesting a willingness to consider lower tariffs and allow the Federal Reserve greater autonomy have injected confidence into the…
Job Opening: Events Intern at Norrsken House Kigali
Location: Kigali, RwandaMonthly Compensation: USD $500 (net)Employment Type: Internship (3–6 months)Posted: May 8, 2025 Apply now Norrsken House Kigali is seeking a motivated and ambitious Events Intern to join its dynamic team. This role presents a unique opportunity for a recent graduate or final-year university student to gain hands-on experience in event planning, community engagement,…
MetaMask Unveils Crypto Payment Card in Partnership with Mastercard
MetaMask, a leading self-custodial crypto wallet, is launching a new payment card backed by Mastercard, allowing users to spend their cryptocurrency directly from their wallets. The metal card is a collaboration with CompoSecure and Baanx, offering an alternative to using centralized exchanges for everyday transactions. The key differentiator of the MetaMask card is its ability…
Mastercard and Microsoft Team Up to Bring AI Shopping to Consumers
Mastercard is partnering with Microsoft, IBM, and other AI companies to develop technology that allows AI agents to shop online and make payments on behalf of users, streamlining the online shopping experience. The program, dubbed Mastercard Agent Pay, aims to simplify product discovery and purchasing through the use of intelligent AI assistants like Microsoft’s Copilot….
UAE Makes AI Education Mandatory for All Students
The United Arab Emirates (UAE) is set to become a global leader in AI education by making Artificial Intelligence a required subject for all students from kindergarten through 12th grade, starting next year. The UAE Ministry of Education’s initiative aims to equip future generations with the skills necessary to thrive in an increasingly technology-driven world….
Pi Network Hits 12M Migrations, Boosting Blockchain Scalability
In a groundbreaking development in the cryptocurrency sector, Pi Network has successfully migrated over 12 million users to its blockchain platform. This achievement not only reflects the network’s increasing global appeal but also showcases its innovative scalability solutions, smooth user onboarding, and efficient KYC and migration systems. Remarkably, this milestone was reached without any fiat…
Pi Network Gears Up for Game Changing Announcements at Consensus 2025
The countdown is officially on just seven days remain before Consensus 2025 kicks off in Toronto, and anticipation is running high across the cryptocurrency world. Toronto, recognized as the birthplace of the first Bitcoin and Ethereum exchange traded funds (ETFs), is once again positioned to be the center of crypto innovation. However, this time, the…
Pi Network (PI) Rises in CoinMarketCap Rankings Amid Increasing Market Interest
New York, NY April 29, 2025 In a notable development within the cryptocurrency industry, Pi Network (PI) a blockchain initiative that began as a mobile mining experiment has surged in popularity on major crypto tracking platforms. As of May 8, 2025, Pi is now among the top trending digital currencies on CoinMarketCap, joining heavyweights like…
Pi Domain Auction: A New Frontier in Digital Ownership and Decentralized Marketplaces
As blockchain continues to redefine industries across the globe, the Pi Domain Auction stands out as a pivotal innovation in digital asset creation and decentralized commerce. This forward-thinking initiative is not just transforming how we think about online property it’s helping to shape the future of finance, investment, and technology. By empowering users to engage…
Russia’s Victory Day Parade: A Day of Pride and Memory
Every year on May 9, Russia celebrates Victory Day. It is one of the most important holidays in the country. This day marks the end of World War II in Europe, when Nazi Germany surrendered to the Soviet Union in 1945. The Victory Day Parade is held in Red Square, in the heart of Moscow,…
Traoré Attends Moscow’s Victory Day Parade
Burkina Faso’s interim President, Captain Ibrahim Traoré, arrived in Moscow on Wednesday, May 8, 2025, to join in the 80th anniversary celebrations of Victory Day. The event commemorates the Soviet Union’s victory over Nazi Germany in World War II. Traoré’s presence highlights Burkina Faso’s growing relationship with Russia, especially in areas like defense and infrastructure….
MTN Rwanda and Mastercard Introduce Virtual Card, Revolutionizing Digital Payments
Mobile Money Rwanda Ltd (MoMo Rwanda), a subsidiary of MTN Rwanda, has joined forces with Mastercard to launch the “Virtual Card by MoMo,” a digital payment solution poised to transform online transactions in Rwanda. The initiative, launched in December 2024, allows MTN MoMo customers to make secure online payments globally, regardless of whether they have…
Some Resist the Rise of AI, Citing Environmental Concerns and a Loss of Human Connection
While AI tools like ChatGPT surge in popularity, racking up billions of visits monthly, some individuals are pushing back against the growing influence of artificial intelligence. Concerns range from the environmental impact of energy-intensive AI systems to the potential erosion of human skills and values. Sabine Zetteler, who runs a London-based communications agency, questions the…
What Is Blockchain? A Clear Look at the Technology Powering Digital Innovation
Blockchain technology is one of the most transformative innovations in the digital world today. Initially developed to support cryptocurrencies like Bitcoin, blockchain is now revolutionizing industries far beyond finance, from supply chains to healthcare. What Is Blockchain? At its core, a blockchain is a distributed ledger that records transactions across many computers in such a…
Transfer talk and Gossip, Manchester United, Arsenal & Chelsea are ready for striker Viktor Gyökeres
– A move for on-loan Real Betis winger Antony is being considered by Atlético Madrid. Manager Diego Simeone’s side is the latest to be linked, and the Red Devils are expected to request an offer worth between €40m and €50m. – Theo Hernández is one of the left-back options Real Madrid are looking. The AC Milan defender, 27, would…
Kevin O’Leary Says Crypto Could Soon Be a Key Part of the U.S. Economy
Kevin O’Leary, also known as “Mr. Wonderful” from the TV show Shark Tank, believes that cryptocurrency will become the 12th major sector of the U.S. economy within the next five years. In a recent interview before his May 15 speech at Consensus 2025 in Toronto, O’Leary said, “I see crypto as a new part of…
North Carolina Moves Toward Bitcoin Investments
On April 30, 2025, the North Carolina House of Representatives passed House Bill 92, known as the Strategic Bitcoin Reserve Bill. This bill allows the state to invest in Bitcoin-related financial products like mutual funds and ETFs instead of buying Bitcoin directly. It also lets state employees invest part of their pension funds in cryptocurrencies….
Security Alert: Google Subpoena Scam Targets Users with Sophisticated Phishing Tactics
A new phishing scam is making the rounds, with cybercriminals impersonating Google to trick users into surrendering personal information under the guise of a legal subpoena. The scam, dubbed the “Google Subpoena Scam,” uses fear and urgency to manipulate victims into clicking malicious links and revealing sensitive data. Users report receiving emails that appear to…
Why Pi Network Might Be the Catalyst for Mass Web3 Adoption
With billions of smartphone users, embedded trust systems, and a fast-growing ecosystem of real-world utility apps, Pi Network is emerging as a powerful candidate to lead the next wave of decentralized innovation. As global attention shifts toward Web3—the decentralized future of the internet—the question of which platform will drive mass adoption remains open. Among the…
Pi Coin Joins the Trillion-Dollar Real Estate Industry: Is a $10 Valuation Within Reach?
Pi Network Breaks Ground in U.S. Real Estate: A Major Step Toward Mainstream Crypto Integration In a groundbreaking advancement for digital currency adoption, Pi Coin ($PI), the cryptocurrency developed by Pi Network, is now being accepted as a form of payment by Florida-based Zito Realty LLC. This move marks Pi Coin as the second-ever cryptocurrency,…
Spiro Rwanda Marks Two Years of Electrifying Progress in Sustainable Mobility
Electric mobility firm Spiro Rwanda is celebrating its second anniversary, marking a significant milestone in its mission to drive sustainable transportation and inclusive economic growth across the country. Since launching in 2023, the company has rapidly scaled its operations, deploying over 1,500 electric motorcycles across Rwandan roads—a figure expected to surpass 2,000 by next month….
Australian Payment Gateway PayDollar Enhances Digital Reach with Upcoming Pi Nexus Integration
In a major advancement that could transform Australia’s digital payments environment, PayDollar a top-tier online payment gateway has revealed plans to integrate with Pi Nexus, a move that underscores the growing acceptance of decentralized digital currencies in mainstream commerce. As Australian enterprises accelerate their shift toward digital solutions and global e-commerce, services like PayDollar are…
Pi Network Projected to Surge in 2025: Here’s Why Experts Are Watching
Pi Network Projected to Surge in 2025: Here’s Why Experts Are Watching Pi Network, a mobile-centric cryptocurrency project that has attracted a massive global following, appears to be on the brink of a major breakthrough. Many analysts and insiders within the community believe that 2025 will be a landmark year for Pi Network, marked by…
Good News! Pi Network: The Only Cryptocurrency Endorsed by Governments Worldwide – The Future of Digital Finance Starts Here
Amid growing uncertainty in the digital asset landscape, one name stands out as a beacon of change: Pi Network. While many cryptocurrencies grapple with regulatory issues, security concerns, and legitimacy challenges, Pi Network is charting a different course. With its focus on legal compliance and real-world usability, Pi Network is poised to become the first…
The Future of Finance Begins with Pi Network
In recent years, the cryptocurrency landscape has experienced a remarkable rise in popularity. Amidst the excitement and volatility, one project stands out: Pi Network. Launched on March 14, 2019, Pi Network presents a more environmentally friendly and inclusive alternative compared to established cryptocurrencies like Bitcoin and Ethereum. Its vision is to democratize digital finance, prioritizing…
