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Africa leads the world in entrepreneurial choice, with 22% of working-age individuals actively pursuing new ventures and African women twice as likely to become entrepreneurs as compared with their global counterparts. In addition, over 75% of young Africans intend to launch their own businesses within the next five years, as reported by a recent survey. Most of these businesses are created in the informal sector, which represents more than 85% of the labor force in sub-Saharan Africa. From bustling markets in Lagos to neighborhood tailors in Abidjan and street vendors in Nairobi, micro-entrepreneurial activities are at the heart of many…

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The price of gold reached a historic high in April and remains close to that value. Conventional investing wisdom puts gold as a “safe-haven” asset – one that investors move towards in times of crises as they desert higher-risk assets such as stocks. But in August, the S&P 500 stock index also hit a record high and, like gold, it too remains close to this value. Historically, those who follow these markets would have expected gold and stock prices to move in opposite directions. This typically produced the “hedging” effect of gold – it would offset losses (and gains) from…

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Hold onto your hats, investors! As the worlds of cryptocurrency and real estate begin to converge in exhilarating ways, Avalon X (AVLX) strides confidently at the forefront of this revolutionary movement. Amid discussions of an impending bull market fueled by high potential returns, the exceptional combination of real estate functionality and blockchain innovation marked by Avalon X is capturing the fascination of astute investors. This exploration reveals why Avalon X might just be the investment opportunity you’ve been waiting for. Grasping Avalon X’s Distinctive Framework Avalon X transcends the confines of a typical cryptocurrency; it’s an audacious utility token designed…

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LaylaBird / iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer Trusted by Millions of Readers Budgets are only as good as your ability to follow them. Some habits can act like frequent budget busters, draining away valuable income and leaving you wondering where all your money went. Consumer finance and shopping…

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Entrepreneurship Essentials provides a range of services aimed at supporting entrepreneurs, startups, and businesses. These services, including consulting, digital marketing, and new venture development, are expertly led by Dr. Greg Watson, a serial entrepreneur and retired professor. Each service offers unique resources such as networking opportunities, personalized coaching, and tailored marketing strategies, ensuring comprehensive support for entrepreneurs at any stage. Learn more about their offerings at the company’s website. Entrepreneurship Essentials has just launched a brand new program aimed at helping future entrepreneurs develop key entrepreneurial skills. Led by Dr. Greg Watson, this initiative focuses on nurturing an entrepreneurial mindset…

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MANILA, Philippines — More Filipinos are into credit, although significant problems still prevent many from getting loans, according to credit reporting agency CIBI Information Inc. Pay Later/Buy Now Pay Later (PL/BNPL) products are seen growing faster than other forms of credit such as mortgages, auto financing, and credit cards. This is attributed to fintech digitization, stronger government initiatives, and improved data submissions to the Credit Information Corporation (CIC).During CIBI’s inaugural industry summit, Metrobank Chief Economist Nicholas Mapa reported a surge in credit demand. CIBI Chief Analytics Officer Harley Chan also noted a rise in tradelines. CIC President and CEO Ben…

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Country steps up crackdown on online scammers, who lure victims using promises of romance to invest in fake cryptocurrency investments.Nigeria has deported 102 foreign nationals, including 60 Chinese and 39 people from the Philippines, who were convicted of “cyber-terrorism and internet fraud”, according to the country’s anticorruption agency.The announcement by Nigeria’s Economic and Financial Crimes Commission (EFCC) on Thursday comes as the country steps up a crackdown on online scam operations, which lured victims through online romances to hand over cash for fake cryptocurrency investments.EFCC spokesman Dele Oyewale later told the AFP news agency that another group of 39 Filipinos,…

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