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Ancient community banking enters digital age in Cameroon
Ancient community banking enters digital age in Cameroon
Economy
by  AFP

Joseph Ngono's face lights up with a smile as he looks at his smartphone, where a payment worth $830 has just appeared in his digital wallet. Shunned by banks, many people in Cameroon turn to their communities for help in the form of tontines, such as the one Ngono uses via the smartphone app Djangui.

Unemployed Afghans risk death and debt in hunt for gold
Unemployed Afghans risk death and debt in hunt for gold
Economy
by  AFP

Tearing off a piece of mouldy flatbread, Homayon gulped tea in a brief reprieve from the din of the machines he and a dozen other men were using to dig for gold on a mountainside in northeastern Afghanistan. Despite the risks, the men continue digging.

Watchdogs probe 'technical' failure on Boeing-made LATAM plane
Watchdogs probe 'technical' failure on Boeing-made LATAM plane
Economy
by  AFP

Airline watchdogs were on Tuesday investigating why a Boeing-made LATAM plane bound for New Zealand suddenly lost altitude mid-flight, dropping violently and injuring dozens of terrified travellers. Data from airline tracker FlightAware showed the plane began losing altitude about two hours into the three-hour flight.

Most Asian markets push higher as US inflation data looms
Most Asian markets push higher as US inflation data looms
Economy
by  AFP

Asian markets mostly rose Tuesday following the previous day's sell-off, with focus on the release of US inflation data that could play a key role in the Federal Reserve's decision-making on cutting interest rates. The prospect of US interest rates coming down this year has played a role in pushing bitcoin to new record highs, with the cryptocurrency peaking at $72,880.

Musk says will 'open source' Grok chatbot
Musk says will 'open source' Grok chatbot
Technology
by  AFP

Elon Musk on Monday said he would make his Grok chatbot, a rival to ChatGPT, open source as his feud with OpenAI deepens. "This week, @xAI will open source Grok," Musk said in a post on X, entering one of Silicon Valley's burning philosophical debates on the future of artificial intelligence.

Airbnb bans security cameras inside guest homes
Airbnb bans security cameras inside guest homes
Technology
by  AFP

Airbnb on Monday said it is banning security cameras inside guest homes so as to prioritize privacy. "Airbnb is banning the use of indoor security cameras in listings globally as part of efforts to simplify our policy on security cameras and other devices and to continue to prioritize the privacy of our community," the San Francisco-based company said in a blog post.