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Tuesday, July 14, 2020

Business & Finance

France Telecom giant Orange snaps up Liberian mobile operator Cellcom

French telecommunications group Orange said Tuesday it had reached an agreement to buy 100 percent of Cellcom, Liberia's number two mobile operator, for an undisclosed amount. The acquisition "will enable Orange to strengthen its positions in Africa, which is...

Zuma hits back at critics over depreciating South African Rand

President Jacob Zuma is blaming everything from market overreaction to political intrigue in a public relations fightback against criticism that his leadership is undermining South Africa’s economy and denting the popularity of the ruling African National Congress.  In interviews...

No IMF programme needed for Nigeria: Christine Lagarde

Africa's biggest economy Nigeria, battling a revenue shortfall caused by the global oil shock, does not need assistance from the International Monetary Fund, the group's head said on Tuesday. "Let me be very clear: I'm not here nor is...

Somalia housing boom as Mogadishu emerges from ashes of war

Somalia's elegant colonial villas were left in ruins by two decades of street fighting among warlords, and the seaside capital Mogadishu was dubbed the most dangerous city in the world. But now new housing estates are being built amid...

MTN Nigeria allays fears of service disruption over $3.9bn fine

Telecommunications company MTN Nigeria has addressed fears of service disruption following the expiration of a deadline given it by Nigerian regulators to pay a $3.9bn fine. The Nigerian Communications Commission, NCC, had given MTN December 31st to pay the fine,...
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Latest News

US judge denies Hushpuppi bail, his rent costs $10k monthly

Embattled Nigerian Instagram celebrity, Ramon Abbas, known as ‘hushpuppi’ and ‘The Billionaire Gucci Master’ has been denied bail by...
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Mali authorities free detained protest leaders

Authorities in Mali have released a number of opposition leaders in a move to appease a protest movement calling for the resignation of President...

Rwandan UN peacekeeper killed in Central African Republic

A Rwandan United Nations peacekeeper was killed and two others injured in a militia ambush on a convoy in northwest Central African Republic on...

Two Madagascar lawmakers dies from COVID-19

Two Madagascar lawmakers have died of COVID-19 and at least 25 members of parliament and of the senate have been infected with the virus...

Ivory Coast vice president quits, days after PM’s death

Ivory Coast Vice President Daniel Kablan Duncan has resigned, the presidency said on Monday, further unsettling the political outlook days after the sudden death...