ASR launches reinsurer business from Mauritius
(3 minutes read)
· Africa Specialty Risks (ASR) announced launch of a fully capitalized and licensed reinsurer based in Mauritius
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CBN comes with new norms to tame Fintech companies
(3 minutes read)
· The Central Bank of Nigeria has set capital benchmarks for fintech firms ( firms involved financial technology and...
Naira at 6-month low riding on effective devaluation
( 3 minutes read)
· Naira fell to a six-month low at the parallel (black) market yesterday (Tuesday) after the Central Bank...
Mali’s still in political turmoil: military junta claims civilian government violated charter
(4minutes)
· Police vehicles patrolled the streets of Bamako, Mali's capital yesterday (Tuesday) in a show of strength, which also conveyed the...
Vodacom contemplates part sale of M-Pesa stake
Chief executive Shameel Joosub of Vodacom Group disclosed at an investor briefing this week that the company is contemplating selling part of its...
Tanzania joins the East African Community One Network Area
Tanzania has finally joined the East African Community One Network Area, which ensures cheaper calls across the bloc due to harmonised calling rates...
DRC to review Mining contracts
In the light of allegations that Democratic Republic of Congo is likely to lose almost $3.7 billion in shady mining and oil deals...
Biden Administration mulling sanctions on Ethiopia
(4 minutes read)
· The Biden Administration is mulling economic sanctions against Ethiopia, according to some reports appearing in the international media
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Ethiotelecom sets up a new data center
(3 minutes read)
· Ethiotelecom, has inaugurated an advanced modular data center, which entailed a cost of US$3.5 million
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World Bank loan for Senegal
(3 minutes read)
· The World Bank’s Board of Executive Directors approved recently a US$125 million financing to support Senegal to improve...