Morocco creates mobile money service “m-wallet”
19/11/2018Moroccans can now use their mobile phones to send or receive money and pay for services. The project, elaborated since 2017 and led by the central bank, Bank Al-Maghrib (BAM).
Author: Akin Alabi - Contributor
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Business & Economy
MTN goes for mobile banking licence
19/11/2018MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year. Nigeria announced last month that it would allow telecom companies.
Business & Economy
World Bank Group launches L’Afrique Excelle to support Francophone Africa’s top tech entrepreneurs
19/11/2018The World Bank Group has announced L’Afrique Excelle, a six-month business acceleration program designed to support the 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will.
Business & Economy
Huawei Cloud launches in South Africa
19/11/2018Huawei Cloud, the cloud-computing services of Huawei, has unveiled a new region in South Africa, making the company the world’s first cloud service provider that operates a local data center.
Business & Economy
Rwanda, World Bank sign $125 million deal to support expansion of electricity
19/11/2018The government of Rwanda and World Bank have signed a $ 125 million Development Policy Operation (DPO) credit agreement to support a fiscally sustainable expansion of electricity services in Rwanda..
Business & Economy
AfDB approves $40m equity investment in Africa Infrastructure Investment Fund
19/11/2018The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund managed.
Business & Economy
President Sheikh Khalifa offers congratulations to Morocco on Independence Day
19/11/2018President Sheikh Khalifa bin Zayed sent congratulations to King Mohammed VI of Morocco on the country’s Independence Day on Sunday. Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler.
Business & Economy
Kenya welcomes appointment of Seychelles leader as AU champion for Blue Economy
19/11/2018Kenya has welcomed the appointment of Seychelles President Danny Faure as the African Union champion for the Blue Economy. Faure was appointed during the just concluded 11th Extraordinary Session of.
Business & Economy
Nigeria, Germany partner to address power shortages
19/11/2018An indigenous Solar energy firm, Econsultants Limited partners two German firms, Eclareon GMBH, Ideas Into Energy GMBH and the German Federal Ministry of Foreign Affairs to address epileptic power supply,.
Business & Economy
U.S., Japan, NZ, Australia to bring electricity to most of Papua New Guinea
19/11/2018The U.S., Japan, New Zealand and Australia said they’ll bring electricity to 70 percent of Papua New Guinea’s people by 2030, boosting the West’s response to growing Chinese influence in.