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).
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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.
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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.
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Why Sustainable Development may remain a mirage in Africa – Biola Alabi
19/11/2018Biola Alabi, one of Africa’s leading entrepreneur, media executive, and founder Biola Alabi Media, has said that for the continent to experience meaningful and sustainable progress across all sectors of.
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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.
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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..
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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.
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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.
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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.
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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,.
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