South Africa’s MTN posts $279 million annual profit after Nigeria fine saga
MTN Group, Africa’s biggest mobile-network operator by sales, said it returned to profit in 2017 with earnings totaling 3.3 billion rand, or 182 cents per […]
Business
Orange launches Social Venture Prize competition
French telecommunications giant Orange has launched on Thursday competition for the Social Venture Prize to reward African tech startups bearing innovative Information and Communication Technologies […]
Nigeria inks deal with consortiums to renovate oil refineries
Nigeria’s state oil firm NNPC has completed talks with two consortiums to revamp Africa’s biggest crude producer’s rundown refineries. According to Reuters, the two consortiums […]
South African Shoprite eyes Kenya entry
South African retailer giant, Shoprite Holdings, will open seven prime shopping malls in Kenya in the coming months, the firm’s chief executive, Pieter Engelbrecht said. […]
EU-Morocco Fisheries: EU Court Verdict Does Not Undermine Rabat’s Political Legitimacy
The verdict of the European Court of Justice “does not undermine the political legitimacy” of Morocco to sign agreements with the EU, covering the Moroccan […]
Indian telecom operator Airtel shapes Africa exit plan
India’s biggest mobile carrier Bharti Airtel Ltd, which owns telecom assets in 14 African countries, on Wednesday said it is looking at a potential initial […]
Boko Haram leader flees in hijab
The controversial leader of the terrorist Boko Haram group, Abubakar Shekau, has reportedly succeeded to escape as the Nigerian army on Tuesday cleared out a […]
Record Number of Tourists Visit Morocco in 2017
Morocco has attracted in 2017 a record number of international tourists due to the country’s stability, tolerance, very competitive holiday deals, deeply rooted hospitality and […]
Air Senegal to take-off by April – CEO
Senegal will launch its new national airline, Air Senegal SA, by April 2018, the company’s director general, Philippe Bohn announced on Monday. According to Bohn, […]
Newcomers join African Billionaires on Forbes 2018 List
The US Forbes magazine released its annual ranking of global billionaires, showing that 2017 was a record year for the richest personalities on the planet, […]