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Nigeria achieves 30 percent broadband target

Nigeria has recorded some remarkable improvement in its broad band penetration from 5 percent in 2013 to  31 percent in 2018.The latest statistics was...

Nigeria warned against lifting ban on 41 items

Nigeria ‘s central bank is warning against any attempt to lift ban on the importation of some 41 items into Nigeria.The West African country...

23 Ghanaian banks meet minimum capital requirement

23 out of 34 universal banks in Ghana have successfully met a $83 million (400 million cedis) minimum capital requirement deadline.All banks in Ghana...

Ex-Credit Suisse workers arrested over Mozambique fraud case

Three former Credit Suisse bankers, Andrew Pearse, Surjan Singh and Detelina Subeva have been arrested in London.They are accused of playing a role in a...

Ethiopian migrant returnees linked to jobs via mobile app

Ethiopia is making efforts at providing job opportunities for its citizens that have returned from abroad without jobs.Migrant returnees now have the chance to...

AfDB to borrow $7 billion for investment in Africa

The African Development Bank has revealed its intention to borrow some $7.21 billion from various capital markets this year.The board of the finance institution...

Mozambique’s ex-finance minister arrested in South Africa

A former finance minister of Mozambique, Manuel Chang, has been arrested in South Africa.His arrest according to South African officials was at the request...

Four African Airlines to form an alliance

Four African Airlines have began talks to create an alliance. This is help them mount stiffer competition in the airline industry in Africa.The four...

Vodafone acquires $30 million 4G license in Ghana

Telecommunication firm Vodafone has been granted the green light to operate 4G services to its subscribers in Ghana.This means the firm has joined its...

ECOWAS uncertain about 2020 deadline for single currency

The Economic Community of West Africa (ECOWAS) appears uncertain about it's 2020 deadline for the introduction of a common single currency for the region.ECOWAS...

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