Bolt says it will invest €500m in Africa in the next two years

Mobility app Bolt says it will invest €500-million in its African operations over the next two years.  The funds will be used to expand the company’s services in Africa and to create opportunities for more than 300 000 new drivers and couriers to join the platform in 2023.  Following its launch in South Africa in

Economic diplomacy versus the cost of doing business in Africa

Just over 20 years ago, MTN completed one of its most ambitious projects in Nigeria when it installed a high-capacity digital microwave transmission backbone in January 2003. The infrastructure project – a first in Nigeria and spanning over 3 400km – reflected the extraordinary commitment that MTN had made to the continent as part of

DP World inks deal to boost Greater Caspian Region-Africa trade

Dubai’s DP World has signed a cooperation agreement with Caspian Containers Company (CCCSA) to help digitise trade across the Greater Caspian Region and parts of Africa. Through the implementation of DP World’s SeaRates, cargo owners will be able to compare quotes from multiple providers and decide on optimal routes accordingly. SeaRates is a digital platform

The ups and downs of sports betting in Africa 

Africa has registered a surge in sports betting recently, with numerous users engaging in various types of wagers on sporting events. Despite quite a few betting shops being available in several African countries, most punters turn to online bookmakers for the multitude of advantages they bring.  However, despite being seen as the continent with the

AFRO-COLOMBIANS AND THE AFRICAN UNION – THISDAYLIVE

The African Union should canvass the termination of practices which humiliate and exploit Black peoples everywhere on the globe, writes Okello Oculi A former guerrilla war leader, Gustavo Petro, was elected president of Colombia in a second-round voting results announced on Sunday 19th June, 2022. Although his war record had been softened by a past record

Fitch lowers Ghana to ‘restricted default’ after coupon payment missed

Feb 21 (Reuters) – Ratings agency Fitch on Tuesday downgraded Ghana’s long-term foreign-currency issuer default rating to ‘restricted default’, after the country missed the grace period to make a coupon payment on one of its Eurobonds. Ghana on Friday missed making the $40.6 million coupon payment on its $1 billion 2026 Eurobond, as part of