MTN in advanced talks to sell some West African assets

MTN Group is in advanced talks with Axian Group to sell some of its West African markets, according to people familiar with the matter, as Africa’s largest mobile operator trims its portfolio.  The companies are negotiating on prices for MTN’s assets in Liberia, Guinea-Bissau and Guinea-Conakry, said the people, who asked not to be identified

2023 U17 AFCON: Senegal Dispatch South Africa, May Confront Nigeria In Semi-final

By Victor Kanayo  Senegal continued their fiery tale dominance in the ongoing 2023 U17 Africa Cup of Nations with 5-0 whipping of South Africa’s Amajimbos in the first quarter-final clash of the competition taking place in Algeria. The score line is the highest the tournament has so far produced. Organisers and continental football body, CAF, had

History beckons Ndigbo in US – The Sun Nigeria

From Magnus Eze, Enugu The Council of Igbo States in America (CISA) will in August make history as the group stages the 10th edition of its annual Igbo Worldwide Festival of Arts and Culture. This year’s activity is coming at a time the new Ohanaeze Ndigbo leader, Chief Emmanuel Iwuanyanwu has declared his poise to

Japanese investors say they want more business with Africa | African Development Bank

There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa. As a delegation from the African Development Bank Group led by President Dr Akinwumi Adesina visited Japan to showcase the enormous investment opportunities on the continent, the Prime Minister of Japan Fumio Kishida, was leading his

Ending Foreign Insurers’ Domination of Africa – THISDAYLIVE

Insurance, reinsurance and insurance brokerage activities from African countries to overseas insurers have become worrisome to sub regional insurers in particular, Nigeria inclusive. Ebere Nwoji in this report anchors the concerns expressed by West African insurers at the 2023 WAICA Conference held in Lagos. Insurance operators across the West African sub-region and by extension the entire continent are

Togo: in July the Forum on infrastructure projects on the continent

63 The Infra for Africa Forum and the Africa 50 Shareholders meeting will be held on 3 and 4 July in Lomé, Togo. The event, sponsored by the Togolese president Faure Gnassingbe, is scheduled at the Hotel 2 Février in Lomé. Africa50 was established by African governments and the African Development Bank to help close

Zipline’s drones set to fly high in Africa on $330m funding

Zipline designs, manufactures, and deploys drones to deliver blood as well as medical and veterinary products to difficult-to-reach areas. The latest round of funding, raised from unnamed investors, is the Californian company’s sixth (Series F) since it was launched in 2011. Zipline tapped Rwanda in 2016, before setting up more operations in Ghana (2019), Nigeria,