MTN Group accelerates investment into broadband coverage in a challenging macro environment in H1

MTN Group reported a resilient performance in the first half of 2022, balancing an accelerated investment into its networks, reducing the cost to communicate and the delivery of solid financial results. We advanced the delivery of our strategy under challenging conditions, which included macroeconomic and geopolitical volatility, global supply chain disruptions, constrained on-grid power supply

Ghana inflation rises to 31.7% in July, highest since 2003

ACCRA – Ghana’s consumer inflation accelerated to 31.7% annually in July from 29.8% in June, its highest since late 2003, data showed on Wednesday, as the government’s top statistician warned that it was not possible to say whether prices had peaked. The central bank has raised its main lending rate by 550 basis points since November

Ghana Key Market for Emirates Airlines – Country Manager

Emirates, a leading international airlines, has announced plans to expand its Africa operations in order to meet the growing air travel needs of travellers in the region. Currently, the Dubai-based airline, which is a subsidiary of the Emirates Group, owned by the government of Dubai’s Investment Corporation of Dubai, which fly to 150 destinations across

MTN reports earnings jump amid strong customer growth

MTN Group said it balanced an accelerated investment into its networks with the delivery of solid interim financial results for the six-month period ended June 2022. “Notwithstanding the tough macro conditions, MTN remained focused on investing in our markets to increase broadband coverage and to reduce the cost to communicate,” said president and CEO Ralph

Celebrate Jollof rice day at West African restaurants in Phoenix

“Jollof rice is the heart of Africa,” said Patience Ogunbanjo, a Nigerian chef at Lasgidi Cafe in Phoenix. The dish is served throughout West Africa, from Senegal to Nigeria. Every country has its own version that has been influenced by colonization, and each country proclaims theirs is the best.  Jollof rice recipes can be traced back to 19th century Senegal. The

Ghana’s Zeepay Gets Additional $10 Million Debt Funding From Verdant Capital

Ghana- and UK-based fintech company, Zeepay has received a $10 million medium-term debt capital from South Africa’s Verdant Capital. Targeted at supporting Zeepay’s fast-growing remittance to wallet business, the capital forms part of its A.5 series raised recently. Zeepay seeks to go beyond its 2021 milestone, where it processed $1.8 billion in transaction volumes, cross-border

MTN accelerates network investment to R17.1 bn

Mobile operator MTN Group said it accelerated network investment to R17.1 billion and spent an additional R7 billion on securing 4G and 5G spectrum in South Africa and Nigeria.“Notwithstanding the tough macro conditions, MTN remained focused on investing in our markets to increase broadband coverage and to reduce the cost to communicate,” said President and CEO Ralph Mupita.