MTN records blockbuster fintech transactions ahead of spin-off

MTN Group president and CEO Ralph Mupita. MTN Group recorded runaway fintech success in the first half of the year, generating six billion Mobile Money transactions worth over $116.3 billion (R1.8 trillion), setting Africa’s largest telco on a comfortable path as it readies to spin off its financial services business. The Pan-African telco reported its

Carnegie Africa program fellowships hit 583 in nine years

The program, offered through the International Institute of Education, targets African-born scholars working in the United States and Canada, allowing them to work on collaborative research projects, graduate student teaching and mentoring, and on curriculum co-development with universities in select largely English-speaking African countries. The annual program awards scholarships that enable fellows to carry out projects

Nigeria: ‘We Have Taken Arbitration to Other African Countries’

For Alternative Dispute Resolution, Nigeria is fast becoming a hub in Africa; and as Arbitration continues to deepen, Nigeria has actually exported ADR to other African countries, including Ghana, Rwanda, Kenya and others. Mr Olatunde Busari, SAN is one of those who pioneered Arbitration practice in Nigeria in the early 1990s. In a chat with

$425m facility to fund gas midstream projects in Ghana

Hogan Lovells has announced that it has advised Barak Fund and TriLinc on an 8-year $425m facility with Genser Energy Ghana to fund gas midstream projects. The facility will be used to refinance existing debt and finance the next phase of expansion projects including: A 100km natural gas pipeline to Ghana’s second-largest city, KumasiA 200mmscfd

5 African Payroll Startups Trying To Make Employee Payments Better

Most companies in Ghana and Africa most of the time rely on rudimentary means of keeping track and paying their employees. Sometimes its Excel spreadsheets or other means which can sometimes prove inefficient especially when companies grow and add more staff. Keeping track of benefits and even offering early payday to staff can be a

Nana Addo ranked 13th highest-paid president in Africa

A report by Business Insider indicated that Nana Addo has been beaten to the top spot by his Ivorian and Liberian counterparts, Alassane Ouattara and George Weah respectively. According to the BI report, Nana Addo’s annual earnings at US$76,000 – an equivalent of about US$6,300 per month. On the full list, Nana Addo is placed

United States Food Security Assistance to Sub-Saharan Africa

Download logo Secretary Blinken travels to South Africa, the Democratic Republic of the Congo, and Rwanda this week, where the United States has been deploying resources and working in partnership with African governments, institutions, businesses, scientists, and other leaders to prevent hunger and combat the global food security crisis while also addressing the increasing rates