Since the Omicron variant was detected, some foreign partners have placed several African countries on a red list, isolating them from international traffic. In response to this "injustice," Nigeria is planning retaliatory measures. Hadi Sirika (pictured), the Nigerian Minister for Aviation, announced on Sunday the Federal government will suspend flights from Britain, Canada, Argentina, and...

The Senegalese telecom regulator announced last week it has imposed fines on the operators in the country for the poor quality of service. SAGA Holding (Free), one of them, opposed this decision. In a note published the day after the penalty was announced, the telecom company raised concerns about the data on which the regulator based its assessment. "After it received the QoS audit pre-report,...

Since Nigeria launched its cryptocurrency, the first in Africa, several experts on the continent believe it could be an alternative to financing the region's economies. However, the International Monetary Fund sees risk and says international regulations need to be implemented. In a blog published last week, IMF analysts drew attention to the risks inherent in crypto-assets and proposed that...

Although various institutions appear to have turned their backs on Mali, the country continues to receive international support to organize transparent and reliable elections. After announcing its inability to meet the initial deadline, Bamako is planning meetings to set a new electoral calendar. Japan has teamed up with the UN Development Program (UNDP) to provide $1.80 million to Mali....

The efforts recently initiated by the Senegalese telecom regulator to ensure that operators offer consumers quality service have not paid off. With the telcos not complying with its measures, the regulator decided to crack down on them. Senegal’s Regulatory Authority for Telecommunications and Posts (Artp) has sanctioned Sonatel, Expresso, and SAGA Holding (Free) for the poor quality of...

Longer drought episodes and other climate disasters are worrying authorities in Cabo Verde. To limit the risk, they have initiated measures to increase the share of renewable energy in the country’s energy mix. The government reported that three consecutive years of drought have already affected 37% of the population. The World Bank announced an investment of $7 million to increase Cabo...

Leader in money transfer with a network of 160 own branches and thousands of sub-agents, FLASH is the largest financial messaging network in the Democratic Republic of Congo and the Republic of Congo, more than 3 million customers trust us in the Central African region. Thanks to its aggregation platform, Flash has been able to integrate more than 25 financial and value-added services. The last...

 The African Development Bank received a first place “Gold Stevie” at the 18th Annual International Business Awards virtual event, in recognition of the institution’s digital campaign showcasing its Technologies for African Agricultural Transformation (TAAT) initiative. The International Business Awards honored the Bank in the Best Video – Documentary category during an online...

The World Health Organization reported last September that only 15 African countries had reached the 10% vaccination threshold against Covid-19. A month after, the UN agency estimated that only five countries would reach 40% by the end of 2021. South African telecommunications group MTN says it will make Covid-19 vaccination mandatory for its employees in all markets where it operates. As of...

Several insurance companies in South Africa reported they will charge higher premiums to customers seeking life insurance coverage if they do not provide proof of vaccination.  George Kolbe, Head of Life Insurance Marketing at Momentum, told Moneyweb that his company already requires new customers seeking life coverage to do so. “Old Mutual will consider new customers’ vaccination...