Telecom Egypt, Vodafone Egypt, Orange Egypt, and Etisalat Misr have obtained new telecom frequency spectra following the tender launched in October 2020 by the National Telecommunications Regulatory Authority (NTRA). According to dailynewsegypt.com, the new frequencies are granted in the 2600 MHz band reserved for broadband. The tender, which was held in two phases, saw in its first phase the...

The Kenyan government announced that e-visa will be available from January 1, 2021. The reform aims to ease the processing and issuance of visas to foreigners entering the territory. “We wish to inform you that 100% e-visa will be effected from January 1, 2021. Therefore all passengers from countries that require e-visa to enter Kenya shall be required to apply and obtain it before boarding an...

Afreximbank joins the International Islamic Trade Finance Corporation (ITFC) and the Arab Bank of Economic Development in Africa (BADEA) to launch the Collaborative covid-19 Pandemic Response Facility (Coprefa). This $1.5 billion facility is designed to ease access to financing for businesses operating in the health and agricultural sectors across the continent. It will finance the import of...

The National Communications Institute of Mozambique (INCM) says it is planning new sanctions against non-registered subscribers. According to these new measures, subscribers who are not yet registered have until tomorrow, November 6, to comply or their mobile number will simply be deactivated. Such measures were already deployed three years ago to clean up the telecom subscriber base in the...

The African Development Bank has signed a grant agreement with the Ministry of ICT and Innovation in Rwanda to support the Rwanda Coding Academy, set up to develop top technology talent to drive a booming, innovation-driven digital economy in the East African nation. The Rwanda Coding Academy was set up as a proof-of-concept model school for developing ICT and other 21st century skills for high...

BringCom Incorporated, a leading connectivity solution provider in Africa, announces the signing of a new partnership and interconnection agreement with Ethio Telecom, the Ethiopian incumbent operator. Through this collaboration, BringCom will be able to complement and enhance its existing pan-African MPLS (Multiprotocol Label Switching) network to provide high-quality telecom services to its...

The South African government says it will unlock R1 trillion (about $62 billion) for infrastructure projects over the next four years. The announcement was made yesterday by President Ramaphosa during a conference on the sidelines of the South Africa Infrastructure Project. The planned programs will revive the gloomy economy which is expected to further decline by at least 8% this year. The...

Bolloré Africa Logistics Côte d'Ivoire plans to distribute a gross dividend of CFA5.4 billion to its shareholders for the fiscal year 2019. This proposal is one of the resolutions that will be submitted to the vote of shareholders at the General Meeting scheduled for November 17, 2020. And since a single group (Bolloré) directly and indirectly controls more than 70% of the company's capital,...

The Board of Directors of the African Development Bank Group and the Africa Investment Forum (AIF) founding partners have approved the postponement of the 2020 Africa Investment Forum to 2021, due to the ongoing COVID-19 pandemic. The annual three-day investment marketplace was initially scheduled for November 2020 in Johannesburg, South Africa. The decision follows a careful evaluation of the...

The International Monetary Fund expects Morocco's GDP to decline by 6 to 7% this year. In a statement issued on November 2, the institution attributed the situation to the combined effects of the covid-19 pandemic and the drought. While the unemployment rate is expected to rise by the end of this year, the budget and external deficits are expected to widen, due to lower tax revenues and lower...