Kenya joined South Africa last week showing its support to China’s telecom company Huawei regardless of the US-China trade war. This was revealed by the telecom minister, Joseph Mucheru.
“Our policies are not driven by US policies as far as technology is concerned […]. We pick what is best for us. We are not going to be tied to what other people say, but we are going to make sure we get value for money for our citizens,” he said.
As a reminder, the Chinese company is currently the leader of 5G, but considered by the United States and its allies as a threat to the security of digital networks and systems.
Adam Lane, Huawei’s senior director for public affairs in Kenya, said the restrictions imposed by the US would not affect its business in Africa. “We will continue working with suppliers around the world and diversifying our supply chain to prepare for all scenarios,” he said.
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...