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MTN Group has launched 5G networks in Benin and the Republic of Congo, enhancing digital connectivity and promoting financial inclusion. The expansion, which aims to stimulate innovation and economic growth, …
MTN Group Expands 5G Network to Benin and Republic of Congo Read More
Barclays has been fined £40 million by the FCA for failing to disclose arrangements with Qatari investors during its 2008 fundraising efforts, which were deemed ‘reckless’. The bank has decided …
Barclays Fined £40 Million for ‘Reckless’ Fundraising Conduct in 2008 Read More
The IMF reaffirms support for Egypt’s economic reforms, assesses flooding impact in Spain, and notes stabilization in Argentina’s economy, indicating a vital role in managing international financial challenges. The International …
IMF Supports Economic Reforms in Egypt, Assesses Spain Floods, Notes Argentina Stabilization Read More
Congo’s Gecamines has proposed a $1 million bid to block Chinese firm Norinco’s acquisition of Chemaf’s cobalt and copper assets. This situation arises amidst Chemaf’s financial struggles, with debts reaching …
Gecamines Aims to Block Chinese Acquisition of Chemaf Amid Financial Turmoil Read More
A Chinese company has increased its investment in a Peru power distributor, highlighting the ongoing growth of Chinese influence in Latin America’s energy sector. This acquisition reflects a broader trend …
Chinese Firm Expands Investment in Peru’s Power Distribution Sector Read More
The Democratic Republic of Congo is experiencing increased Chinese investment in mining, particularly in the copper and cobalt sectors, with the Tenke Fungurume Mining (TFM) project playing a pivotal role. …
Chinese Investment in Democratic Republic of Congo’s Mining Sector: Opportunities and Challenges Read More
The IMF affirms its commitment to support Egypt amid ongoing reforms, assesses limited economic impact from Spain’s floods, and reports stabilization in Argentina’s economy. Significant financing for Egypt hinges on …
IMF Reaffirms Support for Egypt, Assesses Spain’s Flood Impact, and Monitors Argentina’s Stabilization Efforts Read More
Tanzania has agreed to pay US$27 million to a Canadian mining company to settle an ICSID case regarding revoked mining licenses. This represents the third settlement related to such disputes, …
Tanzania Reaches Settlement in Third Mining Dispute Case Read More
The IMF reaffirms support for Egypt’s economic reforms, assesses damage from floods in Spain, and observes stabilization efforts in Argentina’s economy, which has contracted but is showing signs of recovery. …
IMF Supports Egypt’s Reforms, Assesses Spain Flood Impact, and Monitors Argentina’s Economy Read More
Kenya’s mobile money transactions surged to Sh6.5 trillion in early 2024, marking a 13.2% rise from the previous year. This growth followed Airtel Kenya’s removal of withdrawal restrictions, enhancing user …
Kenya’s Mobile Money Transactions Reach Sh6.5 Trillion in 2024 Read More