Africa Top News

MTN And Vodacom Looking To Settle Spectrum Dispute To Avoid Lengthy Court War

South African telecommunication companies are trying to settle a wireless spectrum auction dispute with the industry regulator out of court to avoid a prolonged...

NIGERIA NAIRA HITS RECORD LOW OF 530 NAIRA TO 1 USD

Naira, Nigeria’s legal tender on Thursday fell to N530 per dollar on the parallel market also known as the black market. The depreciation of...

ETHIOPIAN AIRLINE AIMING TO FLY 737 MAX JET BY JANUARY AFTER BOEING DEAL

Ethiopian Airlines Group plans to resume flights with the Boeing Co. 737 Max jet by early next year after reaching an out-of-court settlement with the U.S. plane...

Facebook Extends Marketplace Initiatives To 37 Sub Saharan Africa Countries

Facebook has extended its marketplace initiatives to 37 countries and territories in sub-Saharan Africa. Already available in South Africa, Ethiopia, Kenya and Nigeria, the...

Nigeria Gets Reserves Liquidity Support Boost With IMF’s $650bn

The International Monetary Fund (IMF) has announced the take-off of its $650 billion set aside under its special drawing right (SDR) to provide liquidity...

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