Bank of Ghana Clarifies MTN MoMo’s Licensing Status for Cross-Border Transactions
The Bank of Ghana confirmed that MTN MoMo is unauthorized for cross-border transactions with Nigeria. In contrast, Brij Fintech Ghana...
Companies
Lucapa Diamond Company Secures Majority Stake in Lulo Joint Venture in Angola
Lucapa Diamond Company has finalized a mineral investment contract to increase its stake in the Lulo joint venture to 51%....
IHS Announces Plans for 400 New Sites in Brazil by 2025
IHS plans to open 400 new sites in Brazil by 2025, focusing on asset disposals to optimize efficiency. The strategy...
M-PESA Faces Decline As Airtel Money Gains Traction in Kenya
M-PESA is experiencing a decline in market share in Kenya, dropping to 91% as it loses ground to Airtel Money,...
Peru to Seek Consulting Firm for Hydrocarbons Environmental Assessments
Peru plans to engage a consulting firm for environmental assessments in hydrocarbons as part of its commitment to sustainable energy...
CCECC to Invest $1.4 Billion in Tanzania-Zambia Railway Upgrade
The China Civil Engineering Construction Corporation will invest $1.4 billion to upgrade the Tanzania-Zambia railway, enhancing export routes for copper...
Congo Seeks Indonesia’s Support to Stabilize Cobalt Market Amid Oversupply
The Democratic Republic of Congo seeks Indonesia's cooperation to stabilize the cobalt market following a temporary export ban. As cobalt...
U.S. Chamber of Commerce in Argentina Celebrates Approval of IMF Agreement
The U.S. Chamber of Commerce in Argentina has welcomed the recent IMF agreement ratification by the Chamber of Deputies as...
South African Rand Declines Following Central Bank’s Interest Rate Decision
The South African rand weakened as the central bank held the interest rate steady at 7.50%. The rand traded at...
Congo President Proposes Minerals-for-Security Partnership with U.S.
Democratic Republic of Congo President Felix Tshisekedi proposes a minerals-for-security partnership with the U.S. This deal aims to enhance Congo's...
