Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, whereby the partnership will see Africa’s biggest mobile company to strategically leverage the US giant’s technology for its payments and remittance expansion in the continent. By snapping up the minority […]
Morocco has decided to boycott the North African Karate Championship, scheduled to be held in Tunis September 7 to 11. The decision to cancel the participation of Moroccan athletes in the championship was announced by the Royal Moroccan Federation of Karate and associated disciplines in a press release, without giving the reasons behind the decision. […]
Low-cost airline company Ryanair has accused Portuguese authorities of “unlawfully” blocking three new routes to Morocco causing the cancellation of flights for over 3,000 Portuguese passengers on Oct.31. “This is a clear breach of the EU Open Skies Agreement in place with Morocco”, said Ryanair in a press release, noting that the company has operated […]
