europe-arrival-migrants

Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco

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 […]

U.S. issues alert for citizens in Kenya over possible terror attack

The United States Thursday warned its citizens in Kenya of possible terror attack in Nairobi County. The US embassy in capital Nairobi said that terrorist groups could stage an attack with little or no warning, targeting areas with many people. The alert indicates that high traffic areas frequented by foreigners and tourists in Nairobi and […]

Massive cocaine seizure in Guinea-Bissau highlights West Africa’s drug trafficking woes

In a significant blow to international drug trafficking, police in Guinea-Bissau have seized 2.6 tons of cocaine from a plane arriving from Venezuela. The operation, conducted at Bissau’s Osvaldo Vieira International Airport, resulted in the arrest of five crew members from various Latin American countries. This large-scale seizure underscores West Africa’s growing role as a […]