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Nigerian fintech startup raises $120M from Chinese investors
Nigerian-based fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Founded by consumer internet company Opera, OPay will use the funds to scale up in Nigeria and expand its payments product to Kenya, Ghana and South Africa, the company said in a statement. Incubated by Norwegian-based consumer internet outfit […]
Alstom Invests €10.5 million in Morocco over two years
Alstom is investing €10.5 million in Morocco to build a new production line and develop capability in the country to manufacture on board transformers. It will be the second production line at Alstom’s facility in Fez, which currently produces harnesses and electrical cabinets for rail and take up about 13,000 m2 of the facility and […]
World Bank Wants to Help New Libya
World Bank Vice President for the North Africa & the Middle East, Mrs. Inger Andersen, has paid lately a three-day visit to Libya carrying a message of hope and support to the efforts made by the new Libyan authorities to build a new democratic State. During her visit, first of its kind since the fall […]



