Morocco’s third largest telecoms operator, Inwi, is suing market leader Maroc Telecom over unfair competition claiming $620 million in payment. Inwi accuses Maroc Telecom of holding 60% of Morocco’s telecoms market, saying that such a share is against the law, which states that companies should not exceed 40%. Kuwait’s Zain and Kuwaiti Investment Authority’s Al […]
Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]
The US military has claimed to have eliminated a leader of the Somali jihadist group of Al-Shabab who is reportedly linked to the attack perpetrated last January against the American military base at Manda Bay in Kenya and which killed three American soldiers. The United States Command for Africa (Africom) said in a statement […]
