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 […]
Dubai-based Emirates Airline suspended flights to and from Nigeria from October 29 over blocked funds, the airline’s spokesperson has confirmed, Zawya reports. “Emirates has continued to actively seek a solution for the repatriation of the remainder of its blocked funds in Nigeria. We were encouraged by the Central Bank of Nigeria’s efforts of reviewing our […]
Moroccan police announced on Monday the arrest of one of the leaders of the Camorra’s infamous Mazzarella clan, a brutal Italian mafia group. The suspect, 44, was captured in the Ourika region near Marrakech following a red notice issued by Interpol at the request of the Italian judicial authorities, for his involvement in a case […]
