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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 […]
Libya: ‘ICC-wanted Libyan commander under arrest’ Haftar’s LNA
The Libyan National Army (LNA), headed by Field Marshal Khalifa Haftar, said Thursday it arrested commander Mahmoud al-Werfalli wanted by the International Criminal Court (ICC) for war crimes. The army, which controls most parts of Eastern Libya, also said Haftar ordered Werfalli’s investigation. “We inform you that the defendant in your judicial case, Mahmoud al-Werfalli, […]
BP discovers new gas field in Egypt’s Nile Delta
British multinational oil and gas company, British Petroleum (BP) has announced the discovery of a new gas field in Egypt, in the Nile Delta. The new discovery is located at 16 meters water depth on a new formation-level near current Nidoco NW-1 exploratory well, in Abu Madi West concession, 4 km north from the Nooros […]



