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Cameroon: dozens dead and injured in attack by Anglophone separatists

At least twenty people, including women and children, have been killed and another ten injured in a dawn raid on a village by Anglophone separatists in western Cameroon, where these rebels and the army have been fighting each other for seven years. The English-speaking gunmen attacked a village in a neighborhood in the town of […]

MasterCard, Copal ink partnership agreement to launch family payments mobile app in Egypt

MasterCard has inked a partnership agreement with Copal to launch Egypt’s first family digital payment and expenses management mobile application, Arab Finance reports, citing a press release. The app aims to spread E-banking services by integrating youth into the banking system and the formal economy in a way that achieve Egypt’s financial inclusion goals, the […]

China’s Addax exits four Nigerian oil blocks as NNPCL inks asset transfer agreement

Sinopec’s Addax Petroleum Development (Nigeria) Ltd has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company (NNPC) Ltd on Tuesday (1 October) signed a Memorandum of Understanding (MoU) on the Transfer, Settlement and Exit Agreement (TSEA). Addax began operations in Nigeria in 1998 by signing Production Sharing Contracts (PSCs) with […]