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African Union chief joins regional leaders from the Economic Community of West African States (ECOWAS) in condemning the removal of military leader Paul-Henri Sandaogo Damiba in a coup – the second in less than a year — as the United Nations has voiced concern about the situation in the country and the European Union denounced […]
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 […]
Fathi Bashagha’s administration approves $20-bn draft budget
The cabinet of Fathi Bashagha; one of Libya’s current two Prime Ministers, has approved a draft budget of nearly 95 billion Libyan dinars ($20 billion) for 2022. “The draft budget for the fiscal year 2022 was presented, discussed, and delivered during a meeting chaired by Prime Minister Fathi Bashagha on Thursday,” Minister of planning and […]



