LATEST MAGAZINE

Uber has announced the launch of Uber Bus in Egypt, a day after its Middle East rival Careem announced plans for a bus-booking app and services in Cairo. Uber’s new minibus service will bring robust and competitive transport system to the most populous Arab nation and the company’s fastest-growing regional…

The World Bank expects slightly less than 2 per cent growth in the Nigerian economy this year, driven mainly by the non-oil industry and sector services, as the approach of the elections keeps foreign investors away. Nigeria emerged from a recession last year, but growth remains fragile as the government…

The MTN group is likely to lose more senior executives over the coming months, according to sources familiar with the matter, just as the company, the largest mobile operator on the African continent, continues to fight for $10.134 billion allegation which is a combination of $2 billion of unpaid tax…

A court in Milan is investigating allegations of corruption against Eni and Shell in a controversial oil deal that has resulted in the loss of about $ 6 billion from Nigeria. The Global Witness campaign group calculated that the 2011 OPL 245 agreement deprived Nigeria of twice its annual budget…

Africa’s largest cellular operator, MTN is staging a new attempt at giving emerging markets a cheap smartphone – costing about $25. The mobile phone which was designed in partnership with China Mobile, chipmaker Unisoc and feature phone operating system KaiOS, is dubbed “the world’s first 3G smart feature phone.” MTN CEO,…