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COVID19: Tunisian Bike Taxi Startup IntiGo Pivots Temporarily to Delivery Services

COVID19: Tunisian Bike Taxi Startup IntiGo Pivots to Delivery Services

According to reports, Tunisian bike-taxi startup, IntiGo, has temporarily pivoted to offer different types of delivery services to consumers and businesses because of the COVID19 pandemic. The startup that had raised $300,000 last month has completely suspended the ride-hailing service during the daytime as it saw the demand drop enormously, […]

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Endeavour to Acquire Semafo Creating the Biggest Gold Miner in Burkina Faso

Endeavour to Acquire Semafo Creating Burkina Faso’s Biggest Gold Miner

Endeavour Mining has said that it will acquire Semafo, a Canadian-based mining company with gold production and exploration activities in West Africa, in a $690.7 million deal. This creates the biggest gold producer in Burkina Faso, increasing its focus on the country despite rising insecurity. The combined group will produce […]

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Bank of Ghana to Penalise Banks and SDIs that Flout Liquidity Capital Rules

Bank of Ghana to Penalise Banks and SDIs that Flout Liquidity Capital Rules

According to the central bank of Ghana, it will monitor the financial dealings of banks and Special Deposit-Taking Institutions (SDIs) weekly to ensure full compliance with the new directives. In a statement released by the bank, a raft of measures aimed to contain the economic impact of the COVID-19 on […]

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Coronavirus: Nigeria Records 3 Chloroquine Poisoning Cases

Coronavirus: Nigeria Records 3 Chloroquine Poisoning Cases

US President Donald Trump claimed last week that the Food and Drug Administration had approved the “very powerful” drug chloroquine to treat coronavirus The Lagos State Health Ministry issued a brief statement saying there was no “hard evidence that chloroquine is effective in the prevention or management of coronavirus infection.” Chloroquine is used to treat […]

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