Posts Tagged ‘Africa’

African Countries Step up Screening amid China’s Coronavirus Outbreak

by Ikokwu Ikembaon January 23, 2020
A number of African countries have introduced airport screenings and other precautionary measures to prevent the spread of coronavirus that has infected hundreds in China. The disease has also reached several other countries. China has been expanding its influence in Africa for years and the continent is a destination for Chinese business people and tourists […]

New West Africa currency not feasible in 2020 ~ Zainab Ahmed

by Ikokwu Ikembaon December 9, 2019
Nigeria’s finance minister, Zainab Ahmed, has said that the single currency regime for West Africa Countries might not kick off next year as expected because many countries are yet to meet the criteria for the monetary alliance. Speaking at a meeting of the ECOWAS ministers of finance and governors of central banks on the currency […]

African fintech OPay raises $120m

by Ikokwu Ikembaon November 19, 2019
OPay, the startup behind one of Nigeria’s leading mobile payments services, has raised $120 million in a Series B funding round joined by a host of Chinese investors. The round – which comes on the heels of a $50 million round in June – was joined by Meituan-Dianping, DragonBall Capital, GaoRong Capital, Source Code Capital, […]