MEXICO CITY, Sept 13 (Reuters) – Brazilian fintech company Ebanx S.A. on Tuesday said it has expanded into Africa, where it hopes to replicate its fast growth in Latin America by placing a greater emphasis on the digital payments side of its business. The company started operations in Kenya, South Africa and Nigeria in late August amid…
The international community now has an urgent choice to make — one it has so far shied away from. The return of hostilities in the north of Ethiopia last month has devastated the country’s hard-earned progress towards a lasting peace. After almost two years of war and widespread destruction, the fragile hope that communities in…
Nigeria’s electoral commission says it has delisted more than a million newly registered voters after a verification process and ”cleaning up” its voters’ register. Those affected had registered between June last year and January this year in order to acquire permanent voters’ cards (PVCs). The Independent National Electoral Commission (Inec) says during that period 2,523,458…
The World meteorological organization unveiled Tuesday an alarming multi-agency report on climate. The UN chief called for urgent action. The world continues to face climate shocks. A new multi-agency report coordinated by the World Meteorological Organization (WMO), showed Tuesday that greenhouse gas concentrations were rising to record highs. According to the report, urgent action is…
Tension between Mali and Côte d’Ivoire has flared up again after Bamako demanded that Malian politicians in exile in Côte d’Ivoire be handed over to Malian authorities. This in exchange for the release of Ivorian soldiers held in custody since July. Côte d’Ivoire is struggling to understand the change in Mali’s position following a communique from its interim…
The European Bank for Reconstruction Development will help to fund the decommissioning of 5 GW of gas power plants in Egypt. The bank will also pledge up to $1 billion for renewables. Egypt is a natural gas producer which wants to cut down domestic consumption to export to Europe. The European Bank for Reconstruction and…
Brisk business is expected in high-end New York shops as African leaders return for the annual UN General Assembly Summit. Climate change, the energy crisis, and the war in Ukraine are some of the serious issues on the agenda. Delegates under US sanctions can only travel within a 40km radius of the venue of the…
Some of Raila Odinga’s supporters had a long running joke about on-off phone calls they had with their tailors about an order, a special six-piece suit to be exact, for the inauguration, hoping the veteran politician would clinch the elusive presidency this time round. The tailor was given the suit measurements ahead of the polls;…
William Ruto, who is being sworn in as Kenya’s new president on Tuesday, is the country’s first evangelical Christian president and is likely to put religion centre-stage while in office after it played a key role in his election victory. The 55-year-old is not shy of publicly professing his faith and has been vocal on…
Quarrel over debate and anger. On Monday, the 14th assembly of Senegal convened for the first time since the July election. Tension was high and MPs highly strung. Per the agenda, the 165 members of parliament were to elect their president. However, the assembly failed to reach an agreement on electoral process so much so…