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Bharti Airtel issues statement following judgement
In the Federal High Court of Nigeria, the honorable Justice Shuaib, handed down judgment in the matter between Econet Wireless Ltd (EWL) vs. Bharti Airtel Nigeria Limited. Bharti Airtel has since issued a statement to the media. 30 Jan 2012 13:39
Cross-border telephone remittances increase in Africa
[Anna McGovern] More people in Africa's poorest countries have mobile phones than have bank accounts. That reality is spurring mobile service companies to explore how they can capture a share of the potential banking market by enabling migrants from these countries to transfer funds back home to their families. 24 Jan 2012 11:28


CNBC Africa launches satellite bureau in Gabon
Business news from Gabon scores an opening goal on CNBC Africa with the official opening of the channel's live satellite bureau in Libreville, West Africa, the same week which sees the 2012 Africa Cup of Nations kick off. 24 Jan 2012 10:11
Retail rewind - a year in review 2011
[Zeenat Moorad] The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011. 6 Jan 2012 08:19
Protegent 2012 version released in Nigeria
Providers of data security products, Unistal Systems Pvt. Ltd, has launched the new version of Protegent360 for laptop and desktop users. The company has announced the enhanced security features in the latest edition, which is essential for contemporary needs. The product will be sold by Hallmark Solution Warehouse Ltd in Nigeria. 5 Jan 2012 10:57


Airtel Money re-launches in Ghana
Airtel Ghana, last week, re-launched its mobile money platform, under a new brand name Airtel Money, which has been positioned to provide customers with an efficient alternative to cash transactions and provide millions of Ghanaians with access to banking services for the first time. 19 Dec 2011 08:36
L'Oréal opens new subsidiary in Kenya
At an inauguration ceremony held last week, L'Oréal opened its new subsidiary in Kenya, which will be the hub for expanding the group's activities in East Africa, a region which also includes Uganda, Tanzania, Rwanda, Burundi and Ethiopia. The group's subsidiary in Nigeria opened in September. 12 Dec 2011 12:13
Free trade talks to push Africa into future
In an important process which started three years ago, the first round of negotiations to establish a free trade area (FTA) covering 27 countries in Southern and East Africa will kick off on Thursday, 8 December 2011, in Nairobi. This promises to be an important instrument for the future of trade and industrialisation in Africa. 7 Dec 2011 09:30
Cadbury Nigeria forecasts 60% rise in first-quarter profit
[Vincent Nwanma] Cadbury Nigeria Plc (CADBURY), a manufacturer of drinks and food products, forecast a 60% increase in net income to 339.2 million naira (US$2 million) for the first quarter. 7 Dec 2011 08:07
W.AFRI-TEL to boost business opportunities in Nigeria
W.AFRI-TEL, the West African Telecom Exhibition, which takes place from 8-10 May 2012 at the Eko Hotel fair ground in Lagos, Nigeria, will facilitate business opportunities in the telecom sector, enabling exhibitors to gain access to the Nigerian telecom market that contains over 80 million mobile subscribers. 17 Nov 2011 10:56
MTN-TransferTo partnership well underway
TransferTo and the MTN Group last week announced that the implementation of their International Airtime Transfer (IAT) partnership in MTN operating companies is well underway. 14 Nov 2011 12:15
Consumer Confidence Survey: Economy again top global concern
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy. 9 Nov 2011 09:36
Africa is world's second most connected region by mobile subscriptions
LONDON, UK: Africa has become the second most connected region in the world in terms of mobile subscription count, up from fourth place at the end of 2010, according to new research by Informa Telecoms & Media, and the number of mobile subscriptions in Africa is expected to reach one billion in 2016. 4 Nov 2011 08:28
Kalahari Kenya, Kalahari Nigeria closes down
MIH Internet Holdings Ltd, on Monday 24 October 2011, announced that it has closed down the Kalahari Kenya and Kalahari Nigeria operations with immediate effect, following a strategic review of its investment properties. 26 Oct 2011 11:16

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