MTN has collaborated with Africa’s Ecobank Transnational Incorporated (ETI), a move that aims to leverage each other’s assets to provide more services to their customers across Africa
Finance
MENA fintech sector to attract US$2.5bn in deals by 2022, study finds
Banks are currently acquiring, partnering and also sponsoring fintech companies. (Image source: Laymanzoom/Adobe Stock)
The current MENA fintech market is estimated at US$2bn and expected to witness an annual growth of US$125mn until 2022, according to MENA Research Partners (MRP), who added that increasingly compelling business models of fintech are expected to drive the market growth further
IMF reaches staff-level agreement on Côte d’Ivoire’s debt facilities
![IMF says Côte d’Ivoire’s performance under the lender-supported program was satisfactory in 2017. (Image source: jen dubin/Flickr)](/images/IMF.jpg)
IMF says Côte d’Ivoire’s performance under the lender-supported program was satisfactory in 2017. (Image source: jen dubin/Flickr)
The IMF said it reached an agreement on the third review of Côte d’Ivoires debt facilities and that the country’s performance under the lender-supported program was satisfactory in 2017
Moody's maintains negative outlook as Cape Town's water crisis looms
![Cape Town has directed citizens to use 50 litres of water or less per day amid the water crisis. (Image source: Zaian/Wikimedia Commons)](/images/Cape_Town_Dam.jpg)
Cape Town has directed citizens to use 50 litres of water or less per day amid the water crisis. (Image source: Zaian/Wikimedia Commons)
Moodys maintained its negative outlook on the City of Cape Town, which is battling a severe water shortage
Freedom House hopes for peaceful power transfer in Botswana
US-based NGO Freedom House said it hoped Botswanas incoming President Mokgweetsi Masisi would lead a peaceful power transfer after Ian Khamas two consecutive terms in power