IHS Towers Lays Off Over 100 Employees
IHS Towers ($IHS), the world’s fourth-largest independent tower company, has laid off more than 100 employees as it grapples […]
Others
Uber Increases Base Fare by 10% in Kenya
Uber has raised its base fare in Kenya by 10% following a wave of driver strikes, aiming to quell the
MTN Nigeria Completes Liquidation of Visafone
MTN Nigeria has officially liquidated Visafone, marking the end of an era for the country’s last-standing Code Division Multiple Access
Kenya Airways Reports First Profit in a Decade
Kenya Airways (KQ), the East African nation’s flag carrier, has announced its first profit since 2013, marking a significant turnaround
Nigeria’s Inflation Slows
For the first time in 19 months, Nigeria’s inflation rate has shown signs of slowing, signaling that the central bank’s
Jumia Successfully Closes Secondary Share Sale
Ten days after announcing its intention to sell 20 million ordinary shares in a secondary transaction, Jumia Technologies AG (NYSE:
Others
Mobius Motors’ Last-Minute Acquisition
Just one week after announcing its closure, Kenya-based automaker Mobius Motors has accepted an acquisition offer from an undisclosed buyer.
BUSINESS
GTBank’s Website Downtime
In the early hours of Thursday morning, Guaranty Trust Bank (GTBank), one of Nigeria’s leading financial institutions, restored its website
Nigeria’s Telecom Giants Consider Scaling Back Investments
Airtel, MTN Nigeria, and IHS Towers, some of the largest telecom operators in Nigeria, are reevaluating their investment strategies in