The Emirates 2017 Children’s Day Party

Fitch Ratings has affirmed telecom infrastructure group, Helios Towers Nigeria Limited's (HTN) Long term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. HTN's rating reflects the political and macro-economic uncertainty of the Nigerian market (Nigeria, rated 'BB-'/Negative) as well as the company's revenue visibility and strong growth prospects.

Africa's biggest mobile operator MTN, which is grappling with an eight-week strike at its South African operations, plans to cut hundreds of jobs, a local newspaper said on Monday. Citing unnamed sources close to the company, the Business Report newspaper said MTN would go through with layoffs as the strike had shown the company could do without some of its workforce.

Writing in his latest annual “Gates Notes” letter, Microsoft Founder and Philanthropist, Bill Gates highlighted the digital banking sector and observed that smartphones and mobile technology would define banking in Africa, especially in those communities where the cost of banking and a lack of infrastructure remain major barriers to entry.

In line with our expectation, the domestic equities market...

Hunger and malnutrition are pervasive problems that affect millions...

The MPC concluded its third seating for the year with all policy rates left unchanged save the Cash Reserve Requirement (CRR) which was harmonized to 31.0%. This was in contrast to the previous 20.0% on private sector deposit and 75.0% public sector deposit (35.0% effective rate as at February 2015). We expect the equities market to react positively to this, given its implied impact on interest income of banking tickers going forward.

African governments can turn trade barriers into accelerators that...

    The Abia State Government says a thriving entrepreneurship industry...