Africa

Staff, merchants exploited card flaws to defraud Ecobank Kenya millions of dollars: Report 

Ecobank Kenya lost millions of dollars between 2020 and 2022 to fraud due to vulnerabilities in its card operations, as per an internal report...

Kenya’s Kopo Kopo appoints Dennis Ondeng as new CEO amid ongoing Moniepoint acquisition 

Kenyan fintech startup Kopo Kopo, known for providing short-term business loans, has announced the appointment of Dennis Ondeng as its new Chief Executive Officer...

Egypt announces $5 billion investment from Saudi Arabia 

Saudi Arabia will pump five billion United States dollars into Egypt as a first phase of investment, the Egyptian cabinet said. Saudi Crown Prince and...

Mozambique to reduce dependence on imported medicines, says president Nyusi

Mozambique is ready to produce medicines for the global market and significantly reduce its dependence on imported medicines, the country has said.  President Filipe Nyusi...

Sudan reports over 9,500 cholera cases, 315 deaths 

Sudan’s Ministry of Health said that 9,533 cases of cholera, including 315 deaths, had been recorded in the country. The ministry said in a statement...

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