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January 20, 2020

The Financial Market Council (CMF) has just granted its approval to Carthage Cement (a confiscated company) to increase its capital from 172 million dinars (MTND) to 395 MTND by issuing new shares, said the Tunis Stock Exchange.

The Extraordinary General Meeting of Carthage Cement held on October 11, 2019, accepted the decision to increase the company’s capital by 223,774,733, at an issue price of TND 1.200 per share (i.e. a nominal value of TND"...

 

9mobile Launches AI Personal Digital Customer Assistant
January 23, 2020

9mobile has reaffirmed its commitment to a superior experience for its customers with the launch of ‘Enin’, a personal digital customer assistant on the 9mobile network.

‘Enin’, an Artificial Intelligence (AI)-enabled chatbot solution, is the first-of-its-kind by any Nigerian telco which provides virtual assistance"...

 
 
Collaborating against Human Trafficking
January 23, 2020
Ugo Aliogo examines the activities of the National Agency for the Prohibition of Trafficking in Persons According to a report, Nigeria remains a source, transit and destination country in the illicit trade of human trafficking. The Global Slavery Index (2018) report, Nigeria ranks 32 out of167 of the countries with the highest number of slaves – 1,386,000. Also, the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) reports that the average age of trafficked children in Nigeria, now upgraded to a tier 2 country on the US State Department’s Trafficking in Persons Report (2019), is 15. NAPTIP in the report contends that 75 per cent of those who are trafficked within Nigeria are trafficked......
 
 
UK’s £320m Aid Will Boost Africa’s Economic Growth’ 0 .3
January 23, 2020

The EFInA has welcomed the additional funding commitment from UK Aid, part of a £320 million package that will initiate an ambitious new phase of financial sector development across the African continent.

Announced at the UK-Africa Investment Summit in London, the package includes additional funding for nine existing Financial"...

 
January 23, 2020

Shareholders of Dangote Cement Plc yesterday unanimously approved the proposal of the company to buy back 10 per cent of its shares. In line with its corporate strategy to improve its return on equity and shareholder value, the board of Dangote Cement Plc proposed the share buy-back programme that would allow for the purchase of 1.70 billion shares out of the 17.04 billion fully paid up ordinary shares of 50 kobo each.

At the extra-ordinary general"...

 
 
January 23, 2020

(TAP) - The World Bank and the United Nations Development Programme (UNDP) launched the Economic Policy Dialogue (EDP) on Wednesday in Tunis.

'The initiative consists in organising monthly meetings bringing together national and international actors in Tunis and in the regions to share views with representatives of the public and private sectors, the academic and business opportunities and also with international development experts, World Bank"...

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