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MTN South Africa to launch high-speed LTE services

MTN South Africa could launch commercial LTE (Long Term Evolution) services, marketed as 4G LTE - a standard for wireless communication of high-speed data

MasterCard to strengthen microfinance firms in sub-Saharan Africa

In its bid to further reduce poverty rate, MasterCard Foundation and The SEEP Network have signed a four-year partnership agreements worth US$7.6 million

Improved telecom links lower connectivity cost in Tanzania

The arrival of new submarine telecommunications cables in 2009, paired with government investment in the national telecommunications backbone, has spurred 

NDIC to ensure prompt payment to failed bank depositors in Nigeria

The Nigeria Deposit Insurance Corporation (NDIC) said it has commenced on site visits to selected agent banks across the country, to assess their level of compliance 

Mali inaugurates new gold mine

Mali on Monday inaugurated a new gold mine at Gounkoto, in the prefecture of Kenieba in the southeast of the country

Nigerian bourse market operators in London for business expo

The management of the Nigerian Stock Exchange is leading 15 companies and market operators at the ongoing African and Caribbean 2012 Business Expo taking place 

Business group wants intervention fund to be increase

One of Nigeria's umbrella business and manufacturing groups has urged the federal government to increase its intervention fund for re-financing the manufacturing

Moroccan mining company to double gold production in Gabon

Moroccan gold mining company Managem will double its gold production from 50 to 100 kg per month in Jan. 2013, the Gabonese presidency said in a statement.

Tanzanian govt clips trading wings of Indian mobile services firm

Tanzania has censured an Indian cell phone services provider for operating in the African country without a trading licence.

Zimbabwe increases bank capital threshold

Zimbabwe's central bank Wednesday increased the capital requirement for banks by 900 percent

EU grants Senegal FCFA 9.2b for poverty reduction

The European Union (EU) Tuesday granted Senegal around FCFA 9.2 billion (US$18.4 million) to help the West African country alleviate poverty.

‘Only 6% of industrialists access Nigerian intervention funds’

Only six per cent of industrialists in Nigeria has been able to access the various intervention funds created by the Central Bank of Nigeria (CBN), according to a survey 
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