News Central Africa

Wed,04Mar2015

Central Africa

Africa's electronic transactions grow as card services join mobile market

Photo©ReutersElectronic payment service companies, Visa and MasterCard have launched card services aimed at Africa's growing mobile payment industry.

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Banking: Barclays eyes Nigeria licence as it reports higher full year earnings in Africa

Barclays Africa Group has applied for a Nigerian banking licence and wants to take over the Egypt and Zimbabwe units still ran by its parent company, it said on Tuesday after reporting higher profits.

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People are at the heart of China-Africa engagement

While the state-level connections – trade, investment, bilateral agreements and loans – continue to claim most of the headlines, it is worth remembering that these connections are peopled, says Yoon Jung Park, Convener-coordinator at the Chinese in Africa/Africans in China Research Network.

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Africa's emigrants turn eastward

File Photo©ReutersHigher economic growth does not mean that people will stay put, and many Africans in search of opportunities now head to Asia.

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Brutal LRA rebel group in crisis

There have been key defections with commanders like Dominic Ongwen surrendering to authoritiesThe reign of terror by Uganda's once brutal rebel group, the Lord's Resistance Army (LRA), could be drawing towards an end after it suffered mass desertions, a leading rights group has said.

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CAR on the brink of a failed state

CAR is still struggling to recover from the 2013 coup that ousted President Francois Bozize. File photo©ReutersThe Central African Republic (CAR) is fast becoming a failed State as the government struggles to curtail surging violence that has forced tens of thousands to flee killings, rape and pillaging by militias, a recent report indicates.

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