
Jumia Technologies AG shares sank more than 20% in Thursday trading after Citron Research’s Andrew Left, a noted short seller, alleged in a report that it has the “smoking gun” that shows why Jumia equity is “worthless.” “In 18 years of publishing, Citron has never seen such an obvious fraud as Jumia,” the report said. […]
May 15 2019 | Posted in
Business |
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You can now hail a motorcycle service in the Somali capital, Mogadishu. The Go! app launched in the Indian Ocean city today (May 1) promising affordable and convenient options in the city’s bustling transport sector. The e-hailing service is starting out with 20 motorcycles, allowing customers to order their rides online or hail them on […]
May 15 2019 | Posted in
Business |
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by Kofi Ayim Ethiopian Airlines, one of the fastest-growing airlines in the world, continues to expand in leaps and bounds. As part of its expansion, it has announced a thrice-weekly service from New-York (JFK) to Addis Ababa (ADD) via Abidjan (ABJ). The maiden service on this route begins on June 17, 2019. The new route […]
May 15 2019 | Posted in
Community News |
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by Kofi Ayim Ghana ports have been a headache for shippers. Open and clandestine shenanigans of bribery, corruption, and thievery have become a staple. Now, the government has come out with an App that not only tracks consignment, but calculate port duties expected to be paid. The Vice-President of the Republic of Ghana, Alhaji Dr. […]
May 13 2019 | Posted in
top stories |
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Tanzania wants to facilitate trips to the top of Mountain Kilimanjaro in style. It is aggressively considering a cable car that will lift people who want to see the mountain top without sweating it out. The project is expected to boost tourism. Tanzania wants to boost tourist numbers by putting a cable car on Mount […]
May 13 2019 | Posted in
top stories |
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by Kofi Ayim Historically, developed civilizations and nations have been built through migrants. Ancient Egypt was great built by migrants. Western Europe was built mainly by migrants from Africa and other places. The U. S. is the most powerful nation in the world because of collective mosaic of immigrant talents. Any nation that attempts to […]
May 13 2019 | Posted in
top stories |
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Prior to the demise of the ignoble apartheid regime in South Africa, African countries led the fight by any means possible to free their fellow Africans from the white-minority rule. Now, African migrants in South Africa are being lynched by some South Africans for allegedly taking over their jobs. Xenophobia, the practice of hating anything […]
May 13 2019 | Posted in
Editorial |
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Located at the mouth of the red sea, sits along the Gulf of Aden – one of the world’s busiest shipping routes. However, it has a population of less than one million, and several other African nations have a head start. South Africa, Kenya, Tanzania and Mozambique already have much larger, busier ports. Despite this, […]
Apr 10 2019 | Posted in
Business |
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by Kofi Ayim Ghana’s President Nana Addo Dankwa Akufo-Addo has promised Ghanaians that the exorbitant custom and excise taxes at Ghana’s ports will soon be a thing of the past. “I am not talking about next year, or in six months’ time, I am talking very, very soon,” he emphasized to a thunderous applause. The […]
Apr 10 2019 | Posted in
Community News |
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A Ugandan man, who was only six years old when his father lost his land in a legal dispute, has finally won it back 23 years later, after becoming a lawyer. Jordan Kinyera went through 18 years of education and legal training before taking on the case. On Monday, the High Court delivered a final […]
Apr 10 2019 | Posted in
African News |
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