Author: Charles Wundengba

  • MTN Uganda Moves to Separate Mobile Money Business Ahead of Strategic Fintech Push

    MTN Uganda Moves to Separate Mobile Money Business Ahead of Strategic Fintech Push

    MTN Uganda is taking a major step in reshaping its business structure. The telecom giant has announced plans to formally separate its mobile money and fintech arm, MTN MoMo (U) Limited, from its core telecom operations. This move is part of a broader strategic vision to unlock value and sharpen focus on the fast-growing digital financial services sector.

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  • Vivo X Fold5 Launches June 25 with TWS Air3 Pro Earbuds – Here’s What to Expect

    Vivo X Fold5 Launches June 25 with TWS Air3 Pro Earbuds – Here’s What to Expect

    Exciting news for foldable phone enthusiasts: Vivo has officially confirmed the launch date for its next-generation foldable flagship, the Vivo X Fold5. The device will be unveiled on June 25 at 7 PM Beijing time (11 AM UTC), alongside the brand’s latest wireless earbuds, the Vivo TWS Air3 Pro.

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  • Huawei Launches Pura 80 Series with Powerful Camera and Performance Upgrades

    Huawei Launches Pura 80 Series with Powerful Camera and Performance Upgrades

    Huawei has officially launched its latest flagship smartphones — the Pura 80 series, featuring four models: Pura 8080 Pro80 Pro+, and the top-tier Pura 80 Ultra. The launch highlights Huawei’s renewed strength in the smartphone market, especially amid its recent advancements in chip technology.

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  • From Reposting to Retail: How Stella Alem Built Afrikthreads Collection from Her Passion and Persistence

    From Reposting to Retail: How Stella Alem Built Afrikthreads Collection from Her Passion and Persistence

    In an era where African youth are rewriting the entrepreneurial narrative, Stella Alem stands out as a powerful example of how humble beginnings, perseverance, and community support can ignite a journey of business transformation. From reposting products for friends on social media to running her own physical store, Stella’s brand—Afrikthreads Collection—is steadily rising in Ghana’s competitive retail space.

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  • Ghana’s Communication Minister Warns Telcos Over Poor Service Quality

    Ghana’s Communication Minister Warns Telcos Over Poor Service Quality

    Ghana’s Minister for Communication, Digital Technology and Innovations, Hon. Samuel Nartey George (MP), has issued a strong warning to the country’s major telecom providers, demanding immediate improvements in service quality or face stiff regulatory penalties by the end of 2025.

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  • MTN Ghana and Government Forge Strategic Alliance to Strengthen Digital Infrastructure

    MTN Ghana and Government Forge Strategic Alliance to Strengthen Digital Infrastructure

    In a move signaling Ghana’s growing commitment to digital transformation, the country’s Minister for Communication, Digital Technology and Innovations, Hon. Samuel Nartey George (MP), met with MTN Ghana executives on a mission to fast-track the nation’s digital agenda.

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  • RwandAir Launches ‘RwandAir Holidays’ Platform, Inviting Passengers to Discover Africa and Beyond

    RwandAir Launches ‘RwandAir Holidays’ Platform, Inviting Passengers to Discover Africa and Beyond

    RwandAir is glad to announce the launch of RwandAir Holidays, the airline’s newest product addition, an all-in-one travel and accommodation booking platform designed to transform how customers think about, and plan their trips. Whether you are bleisuring to a vibrant city, dreaming of that relaxing beach escape, or jumping on that productive business trip, RwandAir Holidays places endless possibilities at your fingertips.

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  • Ivory Coast’s Energy Future in Focus: PETROCI Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025

    Ivory Coast’s Energy Future in Focus: PETROCI Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025

    PETROCI CEO Fatoumata Sanogo is confirmed to speak at this year’s edition of African Energy Week (AEW): Invest in African Energies. As the head of Ivory Coast’s national oil company, Sanogo plays a central role in shaping the country’s hydrocarbons strategy and driving forward a new phase of investment and collaboration across the Ivorian energy landscape.

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  • ITFC Secures $2.6B in Deals at IsDB Annual Meetings

    ITFC Secures $2.6B in Deals at IsDB Annual Meetings

    The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, concluded its participation at the 2025 IsDB Group Annual Meetings in Algiers with a series of impactful achievements that underscore its role as a leading catalyst for trade and economic development in the OIC Member Countries and with the rest of the world.

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  • Invest Hong Kong Global Outreach Campaign Connects Eastern Europe,Africa and the Middle East to Engage with Emerging Markets

    Invest Hong Kong Global Outreach Campaign Connects Eastern Europe,Africa and the Middle East to Engage with Emerging Markets

    Invest Hong Kong (InvestHK), the Hong Kong government’s investment promotion arm, announced today (20 May 2025) that its Director-General and leadership team has completed duty visits to emerging markets in Europe, Africa, and the Middle East this month, actively promoting Hong Kong’s business advantages and opportunities in overseas markets, fostering mutual engagement and deepening economic and trade exchanges between Hong Kong and these markets. The team participated in various local events, meeting with chambers of commerce, business leaders, and company representatives.

    Director-General of the Investment Promotion Ms Alpha Lau, Assistant Director-General Mr Charles Ng, Acting Assistant Director Loretta Lee, and other senior leaders visited Türkiye, Hungary, Egypt, Côte d’Ivoire, Morocco, Qatar, Kuwait, Dubai, Abu Dhabi, Oman, and Romania, actively promoting Hong Kong’s business advantages and opportunities. They emphasised Hong Kong’s unique position under “One Country, Two Systems,” actively expanding into emerging markets, deepening international exchanges and cooperation, and showcasing the complementary strengths between the city and the mainland.

    From 11 May to 14 May 2025, Chief Executive Mr John Lee, joined with Acting Assistant Director Loretta Lee, led a trade delegation to Qatar and Kuwait. During the visit, Mr Lee witnessed the signing of three MoU, two of which were signed in Qatar with the Qatar Chamber of Commerce and the Qatar Businessmen Association, and one was signed in Kuwait with the Kuwait Direct Investment Promotion Authority, aimed at strengthening economic ties and fostering greater cooperation between the two regions.

    Ms Alpha Lau visited emerging markets along the Belt and Road including Istanbul, Budapest, and Cairo from 10 to 20 May, meeting with local chambers of commerce, investment promotion agencies, foreign economic relations committees, export promotion agencies, and company representatives to promote Hong Kong’s business advantages and opportunities. She attended multiple business seminars co-organised by chambers of commerce, business associations, and foreign economic relations committees, seeking new business opportunities for Hong Kong and hosted two media roundtable discussions to share Hong Kong’s story with local media.

    The Investment Promotion Agency established new advisory offices in Cairo, Egypt last year and Izmir, Türkiye this year to facilitate local investment attraction efforts.

    Mr King Leung, Global Head of Financial Services, FinTech & Sustainability, and Ms Angelica Leung, Head of Consumer Products, also visited emerging markets in the Middle East and Europe. Mr Leung met with representatives from local financial institutions in Oman, Dubai, and Abu Dhabi to discuss opportunities for digital and technological collaboration between the two regions. They also connected with retail and luxury brand leaders in Bucharest, tapping into emerging markets like Romania and demonstrating why Hong Kong is the ideal location to set up a regional headquarters to grow and thrive across the region’s fast-growing retail and luxury sectors.

    Ms Lau said, “In addition to reaching out to traditional markets, Invest Hong Kong is also enhancing its efforts in attracting investment from emerging markets, creating more collaboration opportunities. Overseas companies are looking to seize opportunities to expand their business in Asia, especially now as the global economy faces unprecedented challenges and the global supply chain hub is undergoing change. Invest Hong Kong will closely align with the One Belt One Road initiative and the trend of cooperation among the Global South Markets, deepening international exchanges and cooperation, actively promoting cross-border investment, capital market collaboration, and technological innovation exchanges while providing tailored one-stop support services for enterprises in establishing and expanding their businesses in Hong Kong and the broader region.”

    Simultaneously, Mr Charles Ng visited Abidjan, Côte d’Ivoire, and Casablanca, Morocco, from 11 May to 16 May 2025. In Côte d’Ivoire, Mr Ng spoke at a CEO Forum and engaged with the Chamber of Commerce and Industry to highlight Hong Kong’s role as a super-connector in the Belt and Road Initiative. In Morocco, he met with various financial institutions and professional associations to emphasize Hong Kong’s robust financial markets and innovation ecosystem. Mr Ng also met with local media to promote Hong Kong’s business advantages.

    Distributed by African Media Agency (AMA) on behalf of InvestHKs
  • The Wallet Trap — How One Seamstress Lost Her Fashion Empire by Mixing Business and Personal Finances

    The Wallet Trap — How One Seamstress Lost Her Fashion Empire by Mixing Business and Personal Finances

    In 2016, Efua Bempong became a local sensation in Cape Coast for her creative blend of Ankara and chiffon. Her brand, Efua Styles, quickly gained a following on social media, with orders flying in from across Ghana and even a few from the diaspora. She rented a spacious shop, hired two apprentices, and was poised to expand into ready-to-wear pieces.

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  • Ghana Sets Stage for Artisanal and Small-Scale Mining (ASM) Reform, Responsible Gold Leadership at Mining in Motion Webinar

    Ghana Sets Stage for Artisanal and Small-Scale Mining (ASM) Reform, Responsible Gold Leadership at Mining in Motion Webinar

    The Ashanti Green Initiative (AGI) today hosted a high-level virtual briefing to provide an exclusive preview of the upcoming Mining in Motion Summit, set to take place on June 2–4, 2025 in Accra, Ghana. The webinar, led by mining governance expert Charles Kwarteng Antwi, presented a bold advocacy agenda for formalizing Ghana’s artisanal and small-scale mining (ASM) sector, with the aim of positioning the country as a leader in responsible gold production. 

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  • Malaria is an African problem and Africa must find the solution

    Malaria is an African problem and Africa must find the solution

    Africa still bears the brunt of the global malaria burden—with 94% of cases occurring on the continent. According to the World Health Organisation’s (WHO) 2024 World Malaria Report, approximately two thirds of global malaria cases and deaths are concentrated in 11 African countries: Burkina Faso, Cameroon, Democratic Republic of the Congo, Ghana, Mali, Mozambique, Niger, Nigeria, Sudan, Tanzania and Uganda.

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  • Yango Group Showcases Its Technological Innovations for Urban Mobility

    Yango Group Showcases Its Technological Innovations for Urban Mobility

    Yango Group, a global technology company that transforms cutting-edge technologies into everyday services tailored to local communities, has taken part in GITEX Africa 2025, which took place from April 14 to 16 in Marrakech, Morocco. This participation reflected Yango’s continued commitment to supporting African tech ecosystems and promoting innovative mobility solutions across the continent.

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  • How Cynthia Jackson Is Building a Purpose-Driven Business Empire Across Two Continents

    How Cynthia Jackson Is Building a Purpose-Driven Business Empire Across Two Continents

    For many entrepreneurs, the journey starts with a dream. For Cynthia Jackson, it began with a promise to herself, to her family, and to the future of Africa’s children. Today, she is the Founder and CEO of Cherished Blossoms Group, a multi-sector enterprise operating in both London and Ghana, with a growing portfolio that spans education, retail, home services, and personal development.

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  • Kobby Kyei Withdraws from MTN Heroes of Change Awards

    Kobby Kyei Withdraws from MTN Heroes of Change Awards

    Online journalist and youth empowerment advocate Kobby Kyei has announced his withdrawal from the MTN Heroes of Change Awards in the Digital Heroes category.

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