Ethiopian Airlines furlough employees to fight coronavirus crisis
The airlines could lay off thousands of employees with no pay for...
Africa
Nigerian banks limit global spending amid forex scarcity concerns
Due to the slump in oil prices, Nigeria fears it might run...
Egypt grounds all flights till mid-April amid coronavirus pandemic
Egyptian airports will also remain closed during the period...
Nigeria-based Zenith Bank denies merger speculations with Union Bank
Merger speculations erupted in Nigeria after central bank announced recapitalisation of the...
First Bank considers merger ahead of an industry recapitalisation
The bank is in talks with Heritage Bank and Polaris Bank...
Paga and Flutterwave join forces to expand payment solutions in Nigeria
Flutterwave will add Paga as a payment option in its platform...
Ethiopian Airlines to continue flying to China
The carrier, however, reported a 20% decline in demand...
Nigeria selects Egypt Air consortium to set up leasing company
The decision is a part of the Nigerian government’s plan to overhaul...
Egyptian heatchtech Veezeta secures $40 mn funding for expansion
Investors who took part in the funding round include Gulf Capital, Saudi...
Kenya Airways expands codeshare agreement with Alitalia
Alitalia will place Kenya Airways’ flight code on its flights from Rome...