Akon’s wife to invest $12M in Uganda’s entertainment industry

Rozina Negusei, the wife of award-winning Senegalese-American musician and entrepreneur Akon, has announced she is going to invest $12 million in the Ugandan entertainment industry over the course of five years, local entertainment platform, Sqoop, reports.
Airlines concede to a challenging business environment (Shutterstock)
Coronavirus worsens turbulence facing East Africa's airlines
It is back to the drawing board for airlines in East Africa as a resurgence of Covid-19 further disrupts global travel amid the need to save jobs while turning cash positive.
Most customers in Kenya opted to use mobile money over debit or credit cards ( FILE | NMG)
Kenya banks lose $11m card payment revenues to telcos
Top banks in Kenya have raised a red flag over an expected significant drop in net earnings for the year 2020.
Access Bank plans to eventually expand into 22 African countries
Nigeria’s biggest bank picks eight African nations for expansion
Access Bank Plc, Nigeria’s biggest lender, has identified eight African countries for a potential expansion as it seeks to benefit from a continental-wide free trade pact.
The project will specifically enable the West African country’s tourism sector
Benin signs US$1.2 million deal with World Bank and UNWTO to boost tourism
The Government of the Republic of Benin through the Ministry of Tourism, Culture and Arts, the World Bank and World Tourism Organization (UNWTO) have signed a 1.2 million agreement to help build the capacity of Benin’s tourism sector in the area of statistics and data.
Mozambique LNG will enable Total to increase gas proportion of its hydrocarbon production
Mozambique: How Total plans to protect its US$15 billion major gas project
Despite the armed insurgency that has been plaguing Mozambique since 2017, Total intends to continue its major gas project there. It trusts the authorities to ensure its safety, in return for a solid financial contribution.
File photo of a electricity substation
15% of communities without electricity would be covered – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has assured that all the communities in Ghana without electricity will be covered before the end of his second term in office.