Huawei takes HSBC to court to stop extradition of its chief finance officer to US
The Chinese telecoms giant Huawei is taking HSBC bank to court in the UK as part of its attempt to prevent the extradition of its chief financial officer from Canada to the US. Meng Wanzhou was arrested in Canada on a US request over claims she misled HSBC in a...
Angola’s oil and gas industry can thrive alongside its rich biodiversity
Angola was last month said to be drafting legislation to permit prospection of oil, gas and mining activities in 14 national conservation areas. These are the Luengue-Luiana National Park, which represents part of the Kavango-Zambezi Transfrontier Conservation Area that stretches from Angola, Namibia, Botswana, Zambia to Zimbabwe. The announcement led...
Ecobank Nigeria announces pricing of its senior unsecured $300m bond
Ecobank Nigeria, a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Inc (ETI), has declared it has successfully priced its $300 million bond issuance that will mature in February 2026. The fixed-rate, US dollar-denominated bond, with a tenor of five years, carries a coupon rate of 7.125 per...
Ecobank Nigeria announces pricing of its senior unsecured $300m bond
Ecobank Nigeria, a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Inc (ETI), has declared it has successfully priced its $300 million bond issuance that will mature in February 2026. The fixed-rate, US dollar-denominated bond, with a tenor of five years, carries a coupon rate of 7.125 per...
‘Ozone-depleting emissions have stopped since scientists raised alarm’
Illegal emissions of an ozone-destroying chemical once used in refrigerants and foam insulation have virtually come to a halt, scientists reported this week, nearly three years after the rogue emissions were first documented. Researchers say the result is a major win for the international treaty that protects the ozone layer....
Rugby Africa formally launches referees committee
Rugby Africa (RA) Referees Committee that was formed in December last year has been formally launched. The committee will, among other things, oversee the growth and development of the sport, besides enforcement of the rules of the game and monitoring playing trends on the continent. Speaking at the launch in...
WHO Covid origin search draws a blank, scientists want the mystery resolved
Scientists say that the hunt for the origins of the Coovid-19 pandemic must continue after a World Health Organisation (WHO) team’s visit to China produced no answers to key questions about how the coronavirus started infecting people. At a press briefing on February 9 in Wuhan, China, members of the...
Terrorism? Day hacker tried to poison water supply of a Florida city of 15,000
Around 8am last Friday, an employee of a water treatment plant in the 15,000-person city of Oldsmar, Florida, noticed that his mouse cursor was moving strangely on his computer screen, out of his control, as local police would later tell it. Initially, he was not concerned; the plant used the...
Grey market: Incentive to produce charcoal illicitly or legally set to rise in Kenya
Despite a longstanding moratorium on charcoal production and trade in Kenya, current high demand for the fuel that has been enforced by expansive alternatives such as liquified gas and kerosene has given rise to a booming ‘grey market’ that now threatens to exacerbate ecological degradation. Increased production and trade in...
There are spying eyes everywhere – and now they share a brain
One afternoon in the fall of 2019, in a grand old office building near the Arc de Triomphe, I was buzzed through an unmarked door into a showroom for the future of surveillance. The space on the other side was dark and sleek, with a look somewhere between an Apple...
