American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.» Read More
JOHANNESBURG— Authorities in South Africa say they have seized $9.3 million in cash from two Nigerians and an Israeli who arrived at Lanseria, an airport in the Johannesburg area. Travelers arriving in South Africa with more than $2,300 are subject to stringent checks.
Ax Alibaba heads to the big time with an IPO that could value the company at $162 billion, the e-commerce group is contending with online offers of gallium and uranium. The FT reports.
SINGAPORE/ MOSCOW/ BERLIN, Sept 5- Germany's Rocket Internet faces daunting logistical challenges and rising local competition from Lagos to Laos as it races to capture customers in emerging markets before e-commerce titans Amazon and Alibaba can catch up.
MAIDUGURI, Nigeria, Sept 4- Hundreds of civilians are fleeing Nigeria's northeastern city of Maiduguri as fears grow that Islamist Boko Haram militants may try to assault the Borno state capital after seizing towns and territory around it, residents said on Thursday.
*Deal could attract Middle Easterners to Africa. DUBAI/ LAGOS, Sept 4- Qatar National Bank on Thursday bought a 12.5 percent stake in Ecobank for about $200 million, its latest purchase in a drive to be the biggest bank in the Middle East and Africa by 2017..
DUBAI/ LAGOS, Sept 4- Qatar National Bank, the Gulf's largest bank, said on Thursday it was buying a 12.5 percent stake in pan-African lender Ecobank Transnational Incorporated. QNB has said it wants to become the largest bank in the Middle East and Africa by 2017- it is currently second in terms of assets, behind South Africa's Standard Bank.
LAGOS, Sept 4- Nigeria's Access Bank has been meeting with domestic investors over the past week to gauge interest in a possible rights issue of 60- 70 billion naira by the fourth quarter, a fund manager and a banking source with knowledge of the roadshow, said on Thursday. Access Bank was also discussing with investors in Abuja.
*New company to own, manage MTN's 9,151 towers in Nigeria. DUBAI, Sept 4- South Africa's MTN has agreed to form a joint venture with specialist tower company IHS that will own and operate MTN's 9,151 transmitter towers in Nigeria, IHS said on Thursday.
GENEVA/ LAGOS Aug 28- The Ebola epidemic in West Africa could infect more than 20,000 people, the U.N. health agency said on Thursday, warning that an international effort costing almost half a billion dollars is needed to overcome the outbreak.
*Liberia records most new deaths, worries over Monrovia. The epidemic of the hemorrhagic disease, which can kill up to 90 percent of those it infects, is ravaging the three small West African states of Liberia, Sierra Leone and Guinea, and also has a toehold in Nigeria, Africa's biggest economy.
SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities.
SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign advisor, to devise and run its global political and branding strategy, as the fast-growing car rides-on-demand firm runs into stiff resistance from taxi companies in some cities.
Ebola outbreaks may become more frequent because of climate change, scientists warn, as the deadly disease ravages West Africa.
Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak.
*Guinea declares health emergency over virus. CONAKRY, Aug 14- Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak, the U.N. agency said on its website on Thursday.
CONAKRY, Aug 14- Guinea has declared a public health emergency over an Ebola epidemic that has killed more than 1,000 people in three West African states and is sending health workers to all affected border points, a government official said.
WASHINGTON/ CHICAGO, Aug 7- The director of the U.S. Centers for Disease Control and Prevention told lawmakers on Thursday he has activated the agency's emergency operation center at the highest response level to fight the worst Ebola outbreak in history.
*Liberia declares 90- day state of emergency. FREETOWN/ MONROVIA, Aug 7- The army blockaded rural areas hit by the deadly Ebola virus in Sierra Leone on Thursday, a senior officer said, after neighbouring Liberia declared a state of emergency to tackle the worst outbreak of the disease, which has killed 932 people.
*Police in eastern Sierra Leone blockade Ebola-hit towns. FREETOWN/ MONROVIA, Aug 7- Police and soldiers in Sierra Leone blockaded rural areas hit by the deadly Ebola virus on Thursday, a senior officer said, after neighbouring Liberia declared a state of emergency to tackle the worst-ever outbreak of the disease, which has killed 932 people.
*Operation "White Shield" begins in north Liberia. MONROVIA/ DAKAR, Aug 6- Health workers in West Africa appealed on Wednesday for urgent help in controlling the world's worst Ebola outbreak as the death toll climbed to 932 and Liberia shut a hospital where several staff were infected, including a Spanish priest.