Africa Now: Mass graves’ found in DR Congo, Staff shutdown Arik Air

Live updates of stories from Africa, as it is happening

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Summary:

  • Mass graves’ found in DR Congo

  • Staff shutdown Arik Air


 Thursday 23rd March, 2017 | Get Involved: #BloomgistAfricaNow WhatsApp: +2349086050708 | Email stories and comments to africanow@bloomgist.com


 Staff shutdown Arik Air over unresolved industrial dispute

Staff shutdown Arik Air over unresolved industrial dispute
Aviation unions protesting at Arik

The Nigerian government announced a takeover of the airline last month to prevent it going bust.

But the main union representing aviation workers has accused the new management of intolerance to unionism, Premium Times reports.


Egyptian troops ‘kill’ jihadists

At least 10 Egyptian army soldiers have been killed in a double roadside bombing in the central Sinai peninsula.

In a statement, Egyptian military officials said 15 jihadists from the Islamic State group were also killed by troops in the clash.


Kenya government launches bond for mobile investors

Kenya’s Treasury is launching a new government bond called M-Akiba, aimed at small investors who will be able to purchase the bonds via their mobile phone at a low cost.

So how exactly does it work? Aly Khan Satchu, a financial analyst and the chief executive of Rich Management in Nairobi, told BBC Newsday why he thought it was such an important development:

It allows anybody who has a mobile phone in Kenya to buy and sell government securities across that phone.

It really is democratising the financial markets. It’s giving access to every Kenyan citizen to government securities.

People with as little as $30 can now invest in the capital markets.”

 

Kenya is a global leader in mobile money payments

‘Mass graves’ found in DR Congo

United Nations investigators have found 10 mass graves in the Democratic Republic of Congo’s violence-hit Kasai region, UN human rights officer Barbara Matasconi has said, AFP news agency reports.

The government has been informed of the discovery of seven of the mass graves in Demba town and three  in Tshimbulu, she added.

The remote region has been hit by violence since August when government forces killed a traditional ruler and militia leader, Kamwina Nsapu, who had rebelled against the central government of President Joseph Kabila.


Good morning

Welcome to Bloomgist Africa Now where we will bring you the latest news from around the continent. 

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