Egypt’s competition authority approves Uber acquisition of Careem with conditions. Careem is one of Uber’s major rivals in the Middle East and North Africa.
Uber bought Careem for $3.1 billion in March in a deal expected to close in January. Careem will become a wholly owned subsidiary of Uber but will continue to operate as an independent brand with independent management.
Ivory Coast’s public prosecutor accused former rebel leader Guillaume Soro of plotting a coup
, which could result in him being barred from running in presidential elections next year. Soro has been a dominant figure in Ivory Coast politics for at least 15 years and is seen as a contender to take over from President Alassane Ouattara.
A group of Ivory Coast opposition parties accused state authorities of trying to intimidate them
before next year’s presidential election via the issuance of this warrant.
Show Me the Moneyyyy
According to the International Monetary Fund (the “IMF”), Equatorial Guinea’s leader Teodoro Obiang Nguema Mbasogo, the world’s longest-serving president, should declare his assets before the nation receives more financial support.
The central African country needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year.
Voters in Guinea-Bissau began casting ballots today in a run-off presidential election pitting two former prime ministers. Incumbent President Jose Mario Vaz failed to make it to the second round after a five-year term marred by regular high-level sackings, a barely functioning parliament and weeks of turmoil in the run-up to the first-round ballot. Read more here