Nigerian National Petroleum Corporation discovers oil in the northern part of Nigeria; Bankers express worry over money apportioned to debt service; World bank WarnS Kenya against debt piling; Facebook's Libra suffers another blow.

Ethiopian Airlines Group to consider buying a stake in South African Airways (SAA) should South Africa decide to sell equity in the struggling state carrier. Since 2011 South African Airways has not made a profit, the airline delayed the release of its annual earnings due to its precarious financial state. Group Chief Executive Officer of Ethiopian Airlines, Tewolde Gebre Mariam said that despite the African National Congress saying it would consider selling equity in the airline, there has been no visible strategy for such a plan. He added that if South Africa asked Ethiopian to buy a stake, they would consider it. Ethiopia and SAA are already partners in the Star Alliance. Tewolde said that the group had discussions with SAA's former Chief Executive Officer Vuyani Jarana before his resignation in May. A deal between the Ethiopian airline group and SAA may involve helping SAA chronic debt problems with banks, which are withholding further loans until the airline can present a repayment plan for 9.2 billion Rands ($611 million) of borrowings. Ethiopian Airlines is Africa's biggest aviation success story, with SAA and Kenya Airways being its main rival, which is struggling with losses and relying on government support. The Ethiopian carrier has looked to invest in other airlines around the continent, including new carriers planned for Ghana and Zambia.

Namibia's Government aims to achieve 95 percent broadband coverage by 2024, Deputy Minister of Information and Communication Technology Engel Nawatiseb, told Parliament recently. Nawatiseb made this declaration while tabling the Broadband Policy and its Implementation Action Plan in the National Assembly. He added that the government also aims at 100 percent broadband connections and usage to all primary and secondary schools in the country to enable e-learning by 2024. Similarly, he said the government also intends to have 90 percent broadband connection and usage to 70 percent of the health facilities in the country to ensure e-health by 2024. He said the role of broadband services, as an enabler of economic and social development in countries, is widely recognized in various studies and in documents such as the report of the United Nations Broadband Commission. According to him, the fifth annual edition of the Alliance for Affordable Internet Report of 2018 indicates that affordable internet to low- and middle-income countries are where 1 Gigabyte of mobile broadband data is priced at two percent or less of average monthly income.