Nokia CEO Pekka Lundmark (pictured) cautioned the company was yet to see any concrete signs of operator investments in mobile networks improving following a tough 2023, as the vendor booked drops in revenue and profit in Q4. During the quarter, Nokia was hit with the news customer AT&T had signed-up with rival Ericsson for a massive open RAN project, slashed long-term profit targets across the business and started a fresh cost-cutting programme. Although highlighting improvements in customer orders in its fixed-focused Network Infrastructure division and the signing of a pair of patent agreements this month, Lundmark flagged expected continued difficulty…
Author: Ohene Anochie
Ohene Anochie
Senior Reporter with AMN News Agency, known for his insightful journalism and in-depth coverage of current events.
Military tribunal in Niger has granted the release of the son of the deposed president, sparking discussions about legal proceedings and political dynamics in the aftermath of recent political changes in the country. The son of the deposed president had been detained following the political upheaval that led to the removal of his father from power. The detention was part of a broader effort by the new authorities to address individuals associated with the previous regime. The military tribunal’s decision to release the deposed president’s son has raised eyebrows and generated speculation about the factors influencing this legal development.…
Kenya’s recent implementation of a new visa-free entry policy has triggered a wave of criticism and public backlash. While the government aims to simplify travel procedures and boost tourism, many citizens and observers have expressed concerns over the perceived complexities and challenges associated with the new policy. The new policy, announced by the Kenyan government, expands visa-free entry to citizens of several countries, aiming to encourage tourism and foster international relations. The move is part of broader efforts to position Kenya as a favorable destination for travelers. Despite the intention to facilitate travel, a significant portion of the public…
Haiti is grappling with a political earthquake as former presidents and prime ministers find themselves at the center of a corruption scandal. The accusations, which span across multiple administrations, have sent shockwaves through the nation’s political landscape, raising concerns about accountability, governance, and the fight against corruption. The corruption allegations involve high-profile figures from various political administrations, indicating a systemic issue that extends beyond a single period of governance. Former presidents and prime ministers are accused of involvement in corrupt practices that have reportedly drained public resources. Specific charges include embezzlement of public funds, misuse of state resources, and…
the International Monetary Fund (IMF) has approved the disbursement of $60.7 million. The financial support comes at a pivotal time for Mozambique as it navigates challenges, including the aftermath of natural disasters and economic disruptions exacerbated by the global pandemic. The approved disbursement is intended to assist Mozambique in recovering from the impacts of recent cyclones, such as Idai and Kenneth, and the economic fallout from the COVID-19 pandemic. These events have placed considerable strain on the country’s economic stability and development. The funds provided by the IMF will offer crucial budgetary support to Mozambique, helping the government address…
NASA scientists have announced the discovery of a distant exoplanet that holds the promise of being more habitable than Earth. The finding opens up new possibilities for humanity’s search for extraterrestrial life. Named GLIESE 667, the exoplanet orbits a star similar to our Sun in the habitable zone – the region where conditions could support liquid water, a crucial element for life as we know it. The planet is located approximately [specific distance] light-years away from Earth and boasts a number of features that make it an intriguing candidate for further exploration. The discovery was made possible by…
Egyptian President Abdul Fattah al-Sisi has pledged his support for Somalia, following a deep disagreement between Ethiopia and Somaliland over maritime access. Ethiopia signed an agreement on Monday to use one of Somaliland’s seaports, prompting criticism and annoyance from Somalia. Somalia, which considers Somaliland part of its territory, condemned the agreement as an act of “aggression” and a violation of its sovereignty. Mogadishu promises to oppose it by all legal means. Somaliland is part of Somalia under the Somali constitution, and this agreement, signed without any legal basis, defies the rules of the UN, AU, and IGAD,” said the…
In the face of growing concerns expressed by the Economic Community of West African States (ECOWAS) regarding security challenges in Burkina Faso, the country’s leaders have stepped forward to address these worries and emphasize their unwavering commitment to national security. ECOWAS, a regional bloc dedicated to fostering economic integration and stability in West Africa, recently raised concerns about the deteriorating security situation in Burkina Faso. The landlocked nation has been grappling with a surge in terrorist activities, internal conflicts, and displacement of civilians, prompting the regional body to call for urgent measures to address the crisis. Burkina Faso’s…
In the heart of Africa, amidst the lush landscapes of Rwanda, a remarkable success story in conservation is unfolding. The Gorilla Mountains, home to the critically endangered mountain gorillas, have become a symbol of effective conservation efforts, showcasing what can be achieved when communities, governments, and environmentalists join forces. Over the past decades, Rwanda has dedicated substantial resources to the protection and preservation of its mountain gorilla population. Recent reports indicate a significant increase in the number of mountain gorillas, a testament to the success of conservation initiatives. According to the Rwanda Development Board, the mountain gorilla population in…
United States of America has made the decision to eliminate Uganda from the African Growth and Opportunity Act (AGOA). The move comes as a result of growing concerns over alleged human rights violations and political instability in the East African nation. AGOA, enacted in 2000, is a trade preference program that allows eligible African countries to export a wide range of goods to the United States duty-free. The program is designed to promote economic development and encourage trade between the U.S. and African nations. The decision to remove Uganda from AGOA has sparked debates on the impact it…
