29, May 2025
Football: Saudis in ‘difficult’ talks to keep Ronaldo next season 0
Saudi officials are in “difficult” talks to keep Cristiano Ronaldo in the country, a source with knowledge of the negotiations told AFP on Thursday, after the star footballer suggested he was leaving Al Nassr.
The Portuguese superstar, whose arrival in 2023 heralded a rush of late-career players to the oil-rich country, could transfer to Al Hilal and feature at the upcoming Club World Club, the source said.
“There is an ongoing difficult negotiation to convince Ronaldo to stay and play” in the Saudi Pro League next season, said the source from the Public Investment Fund (PIF), a major investor in Saudi football.
“First option is a transfer to Al Hilal with an opportunity to feature in the FIFA Club World Cup or to Asia champion Al Ahli,” the source added.
The oil-funded PIF, the sovereign wealth fund behind a number of big-ticket Saudi investments, controls a group of Pro League clubs including Al Nassr, Al Hilal and Al Ahli.
Ronaldo posted “This chapter is over” hours after the Saudi Pro League wrapped up this week with Al Nassr finishing third and trophyless once again.
A special transfer window opens from June 1-10 to allow the 32 teams involved in the newly expanded Club World Cup to sign players.
Last week, FIFA president Gianni Infantino said “there are discussions” over the former United, Real Madrid, Juventus and Sporting Lisbon star playing at the tournament in the United States from June 14.
Portuguese forward Ronaldo, 40, joined Al Nassr in early 2023 from Manchester United and his contract expires at the end of next month.
“Ronaldo’s presence is a key factor in developing the Saudi league in the last two years and a half. He opens the door for elite and young players to come to Saudi Arabia,” the PIF source said.
‘Ronaldo might play’
Ronaldo’s announcement comes just months after Brazilian star Neymar ended his injury-plagued 18-month stay in January, after playing just seven times for Al Hilal — on a reported salary of around $104 million a year.
Although Ronaldo was the Pro League’s top scorer with 25 goals, he has been unable to win a Saudi or continental trophy with Al Nassr, who lost in the Asian Champions League semi-finals last month.
Last year, the five-time Ballon d’Or winner said he could end his career with Al Nassr, the Riyadh team favoured by a number of Saudi royals.
Meanwhile, Ronaldo’s great rival Lionel Messi will play at the Club World Cup with Inter Miami.
During a recent interview with YouTuber and streamer IShowSpeed, Infantino said: “And Ronaldo might play for one of the teams as well at the Club World Cup.
“There are discussions with some clubs, so if any club is watching and is interested in hiring Ronaldo for the Club World Cup… who knows, who knows.”
Saudi Arabia has shaken up football by spending heavily on stars from Europe, starting with Ronaldo’s move, and the desert nation will host the World Cup in 2034.
Source: AFP



























29, May 2025
Cameroon emerges as key market for Orange Money in Africa 0
Orange Money has achieved significant penetration and usage in Cameroon, ranking the country among the leading African markets for the platform. Representatives from Orange Money Cameroon presented data to the Directorate General of Customs (DGD) in Yaoundé on May 27, 2025, highlighting the service’s extensive reach as part of a proposal to the customs administration.
Orange Money, a subsidiary of Orange Cameroon specializing in mobile payments, now serves more than 11 million customers in Cameroon. This figure represents over 11.5% of the 96 million Orange Money users across 17 African countries.
Official data also show that more than 100,000 sales outlets in Cameroon provide Orange Money services, supporting the creation of over 200,000 jobs to date. These outlets account for more than 25% of the 400,000 points of sale dedicated to Orange Money distribution across Africa, according to Orange Group figures.
The widespread adoption of mobile payment services such as Orange Money and MTN Mobile Money in Cameroon reflects their popularity since launch. Their flexibility in enabling money transfers, withdrawals, merchant payments, mobile banking, and tax payments has fueled a surge in mobile money usage in recent years.
The expansion of mobile money in Cameroon was notably accelerated by restrictions imposed during the COVID-19 pandemic. The global lockdown prompted many Cameroonians to adopt mobile money services, as reducing cash handling in financial transactions was a key preventive measure promoted by the government to curb the spread of the virus. Authorities encouraged the use of mobile money, e-payment, and mobile banking. In response, mobile money operators reduced fees and ramped up promotional offers to attract more users.
Intense Competition for Market Leadership
The impact of these measures, along with the broader benefits of mobile money in promoting financial inclusion, is reflected in the results of the 5th Cameroon Household Survey (Ecam 5), published on April 24, 2024, by the National Institute of Statistics (INS). The survey shows that mobile money usage in Cameroon “increased significantly,” rising from 29.9% in 2017 to 42.7% in 2022 among people aged 15 and older—a 12.8 percentage point increase over five years.
The 2022 Report on Payment Services in the CEMAC region published by the Bank of Central African States (BEAC), underscores Cameroon’s dominance in mobile money within the six-nation bloc. According to BEAC, Cameroon accounted for the majority of mobile money transactions in the region in 2022, both by volume (71%, or 1.7 billion transactions) and by value (55%, or 59,003 billion CFA francs).
Local subsidiaries of Orange and MTN are engaged in fierce competition for market leadership. Orange Cameroon claims a 70% market share in mobile money, while MTN contests this, asserting superior performance. “I believe I can also say that we have now become the leader in the mobile financial services market, as our subsidiary Mobile Money Corporation now has the largest active mobile money user base in the country,” said Mitwa Ng’ambi, then CEO of MTN Cameroon, in an interview with Investir au Cameroun in early 2023.
Source: Business in Cameroon