Kenya
Kenya: Kenswitch Partners Visa to Strengthen Bid for Kenya’s National Payments Switch
Kenswitch, a Kenyan payments infrastructure provider, has entered into a strategic partnership with Visa, a move that could reshape competition for control of ...
Africa
Nigeria to Host ECOWAS Brown Card Zonal Meeting in Lagos
Nigeria has been confirmed as the host of the 2026 First Zonal Meeting of the ECOWAS Brown Card Insurance Scheme, with the high-level ...
Ghana
Ghana: MTN Completes Spin-Off of Mobile Money Business into Standalone Fintech in Ghana
MTN Group Ltd. has finalised the separation of its mobile money operations in Ghana into an independent fintech entity, marking a significant step ...
Fintech
Nigeria: CBN Grants Flutterwave Banking Licence as Fintech Payments Surpass $40bn
Flutterwave has received regulatory approval from the Central Bank of Nigeria (CBN) to operate banking services, marking a significant step in its evolution ...
News
Nigeria: C2FO, IFC Launch CycleFlow in Nigeria to Tackle $30bn SME Financing Gap
A new working capital platform, CycleFlow, has been launched in Nigeria to address persistent financing challenges faced by small businesses, enabling companies to ...
Ghana
Ghana Integrates Payment Functionality into National ID Cards
Ghana has taken a major step toward integrating identity and financial services, with the National Identification Authority(NIA) introducing a digital wallet feature to ...
Nigeria
Nigeria: Naira Settlement Policy Reshapes Nigeria’s Remittance Landscape
A new directive by the Central Bank of Nigeria (CBN) mandating naira-based settlement for diaspora remittances marks a significant shift in Nigeria’s foreign ...
Ghana
Ghana: Bank of Ghana to Launch GH¢2bn Price Stabilisation Fund
The Bank of Ghana is set to establish a GH¢2 billion price stabilisation fund aimed at reducing volatility in key agricultural commodities, including ...
News
Nigeria: CBN Concludes Recapitalisation Drive as Banks Raise ₦4.65trn
The Central Bank of Nigeria (CBN) has announced the completion of its banking sector recapitalisation programme, with Nigerian banks raising a total of ...
Nigeria
Nigeria: CBN Selects Flutterwave, Paystack, Others for Virtual Asset Compliance Pilot
The Central Bank of Nigeria (CBN) has selected a group of fintech and digital asset firms, including Flutterwave, Paystack, KuCoin, cNGN, Juicyway, and ...