Africa
Africa: UBA Strengthens Pan-African Expansion to Deliver Long-Term Value
United Bank for Africa Plc (UBA) has reaffirmed its commitment to delivering sustainable long-term value to shareholders and stakeholders while accelerating its pan-African ...
Nigeria
Nigeria: CBN Tightens Liquidity Rules with 75% CRR on Non-TSA Deposits
Nigerian banks, particularly those reliant on government deposits, face new funding pressures following the Central Bank of Nigeria’s (CBN) introduction of a 75% ...
Mozambique
Mozambique: Ecobank Finalizes Exit from Mozambique Operations Following Stake Sale to FDH Bank
Ecobank Transnational Incorporated (ETI) has completed its divestment from Mozambique with the successful sale of its stake in Ecobank Mozambique S.A. to FDH ...
Fintech
Kenya’s Mobile Money Penetration Hits 91%, Cementing Global Fintech Leadership
Kenya has reaffirmed its status as a global trailblazer in digital finance, with mobile money penetration reaching an unprecedented 91% by June 2025, ...
News
SA: SARS Refutes Claims of eFiling Profile Hijacking, Awaits Ombud’s Final Report
The South African Revenue Service (SARS) has rejected reports alleging that over 16,000 taxpayer eFiling profiles were hijacked by cybercriminals, resulting in lost ...
News
Nigeria: MTN Nigeria’s Dabengwa Data Centre Secures Tier III Constructed Facility Certification
MTN Nigeria has achieved the Tier III Certification for Constructed Facility (TCCF) from the Uptime Institute for its Dabengwa Data Centre, reinforcing its ...
Nigeria
Nigeria: TAJBank Achieves CBN’s New Recapitalisation Benchmark Ahead of Deadline – CEO
TAJBank Limited has successfully met the new capital thresholds mandated by the Central Bank of Nigeria (CBN) under its ongoing recapitalisation programme, positioning ...
Nigeria
Nigeria: CBN Says Rate Cut to Ease Borrowing Costs for SMEs and Households
The Central Bank of Nigeria (CBN) has described its recent 50 basis point reduction in the Monetary Policy Rate (MPR) as a deliberate ...
Africa
Africa: Mastercard Strengthens Partnership with Smile ID to Advance Digital Identity Across Africa
Mastercard has expanded its strategic partnership with Smile ID, a leading African identity verification provider, to scale secure digital identity solutions across the ...
South Africa
SA: Street Wallet Acquires Tipping Startup Digitip to Drive Financial Inclusion for Informal Workers
South African fintech Street Wallet has announced the acquisition of Digitip, a tipping startup founded in 2023 to enable informal workers and service ...