News
Nigeria: PenCom Issues Revised Regulation For Retirement Benefits
The National Pension Commission on Monday issued a revised regulation on retirement and terminal benefits for immediate implementation. The regulation simplifies some difficulties ...
Ghana
Bboxx reportedly acquires Ghana’s PEG Africa for $200 million
Bboxx, a London-headquartered cleantech startup that provides clean energy in Africa, has reportedly acquired PEG Africa, another cleantech startup based in Accra, in ...
Nigeria
Nigeria: Nigeria-based Digital Freight Management Startup, OnePort 365, Raises $5 Million
OnePort 365 is a Nigeria-based digital freight management startup focused on making the entire process seamless in the sector. Facilitating this, the startup ...
Ethopia
Ethiopia opens up for M-Pesa expansion
The National Bank of Ethiopia (NBE) will open the county’s market to investors and promote digital finance through mobile money Regarded by many ...
Egypt
Egypt: Banque Misr acquires all shares of Banque du Caire
Banque Misr raised its stake in Banque du Caire from 57.14 percent to 99.99 percent, according to the Commercial International Securities Brokerage Company. ...
Kenya
Kenya: KBA Affirms Sufficient Dollar Supply in the Market
The Kenya Bankers Association (KBA) has refuted claims that lenders have been asked by the Central Bank of Kenya(CBK)to ration dollar supply in ...
Africa
Africa: Cellulant has Partnered with NALA to Power Low-Cost Cross-Border Payments from the UK and USA into Africa
NALA provides an app for Africans living in the United Kingdom and the United States to send money to the continent seamlessly NALA, ...
Ghana
Ghana: Ghanaian agri-tech startup Farmerline secures $12.9m pre-Series A funding
Ghanaian startup Farmerline, which describes itself as “Amazon for African farmers”, has secured a US$6.4 million pre-Series A investment plus another US$6.5 million ...
News
Nigeria: NDIC says deposit insurance scheme does not cover bank directors, staff
The Nigeria Deposit Insurance Corporation (NDIC), says its Deposit Insurance Scheme (DIS) does not cover insider deposits which are made up of deposits ...
News
Nigeria: CBN Urges Nigerians to Access Economic Interventions
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace its intervention programmes to promote financial stability and economic development. The CBN ...