Ghana
Ghana: Bank of Ghana goes after entities defying its directive against pricing in dollars
Entities that are defying the Bank of Ghana’s directive against pricing goods and services in foreign currencies must endeavour to quit as the Central ...
Africa
Africa: 10 largest banks in Africa based on asset size
There are a total of 763 commercial banks located across the 54 countries that make up the African continent. Interestingly, not only does ...
News
Nigeria: External reserves return to growth path, gain $243.83m
Nigeria’s external reserves rose by $243.83m in 19 days, according to figures obtained from the Central Bank of Nigeria. The CBN revealed in ...
South Africa
SA: Trace and the Mastercard Foundation launch Free Learning App to Reach 26 Million Young Africans
The free mobile app, Trace Academia, will feature course content and features developed by Trace and a coalition of leading corporations and organizations ...
Africa
Cote d’Ivoire: African Development Bank-supported Digital Platform will Support Women Farmers to Gain Access to Markets
The platform is part of a UN Women project in Cote d’Ivoire to strengthen women’s agricultural resilience to climate change Women farmers in ...
Zimbabwe
Zimbabwe: RBZ Shuts Down Innbucks
THE Reserve Bank of Zimbabwe (RBZ) has ordered Simbisa Brands Pvt (Ltd) to stop operating its money transfer platform, InnBucks. InnBucks had become ...
Africa
Seychelles Doesn’t Want ‘A Cashless Society but a Cash-Light One’, Says Central Bank Governor
Seychelles expects to introduce an electronic money (e-money) regulation by June to provide potential investors in the field with the necessary guidelines. In ...
Ghana
Ghana’s Economy Expands 5.4% in 2021
Ghana’s economy grew 5.4% in 2021, according to the country’s statistics agency. The growth came after pandemic break induced pressures on economic activities ...
Africa
African startups raised a record $5.2 billion in funding last year
African startups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly ...
Kenya
Kenya extends SIM card registration by six months
The Communications Authority of Kenya (CA) has announced the extension of the deadline for the SIM card registration process by six months. A ...