Ghana
Ghana: BoG purchases 600kg of dore gold to enhance gross reserves – Dr. Ernest Addison
Governor of the Bank of Ghana, Dr Ernest Addison, has disclosed the bank has purchased some 600 kilogrammes of dore gold yet to be refined ...
Ghana
Ghana CBDC Development: New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency
In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency ...
News
Zimbabwe: RBZ releases US$100m to clear auction backlog
THE Reserve Bank of Zimbabwe (RBZ) has released US$100 million to clear the backlog of foreign currency allocations at the RBZ’s weekly auctions, ...
News
Nigeria: CBN set to launch N100m digitalisation fund
THE Central Bank of Nigeria has disclosed that it is set to launch a N100m grant to encourage universities to drive digitalisation over ...
Kenya
Kenya: Safaricom Reigns Supreme in Telco Industry, CA Data Shows
Safaricom has continued to dominate the telco industry with continued growth of subscriptions in the second quarter of 2021/22 as its competitors recorded ...
Africa
Senegal: African Management Institute Launches New Francophone Learning Programmes for Senegal and West Africa
In partnership with the Vitol Foundation, AMI is offering Programme Expansion in French The African Management Institute (AMI) (www.AfricanManagers.org), the continent’s leader in ...
Egypt
Egypt: Penalties of Imprisonment, fines for illegal foreign exchange trading
Trading with foreign currencies outside the approved banks or licensed exchange companies is punishable by imprisonment for at least six months to three ...
News
Nigeria: SEC Laments High Level of Unclaimed Dividends
Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market, approaching ...
News
Nigeria: MainOne Launches Fiber Infrastructure at Lagos Free Zone
MainOne, West Africa’s leading connectivity and data center solutions provider, has announced the expansion of its fiber optic network infrastructure to the Lagos ...
Egypt
Egypt: CBE rolls out InstaPay app for bank clients
The Central Bank of Egypt (CBE) has launched the National Instant Payment Network and InstaPay mobile app, which will allow clients to process fund ...