News
Nigeria: UBA delivers N153 billion profit, records 11% balance sheet growth
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting ...
News
Nigeria: CBN advises manufacturers against taking dollar loans
The Central Bank of Nigeria (CBN) has advised manufactures whose revenues are in naira against taking dollar loans. CBN Governor, Godwin Emefiele disclosed ...
News
Nigeria: FCMB appoints Odeghe ED
First City Monument Bank (FCMB) yesterday announced the appointment of Obaro Odeghe as Executive Director, Wholesale Banking. This follows the approval of the ...
Egypt
Egypt: Egyptian legal ed-tech startup Kouncel raises $1.2m pre-seed funding
Egyptian legal ed-tech startup Kouncel has raised a US$1.2 million pre-seed funding round to help it scale. Founded this year by Ibrahim Saleh, Kouncel is ...
News
Nigeria: NIMC’s Enrolment Figure Hits 75.36m in February as Lagos Leads in Enrolment with Over 8.7m
The Nation wide National Identification Number (NIN) enrolment figures of the National Identity Management Commission (NIMC), as at February 21, 2022, stood at ...
Africa
Africa: MTN, Rakuten ink deal to trial 4G and 5G OpenRAN in SA, Nigeria and Liberia
MTN Group and Rakuten Symphony have signed a Memorandum of Understanding (MoU) to conduct live 4G and 5G OpenRAN Proof of Concept (PoC) trials in ...
Ghana
Ghana: New license for Paystack Ghana
The license agreement would open the whole Paystack experience to Ghana. They ensure that merchants and all users on Paystack would enjoy better ...
News
Nigeria: AfDB approved $544 million in loan financing for Nigeria in 2021
Lamin Barrow, the Director-General, Nigeria Country Department of the African Development Bank (AfDB) has said that the bank approved $544 million in loan ...
Egypt
Egypt: Egyptian logistics startup Milezmore raises $5m pre-seed round from Brimore
Egyptian startup Milezmore, which provides cloud fulfillment, last mile delivery, and customisable operations solutions, has raised US$5 million in pre-seed funding from social ...
News
Rwanda: Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that ...