Kenya
Kenya: Standard Africa Receives Approval to Acquire Bigger Stake in Stanbic Bank
Standard Africa Holdings Limited (SAHL) has received regulatory approval from Kenya’s Capital Markets Authority (CMA) to acquire a bigger stake in Stanbic holdings. ...
Africa
SA:Meta launches Reels on Facebook and New Ways for Creators to Make Money across sub-Saharan Africa (SSA)
In the coming months, the bonus program will be extended to more countries, so more creators can get rewarded for creating reels that ...
Innovation
Nigeria: Partnership of ICT Stakeholders will Accelerate National Development – Phase3 Telecom
Africa’s leading independent telecommunications services provider, Phase3 Telecom strengthens the call for efforts targeted at stimulating ICT infrastructure development on the continent Phase3 ...
Kenya
Kenya: Digital shilling risks harming price stability goal, says CBK
The Central Bank of Kenya (CBK) has raised concerns that running a digital currency will interfere with its core mandates including stabilising prices, ...
Ghana
Ghana: Bank of Ghana projected to increase policy rate if upside risks continue – Report
The research arm of rating agency, Fitch Solutions has projected that Ghana’s central bank will significantly increase its monetary policy rate should upside ...
News
Nigeria: Fintech firm, Tingo valued at over $6 billion on U.S. OTC seeks new $500 million funding
Tingo, a financial technology company founded in Nigeria is seeking to raise $500 million in funding, as it plans to expand across more ...
Africa
Africa: African Web 3 Super App Jambo Raises $7.5M in Seed Round
Jambo, a three-month old company building a Web 3 super app for Africa, has raised $7.5 million in seed funding from an array ...
Africa
Africa: Over 320 million MoMo users across Africa to benefit from PAPSS network
MFS Africa will extend the PAPSS network’s reach to over 320 million mobile money and last-mile users across 35 African markets, which will ...
Ghana
Ghana: Ghana aims to become number one cyber secure country in Africa
Ghana is aiming to become the best cyber security country in Africa from its current position of 3rd. This will help open more ...
Kenya
Kenya: Kenya Serviced Foreign Loans with $1.2bn in 2021
Kenyan treasury on Monday reported that the country paid 137 billion shillings or about 1.2 billion U.S. dollars in 2021 to service its ...