News
Uganda: BoU Makes Case for Digital Banking Solutions As KCB Launches New Online Platforms
The Bank of Uganda Executive Director of the Bank Supervision, Tumubweine Twinemanzi has said that banks ought to digital banking solutions or else ...
Kenya
Kenya: Lending rate stuck at 12pc as banks await CBK’s nod
Average bank lending rates remained flat last year despite demand for credit going up as the economy rebounded, with banks unable to get ...
News
Zimbabwe: Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling ...
News
Nigeria: Ecobank records success in Agency Banking
In its core operations, Ecobank seeks to promote Financial Inclusion amongst the Nigerian community by offering digital financial solutions like its banking app, ...
Africa
Africa showing gains in digital readiness – report
Leading African economies that have struggled to improve their infrastructure, business conditions and overall competitiveness are generally performing better against other emerging markets ...
Africa
Africa: Google Hustle Academy to Train 5000 SMEs, Entrepreneurs Across Africa
Google on Wednesday announced that 5,000 small and medium enterprises (SMEs) and entrepreneurs in Nigeria, Kenya and South Africa would be receiving free ...
News
Nigeria: MTN pays for NCC’s 5G license ahead February 24 deadline
MTN Nigeria has paid the 5G license fee ahead of the February 24 deadline issued by the Federal Government of Nigeria. This was ...
News
Zimbabwe: Zimbabwe’s central bank rules out return to US dollar
Zimbabwe’s central bank has ruled out a return to using the US dollar as official currency because there’s not enough greenbacks in the ...
Africa
Africa: Mastercard Market Trends now available to FIs in Middle East, Africa
Mastercard has expanded its new interactive business intelligence platform Mastercard Market Trends in the Middle East and Africa. The new platform provides a comprehensive view ...
Nigeria
Nigeria: Nigeria’s Grey accepted into Y Combinator’s Winter 2022 batch
Nigerian-based fintech, Grey, with a recent name change from Aboki Africa, has announced its acceptance into Y Combinator’s 2022 Winter batch for startups. Asides ...