News
Tanzania: Tanzanian Payments FinTech NALA Raises $10M
NALA, a Tanzanian cross-border payments provider specializing in international money transfers, has raised $10 million in new funding. According to media reports Thursday ...
Nigeria
Nigeria: Senate approves N215.8bn Budget for FIRS in 2022
The Senate on Wednesday approved the sum of N215,811,290,243 billion naira as the budget for the Federal Inland Revenue Service (FIRS) for the ...
Kenya
CBK fails to implement Uhuru cash directive three months on
Commercial banks are yet to comply with a presidential directive requiring a higher limit for customer cash transaction disclosures, citing delays by the ...
Nigeria
Nigeria: CBN has disbursed N927.94 billion to over 4.5 million smallholder farmers since launch of ABP
The Central Bank of Nigeria has disbursed under the Anchor Borrowers’ Programme (ABP), N927.94 billion to over 4.5 million smallholder farmers, who are ...
Nigeria
Nigeria: CBN’s eNaira records less than 10% P2P transactions after 3months
After three months since its launch, Africa’s first digital currency, eNaira, has recorded less than 10% in P2P transactions. This was disclosed by ...
Nigeria
Nigeria: CBN disburses N151 billion to boost projects under real sector facility
The Central Bank of Nigeria has said that it disbursed the sum of N151.23 billion under the real sector facility to 15 projects ...
Africa
EUTELSAT KONNECT selected by Intersat for Internet connectivity over Gambia, Guinea Bissau and Senegal
Eutelsat Communications and Intersat, one of Africa’s leading providers of Internet solutions, have signed a multi-year deal representing several hundred Mbps to address the ...
Nigeria
CKROWD ANNOUNCES MAJOR SOFTWARE UPGRADE TO CHANGE THE CREATORS’ ECONOMY IN AFRICA AND THE DIASPORA
Ckrowd announces new major platform upgrade to 1.4 software version, making its features the best to support Live & On-Demand content publishing & monetisation for ...
Nigeria
Nigeria: CBN Retains Benchmark Interest Rate, Keeps Parameters Steady
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday announced the retention of the country’s Monetary Policy Rate ...
Africa
There’s huge untapped e-Commerce market in Africa – Juliet Anammah
Juliet Anammah, Jumia Nigeria Chairwoman, has stated that there’s still a lot to explore in the African e-commerce market, as e-commerce on the continent is still ...