Africa
Zwipe to launch biometric card in Africa
Norway-based biometric technology company Zwipe has announced it’s running a biometric payment card pilot in Africa, in collaboration with Egyptian company Masria Digital Payments (MDP). Zwipe ...
News
Ecobank partners five Nigerian insurers for Bancassurance
Ecobank’s Commercial Banking business has entered into a partnership with five insurance companies to offer Bancassurance solutions to Ecobank’s Small and Medium-sized Enterprise ...
Africa
Alitheia IDF raises $100m to invest in gender-diverse businesses across Africa
Alitheia IDF, Africa’s first women-led and women-focused private equity fund, has announced the final close of its $100,000,000 fund. Led by principal partners ...
News
Nigeria gets $98m Islamic bank loan for bilingual education
The Board of Executive Directors of Islamic Development Bank has approved a multi-year financial facility programme of 98 million dollars for the promotion ...
News
Nigeria: InfraCorp to raise N14trn from local, foreign debt markets – CBN
The Central Bank of Nigeria, CBN, has said that the Infrastructure Corporation of Nigeria (InfraCorp) set up by the Federal Government to support ...
Kenya
Kenya: Wakanda Acquires Choice Microfinance Bank – CBK
The Central Bank of Kenya (CBK) has announced the acquisition of 85 percent shareholding of Choice Microfinance Bank Limited (Choice MFB) by Wakanda ...
Innovation
Kenya: Safaricom Partners With Google,Transsion to Expand Lipa Mdogo Mdogo Product Range
Safaricom has partnered with Google and Transsion, the company behind TECNO, Infinix, and itel, to enable Kenyans to access more 4G devices under ...
Ghana
Ghana: Trove Finance’s Global Share Dealing app wins 2021 Ecobank Fintech Challenge
The Ecobank Fintech Challenge is a flagship event of the Ecobank Group to support and enthuse early stage fintechs from across the African ...
Kenya
Kenyan Startup Wowzi Secures $3.2 Million From 4DX Ventures, Andela Co-Founder to Expand Across Africa
Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to ...
Nigeria
Basel III: Most Nigerian Banks Will Meet Capital, Liquidity Target –Fitch
Fitch Ratings has expressed confidence that most Nigerian banks will meet higher capital and liquidity requirements given a healthy metric in the sector. ...