News
Bank of Tanzania cautious over digital currencies
Tanzania’s central bank has said it is in no hurry to join the cryptocurrencies bandwagon, with Governor Florens Luoga saying the bank was ...
Intelligence
Nigeria: NDIC pays N11bn to over 500,000 depositors of liquidated banks
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has explained that the Corporation has paid a cumulative of N101.76 billion ...
Innovation
Zimbabwe: Zimpost Launches E-Money Facility
ZimPost has launched a Post Money Centre and the digitalised money order service that will enable users to send multi-currencies, with delivery notifications ...
Africa
Africa: Mastercard, Progresssoft Partner to Simplify Remittance in Africa
Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and ...
Regulatory
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
The commissioner of South Africa’s Financial Sector Conduct Authority, Unathi Kamlana, has reportedly said the government’s rollout of a crypto framework would be ...
Kenya
Kenya: Safaricom waives M-Pesa fees for Sh1bn drought funds
Safaricom will wire Sh1 billion government funds to households in drought-stricken counties free of charge through its mobile money platform M-Pesa. The deal with ...
News
Zimbabwe: RBZ Maintains Policy Rate At 60 Percent
The Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has maintained the bank policy rate at 60% amid other measures aimed at ...
Egypt
Egyptian Fintech Sympl Raises $6m for Its ‘Save Now, Pay Later’ Service
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop ...
Africa
Namibia: RMB, FNB Namibia Bag Best FX Provider Award
Renowned Global Finance magazine has named RMB and FNB Namibia the best foreign exchange provider in Namibia. The bank was recognised as one ...
News
Nigeria: Reps charge Immigration & NIMC to automate passport, national ID issuance
The House of Representatives has called on the Federal Government to streamline the services of Nigerian embassies and high commissions and the charges ...