News
NIGERIA: FBN Holdings Records N8.5trn Total Assets, N40.79bn PAT
FBN Holdings Plc has announced that it gained 11 per cent to hit N8.51trillion in total assets as at September 30, 2021 from ...
South Africa
SA: Tyme raises $180 million in funding deal involving Tencent and UK’s CDC Group
Multi-country digital banking group, Tyme, has secured $180 million Series B capital raise from Chinese multi-national technology conglomerate Tencent and UK impact investor CDC Group. ...
Kenya
Kenya fintech Hisa launches U.S. stocks trading platform for Kenyans
Hisa Technologies has unveiled the Hisa mobile that allows anyone in Kenya to invest in US stocks and ETFs directly from their phones through mobile ...
Kenya
Kenya: Digital lenders have six months to acquire license
Kenya’s president signs new law to police digital lenders, apps have six months to apply for licenses Getting loans in banks can be ...
News
Zimbabwe: RBZ Mops Up $1,3 Billion Excess Cash in One Month
The Reserve Bank of Zimbabwe (RBZ) has mopped up a total $1,31 billion excess cash through Negotiable Certificates of Deposit (NCD) in a ...
News
Uganda: MTN Uganda Lists On Stock Market
About 21,394 people in Uganda have become shareholders in MTN Uganda following the conclusion of the company’s Initial Public Offer (IPO). MTN Uganda ...
Innovation
Tanzania: Standard Chartered Bank Unveils First Digital Branch
Standard Chartered Bank Tanzania has launched the first digital bank branch in Tanzania that aims to enhance convenience for its customers. The digital ...
News
Zimbabwe: ZACC Boss Accuses Financial Institutions of Aiding Corruption
The Zimbabwe Anti-Corruption Commission (ZACC) chairperson Loice Matanda-Moyo has accused local banks of colluding with corrupt individuals to clean up ill-gotten wealth. She ...
Africa
TUNISIA : TSE LAUNCHES FIRST ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTING GUIDE
The Tunis Stock Exchange, the Financial Market Council (CMF) and the Konrad Adenauer Stiftung (KAS), has launched the new environmental, social and governance ...
News
Nigeria: CBN Sets Up Loan Support for Investors to Drive Economic Diversification
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for its “Production and Productivity” initiative, through the “100 projects for EVERY 100 ...