Egypt
Egyptian startups put up strong presence at the Web Summit 2021
In 2021, startups in Egypt recorded their highest in venture investments at $403M – a 100% year-over-year growth Egyptian startups had a strong ...
News
Nigeria: MTN Nigeria to Launch First Public Shares Sale, Offers 575 Million Units
It is the first time the local unit of Johannesburg-based MTN Group will welcome subscription from the public roughly two and a half ...
News
Global SME Finance Summit honours FCMB for supporting SMEs, women entrepreneurs
First City Monument Bank (FCMB), has received another global commendation for its support to the growth of Small and Medium Scale Enterprises (SMEs) ...
Kenya
Kenya: Safaricom faces petition to lower M-Pesa charges
Telkom Kenya is seeking regulatory orders through Parliament to compel Safaricom to cut the fees it charges on its mobile money service M-Pesa ...
News
Nigeria: CBN spends N58.6bn to print 2.5bn Naira notes
The Central Bank of Nigeria spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in, ...
Ethopia
Ethiopia’s Open Up to New Telecom Operators Enhances Digital Economy
Ethiopia’s opening up of telecommunication industry for new telecom service operators will facilitate its digital transformation efforts and attract related businesses, Innovation and ...
Africa
Liberia: CBL Stakeholders Chart Course for Accelerating Financial Digitization
The Executive Governor of the Central Bank of Liberia (CBL), Mr. J. Aloysius Tarlue, Jr., has said that financial digitization, which includes mobile ...
Rwanda
Kigali International Financial Centre (KIFC) establishes a $250M pan-African Virunga Africa Fund
The fund targets investments delivering tangible change for Rwandans and other people across the continent Kigali International Financial Centre (KIFC) has announced the establishment ...
News
Nigeria: CBN, SEC sanction five banks over forex offence, money laundering
In line with regulatory rules, banks are required to include sanctions and fine imposed on them by regulatory agencies in their audited financial ...
Kenya
Safaricom defends dominance in row with Airtel Kenya
Safaricom has defended itself once again against accusations by its rival Airtel Networks Kenya that it is abusing its market dominance and stifling ...