Africa
The Algerian Startup Financing Fund launches $7.2M fund
The fund has existed for a year raising $7.2 million targeted at the most innovative startups in the country. The Algerian Startup Financing ...
Innovation
Nigeria: PenCom extends online verification, enrolment exercise for retirees, others
The National Pension Commission (PenCom) has announced the extension of the online verification and enrollment exercise for 2021 retirees, and prospective retirees of ...
News
Zimbabwe hikes key interest rate to 60% to halt currency plunge
Zimbabwe’s dollar has plunged on the parallel market to about Z$180 per US dollar, more than double the official exchange rate of Z$88.55. ...
South Africa
South Africa-based fintech firm Stitch expands to Nigeria after raising $2m funding
South Africa-based application programming interface (API) fintech company, Stitch announced plans to expand to Nigeria after raising a $2 million seed extension. The ...
Africa
Standard Bank Group Selects Flutterwave to Drive Digital Transformation Efforts Across Africa
Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave Standard Bank, Africa’s largest bank by ...
Nigeria
Nigeria: Loans to Deposit Policy Drives Credit Growth by N6.63Trn –CBN
The Central bank of Nigeria (CBN) has said that its 65% loan to deposit policy pushed credit into the real sector of the ...
Kenya
Kenya: Airtel drags regulators into Safaricom battle
Airtel Networks Kenya, which is eyeing a bigger stake in Kenya’s telecoms industry, has accused the Communications Authority of Kenya (CA) of allegedly ...
News
No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’
The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole ...
Africa
Namibia: Govt Says SIM Card Registration Will Curb Crime
The Namibian government has confirmed that a plan to force people to register their identity when buying cell phone SIM cards is, among ...
Intelligence
Kenya: Women Dominate Kenya’s e-Commerce Space at 51% – Jumia Africa
Women have dominated the e-commerce sector in Kenya, standing at 51 percent, Jumia Africa has revealed in their report dubbed ‘Africa E-commerce Index ...