News
Zimbabwe: First Capital Bank’s Operating Income Up $1,4 Billion
Zimbabwe’s leading financial services provider, First Capital Bank (FCB) has seen operating income surging by $1,4 billion on the back of increased loans ...
News
Tanzania: Access to Credit Still a Challenge, Says Mwigulu Nchemba
The Finance and Planning minister, Mwigulu Nchemba, has said that regardless of the major development made in the banking sector for the past ...
Ghana
Ghana: AfDB Extends $40m Grant to Development Bank Ghana
The Board of Directors of the African Development Bank (AfDB) Group has approved a grant of $40 million from the African Development Fund ...
Egypt
Egypt edtech Educatly raises a $1M pre-Seed round
Egypt edtech Educatly has raised a $1 million pre-Seed round from Enterprise Ireland, Falak Startups, and several other angel investors. This follows its earlier launch in 2020. ...
Liberia
Central Bank of Liberia to Introduce New L$100 Banknotes in December
The Central Bank of Liberia (CBL) will begin introducing the new Liberian dollar currency starting with the 100 Liberian dollar banknote in the ...
News
MTN Rwanda taps Ericsson for network modernisation
Ericsson has been selected by longtime partner MTN Rwanda, to deploy a Network Operations Centre (NOC), as the operator continues on its modernisation ...
News
Nigeria: Opay appoints former FCMB Director, Olu Akanmu as co-CEO
Chinese-owned African fintech startup, OPay, has announced the appointment of former FCMB Executive Director for Retail Banking, Olu Akanmu as the new president/Co-CEO for ...
South Africa
South Africa startup AI-BO on a mission to disrupt the market research space
AI-BO, a research platform that allows businesses to survey their targeted audience through WhatsApp, aims to democratize research by delivering insights and survey ...
Kenya
Kenya: Kwara launches regional offices as it targets thousands of SACCOs across Kenya
Digital banking platform Kwara has announced a regional expansion as part of their rollout across Kenya Kwara has placed permanent regional representatives across Western, ...
News
Tanzania: Bank of Tanzania caps tenure of bank CEOs at 10 years
Long-serving bank chief executives and board members in Tanzania will soon exit their positions after the central bank capped their their tenure at ...