Africa
Tunisia: Moody’s Downgrades Four Tunisian Banks’ Ratings and Maintains a Negative Outlook
Moody’s Investors Service (Moody’s), on October 20, 2021, downgraded the long-term bank deposit ratings to Caa1 from B3 of four Tunisian banks: Amen ...
Africa
West Africa: EBID Appoints Dr. Ashimolowo As New Vice-President Operations
The 75th Meeting of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), held on 1st October 2021, at ...
News
Central Bank Pumps N200 Billion into Healthcare Sector, Says Emefiele
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has said the apex bank has earmarked N200 billion to support the healthcare sector ...
Africa
Eswatini suspends Facebook access as protests intensify
The Southern African kingdom of Eswatini has ordered mobile operators to suspend access to Facebook and its messenger app, after pro-democracy protests against ...
Innovation
Nigeria: FirstBank Partners NIBSS to Drive Digital Payment With NQR
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with Nigeria Inter-Bank Settlement System Plc ...
Innovation
Nigeria: Appzone Launches Next Generation Payment Infrastructure for Africa on Blockchain
Appzone Group, sub-Saharan Africa’s leading fintech software company has announced the launch of Zone, the continent’s first blockchain platform for payment processing that ...
Startup
Uganda Green Enterprise Finance Accelerator inviting SMEs offering clean energy services
The Uganda Enterprise Finance Accelerator is fully funded by the EU Uganda delegation Green businesses operating in Uganda are urged to apply for ...
News
Nigeria: NDIC to collaborate with bankers’ committee, others to tackle cybercrimes
The Nigeria Deposit Insurance Corporation (NDIC) is in collaboration with the bankers’ committee and other government agencies to check the increasing impact of ...
South Africa
SA startup SweepSouth to expand further across Africa
SweepSouth expanded into Kenya in 2020, and began operation in Nigeria this month South Africa startup SweepSouth has announced its intent to expand further across ...
News
Nigeria: CBN says Nigerian banks are stable, resilient as NPL ratio drops
The Central Bank of Nigeria (CBN) has assured that deposit money banks in the country have remained stable, robust and resilient despite the ...