Africa
Malawi: RBM’s Monetary Policy Committee Maintains Policy Rate At 12.0 Percent
At its 4th meeting of 2021 held on November 2-3, the Monetary Policy Committee (MPC) of the Reserve Bank of Malawi (RBM) maintained ...
Africa
Helios and InfraCo launch climate-focused Africa investment vehicle, CLEAR
The investment vehicle looks to ultimately raise $350 million for sustainable infrastructure and businesses InfraCo Africa and Helios Investment Partners (Helios) are partnering to establish a ...
Egypt
ITIDA, PepsiCo Egypt partner to expand regional shared services through the Cairo center
This 3-year agreement will increase Egyptian exports in IT products and services The Information Technology Industry Development Agency and PepsiCo Egypt just signed a ...
Kenya
Kenyan edtech startup Craydel raises Sh111.7 million to expand in Africa
Kenyan education technology startup Craydel has announced it has raised Sh110 million ($1 million) to expand outside of Kenya to serve more students ...
Kenya
Kenya: Banks’ bad loans rise to Sh441 billion in August – CBK
Defaults in the Kenyan banking industry rose to Sh441.8 billion in the eight months to August, reversing a decline in the non-performing debt ...
Intelligence
Nigeria: MTN loses 7.5m subscribers over SIM card regulations, pays N73.3b tax in H1
The Federal Government of Nigeria’s Subscriber Identification Module (SIM) card regulation has cut off about 7.5 million subscribers year-on-year (YoY) for the quarter ...
News
Nigeria: NCC awards N20m grant to four startups
The Nigerian Communications Commission has awarded N20 million grant to four Nigerian tech startups. This is in furtherance of its commitment to encourage ...
Nigeria
IdentityPass secures $360,000 Pre seed Funding to change digital identity verification experience across Africa
Identitypass, a Nigerian digital compliance and security company, which delivers seamless identity verification solutions to businesses in Africa has today secured $360,000 in ...
Nigeria
Nigeria: CBN Caps Loan at N5bn in New ‘100 for 100’ Policy
The Central Bank of Nigeria (CBN) has set a maximum threshold of N5 billion to be accessed by an obligor under its new ...
Innovation
Nigeria: First Bank Unveils Fully Automated Self Service Branch
First Bank of Nigeria Limited, has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre. The bank in ...
