Africa
Africa: MTN Group Announces New Digital & FinTech CFO
MTN Group has announced the appointment of Adekunle Awobodu as its new Chief Financial Officer for Digital and Fintech. According to a statement ...
Morroco
Morocco: B2B e-commerce startup Chari raises $5M funding
YC-backed Morocco B2B e-commerce startup Chari has closed a $5 million seed funding raising its valuation to $70 million. Founded in 2020 by Sophia Alj and Ismael Belkhayat Chari ...
Ghana
Ghana: SEC explains modalities in paying locked-up funds to customers
The Deputy Director-General in charge of Legals at the Securities and Exchange Commission (SEC) Ghana, Mrs Deborah Muwusi Agyemfra has explained that institutions, ...
Africa
Africa: Payday secures $1 million pre-seed fund to build “Paypal for Africa”, eyes Rwanda as its African HQ
Payday, an African fintech startup has secured a one million dollars pre-seed fund to continue with its efforts to enable swift global payments ...
Africa
Africa: Regulation Key to African Fintech Sector Growth — New Study
According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. ...
News
Nigeria: $15bn judgment debt: S’Court adjourns for ruling on FGN, UBN appeal
The Supreme Court has adjourned the suit involving Federal Government, Central Bank of Nigeria, CBN and Union Bank and Petro Union for ruling. ...
News
Nigeria: AfCFTA has the potential to lift over 100 million Africans out of poverty – CBN
The Central Bank of Nigeria (CBN) has stated that the African Continental Free Trade Area (AfCFTA) has the potential to lift over 100 ...
Nigeria
Nigeria: SEC approves MTN Nigeria’s N89.99bn series II bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate Bond (Series II ...
News
Tanzania: The Bank of India Lost Appeal On 600m/ – Loan Payment Default
THE Bank of India (Tanzania) Limited has lost the appeal challenging the refusal by the High Court’s Commercial Division to order her three ...
Egypt
Egypt Inks Deal With Ihs Towers to Build Communication Towers
Egypt has signed a partnership agreement with IHS Netherlands GCC B.V, IHS Netherlands EGY B.V and IHS Holding Limited (“IHS Towers”) to build ...