Africa
Ivory Coast: Jumo, Mansa, and MTN to scale SME loans
South Africa-based Jumo partners with MANSA Bank and MTN to provide loans to entrepreneurs and small businesses in Ivory Coast. Mobile money is ...
Regulatory
Rwanda: Central Bank Warns Against Unlicensed Financial Service Providers
The National Bank of Rwanda (BNR) has warned the public against dealing with financial service providers that are not licensed to operate in ...
Nigeria
Nigeria: CBN asks Nigerians to open e-Naira wallets
The Central Bank of Nigeria (CBN) has said the e-Naira which would be launched on October 1, 2021, is a form of payment ...
South Africa
SA: iiDENTIFii wins best enterprise solution at the 2021 MTN App of the Year awards
In its 10th year, the MTN Business App of the Year Awards 2021 awarded South African technology company iiDENTIFii, the Best Enterprise Solution ...
Startup
Uganda: GnuGrid raises $612k seed round as it pivots into fintech space
Ugandan startup gnuGrid has increased the size of its seed funding round to US$612,500 as it pivots its product offering to move into ...
News
Nigeria: FITC/NIBSS Hosts ThinkNnovation Conference on Post-Covid Cybersecurity Risks and how Organizations can Build Resilience and Drive Business Growth
Cybersecurity threats to organizations heightened in the Covid-19 era due to the unprecedented rise in digitization across all sectors of the economy, including ...
News
Nigeria: CBN to Okay Legitimate FX Demand Exceeding Approved Cap – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the apex bank will consider approving foreign exchange ...
Intelligence
Kenya: Remittances to Kenya shrink 7.1 per cent in August
Despite the monthly drop, this is a 14.2 per cent increase when compared to the same period last year. Diaspora remittances sent into ...
Nigeria
Nigeria: Infibranches secures $2 million from shell backed All On
Infibranches, a company on a mission to bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria, has secured a ...
Africa
Orange taps Ericsson to accelerate financial inclusion in Africa
Orange Middle East and Africa has picked Ericsson in a strategic partnership to ramp-up its pan-African mobile money service, Orange money. Through the ...