Africa
DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies
This brings a total of US$1.15 billion for investments on the continent Development Partners International (DPI) (www.DPI-llp.com), a premier investment firm focused on ...
Africa
Interswitch and Interstellar Inc. Enter Strategic Partnership to Develop Blockchain-powered Infrastructure Services and Solutions.
The Interswitch Group (“Interswitch”), Africa’s leading Integrated Payments and Digital Commerce Solutions company, and Interstellar Inc.(“Interstellar”), an Enterprise Blockchain Infrastructure Services Company, are ...
News
CBN decries Nigeria’s N617.3 billion financing gap for MSMEs
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has revealed that the financing gap for Micro, Small and Medium Enterprises ...
Nigeria
Nigeria: VertoFX closes $10,000,000 Series A round to make cross border payments more efficient
Referred to as a frictionless payment gateway, VertoFX has closed a $10,000,0000 Series A funding round with Quona Capital as the lead investor. ...
Intelligence
Nigeria: Domiciliary account balances estimated at $16 billion
We assumed an official exchange rate of N410/$ based on NAFEX rate used at the Investor and Exporter window. Nigeria has an estimated ...
News
Nigeria: Fintechs are going to be bigger than the banks -Ex-CBN gov, Sanusi
The former governor of the Central Bank of Nigeria (CBN) Lamido Sanusi, has said he believes financial technology startups in Nigeria will become ...
Regulatory
Zimbabwe: ZSE Suspends Cassava Smartech
The Zimbabwe Stock Exchange (ZSE) has suspended Cassava Smartech Zimbabwe shares for failure to publish financial results within the expected timeframe. In an ...
News
Nigeria: Fitch Ratings affirms FCMB’s IDR at ‘B-‘ with a positive outlook
Fitch Ratings has affirmed First City Monument Bank (FCMB) Long-Term Issuer Default Rating (IDR) at ‘B-with a stable outlook. This is according to ...
News
Nigeria: We’re working towards capturing identifications of all Nigerians by 2022 — NIMC
The Director-General, National Identity Management Commission, Abubakar Aziz, has said that the agency was working towards registering all Nigerians in 2022. He assured ...
Ghana
Ghana: Mobile money far surpassed cheque transactions by massive ¢522.9 billion in 8 months
Ghana mobile money transactions for the first eight months of this year far exceeded cheque transactions by a massive ¢522.9 billion. This is ...