Africa
5G subscriptions to top 70 million in Sub-Saharan Africa by 2026
Two reports have been unveiled which together, forecast the post-pandemic world and the future of 5G in Sub-Saharan Africa and worldwide. The recently ...
Africa
AfCFTA: Payment and settlement system to save Africa $5 billion annually – Sec-Gen
The Secretary-General of the Africa Continental Free Trade Area, Mr Wamkele Mene has revealed that the Pan-African Payment and Settlement System (PAPSS) would ...
Nigeria
Nigeria’s Global Fintech Ranking Plummets to 57th, Lagos falls to 93rd
The 2021 Global Fintech Ranking indicated a fall in Nigeria’s Rank to 57th from 52nd despite its “highest number of fintech startups in ...
Kenya
Nairobi is Top Fintech City in Africa: 2021 Global Fintech Rankings
Nairobi is the city with the largest fintech ecosystem in Africa, according to 2021 Global Fintech Rankings. Kenya’s commercial nerve centre jumped 26 ...
Africa
Rwanda to Host Continental e-Trade Platform
The Africa Union through its department of Economic Development, Trade and Mining on Wednesday chose Rwanda as the continental headquarters for the African ...
Uganda
Bank of Uganda to Oversee Telecoms’ Money Transactions
Airtel Uganda has shifted all its financial transactions to a new company, a move that adheres to the latest regulations in the market, ...
Nigeria
Nigeria’s payment system is ready for the AfCFTA – CBN
The Central Bank of Nigeria (CBN) has boasted of having a resilient payment system that is more than ready for the African Continental ...
Nigeria
NIRSAL guarantees N266.97b bank loans in five years
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has guaranteed N266.97 billion ($648 million) bank loans to different agriculture-focused companies ...
Nigeria
CBN seeks active involvement of financial sector in AfCFTA
The Central Bank of Nigeria (CBN) has called for the active participation of the financial sector in the African Continental Free Trade Area ...
Nigeria
Nigeria: Payhippo to scale up Loans to Small Businesses following pre-seed round
Payhippo has secured $1 million in pre-seed funding and plans to step up where banks aren’t servicing – loans to small businesses. Payhippo’s pre-seed ...
