Africa
New West Africa ECO Currency set to suffer more delays
A plan to launch a new currency to replace the CFA franc used by several countries in West Africa may not happen for ...
Rwanda
Rwanda – Local Banks Cut Back on ATMs in Favour of Agency Banking
Rwandan banks are reducing the number of ATMs across the country with some opting to roll out agency banking instead. According to the ...
Zimbabwe
Mobile operators in Zimbabwe had over “500% losses” due to currency crisis
The Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) released the abridged sector performance report for Q2 2020. The effects of the COVID-19 pandemic were ...
South Africa
How SMEs can leverage ecommerce to grow their business in South Africa
Leveraging ecommerce – The key to grow your micro or small business In the South Africa of about 15 years ago, total retail ...
Nigeria
Financial Inclusion – Unbanking the Banked in Nigeria
Nigeria has over 200 million populations, according to Worldometer, and an adult population of 99.6illion (18 years and above). About 39.5 million banked ...
Kenya
Kenya unveils first diaspora investment fund
Kenya has introduced its first licensed investment fund for citizens living overseas, in a move that is expected to channel more of the ...
Africa
Rack Centre set to create West Africa’s largest data centre in $100m expansion
Leading carrier neutral data centre operator in West Africa, Rack Centre, has announced an expansion programme that will increase capacity to a total ...
Africa
China is pushing its currency into Africa through fintech partnerships
On September 9, UnionPay International announced a partnership with Interswitch East Africa, the regional business of the Nigerian-based Interswitch Group. Under the partnership, ...
Kenya
Kenya’s Banking Giants Lift Lending Provisions in H1
Equity and KCB both lifted provisions in the first six months of 2020 to brace with the harsh economic environment that has severely ...
Nigeria
14m records so far received from Identity Database harmonisation process – NIMC
Mr Aliyu Aziz, the Director-General, National Identity Management Commission (NIMC), said, the commission was able to collate 14 million data from other government ...
