The Central Bank of Kenya (CBK) has officially lifted its 10-year moratorium on the licensing of new commercial banks, signaling a renewed phase ...

In October 2024, Nigerian food supply and logistics startup Vendease officially ceased operations in Ghana, just a year after entering the market. Despite ...

South African fintech innovator Stitch has secured $55 million in its latest funding round, reinforcing its mission to revolutionize Africa’s payments infrastructure with ...

Nigeria’s top financial institutions are reshaping the future of banking with record earnings from electronic payments, generating a combined ₦674 billion ($419.7 million) ...

Nigeria is charting a bold course to position itself at the forefront of Africa’s digital transformation, with a strategic focus on artificial intelligence ...

Wema Bank PLC has unveiled a significant capital raising initiative, launching a N150 billion Rights Issue as part of its strategy to meet ...

Amid a sharp contraction in global venture capital funding, Africa-focused fintech giant OPay has defied the odds, reaching a valuation of $2.75 billion, ...

Nigeria’s Securities and Exchange Commission (SEC) has sounded a stern warning to investors, declaring that any digital asset or investment platform not registered ...

Nigeria’s Securities and Exchange Commission (SEC) has paused the issuance of new provisional licences under its Accelerated Regulatory Incubation Programme (ARIP), citing the ...

In a bold move aimed at expanding digital access and promoting financial inclusion, the Government of Ghana has launched a strategic initiative to ...