Since 2019, West Africa has emerged as a powerhouse in Africa’s start-up ecosystem, attracting $5.8 billion in funding—36% of the continent’s total, making ...
Standard Chartered has launched a Generative AI-powered tool, SC GPT, across 41 markets, enabling over 70,000 employees to enhance operational efficiency and client ...
The Consumer Financial Protection Bureau (CFPB) is set to reverse its stance on Buy Now, Pay Later (BNPL) regulations, retracting an interpretive rule ...
Visa has entered into a referral agreement with virtual card and spend management platform Extend, aiming to enhance digital payment solutions for emerging ...
Nigeria’s money supply experienced its first decline of 2025, dropping to N110.32 trillion in February, down from N110.94 trillion in January, according to ...
The World Bank has highlighted concerns over Nigeria’s statistical performance, emphasizing that the country is lagging behind its aspirational peers, including Mexico, Colombia, ...
Kenyan buy-now-pay-later (BNPL) fintech Lipa Later has officially entered administration as of March 24, 2025, following prolonged financial struggles and unsuccessful fundraising efforts. ...
A recent report by the Digital Financial Services Association of Kenya (DFSAK) reveals that Kenyans borrow approximately $3.85 million (Ksh 500 million) daily ...
Telecommunications leaders MTN Group and Airtel Africa have entered a strategic agreement to share mobile network infrastructure in Uganda and Nigeria. This collaboration ...
Global payment solutions provider dLocal has partnered with Airtel Mobile Money to enhance digital payment accessibility for Google Play users in Kenya. This ...
The new offerings, Sumsub ID and Reusable KYC, enable seamless and secure identity verification across 4000+ Sumsub client platforms while protecting user data ...
HoneyBook, a leading business platform for service-based entrepreneurs, has introduced AI-driven business management tools designed to streamline operations and enhance productivity for small ...
Charm, an AI-driven security platform designed to protect financial institutions and their customers from scams, social engineering, and human-targeted fraud, has emerged from ...
Obi Emetarom, CEO of Zone, is championing the adoption of regulated blockchain technology as a transformative solution for Nigeria’s financial services industry. In ...
PayPal has partnered strategically with Ignyte, a Dubai-based digital platform, to enhance support for startups and small- to medium-sized businesses (SMBs) in the ...
The Central Bank of Nigeria (CBN) is reinforcing its commitment to youth empowerment by expanding access to credit and strengthening capacity-building initiatives. Under ...
Nigeria and other African countries are on track to witness digital payments soar to $1.5 trillion by 2030, propelled by increasing internet penetration ...
Minor Hotels’ guest-facing pivot, supported by a new brand identity, enhanced digital experience, and simplified loyalty and B2B propositions, fuels strategic growth JOHANNESBURG, ...
The Central Bank of the UAE (CBUAE) has imposed financial penalties totaling 2.62 million dirhams ($713,310) on five banks and two insurance companies ...
The U.S. Treasury Department is reportedly drafting new recommendations aimed at strengthening its control over key banking regulators, specifically the Office of the ...
The Federal Government has launched a crackdown on individuals and organizations illegally printing National Identification Number (NIN) cards, warning that offenders will face ...