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Innovation
Global: Visa and Tencent Introduce Palm Payment Technology in Singapore
Visa and Tencent have launched a new palm payment pilot in Singapore, enabling Visa cardholders from select banks, including DBS, ...
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Toward a New Impact Narrative for Financial Inclusion
How do financial services impact the lives of poor people? Though the global development community has debated this question for ...
Nigeria, Kenya, South Africa attracted $3.9 billion VC deals in 6 years
613 VC deals valued at $3.9 billion occurred in Africa between 2014 and 2019. Fintechs, information technology firms, and other ...
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AMA
RegTech Africa to Celebrate 50 Trailblazing Women in RegTech at the WIRE 50 Event on International Women’s Day 2025
Honouring the Pioneers and Leaders Shaping the Future of Regulation, Policy, Compliance, and Technology LAGOS, Nigeria, 19th November 2024 /African Media Agency (AMA)/- RegTech ...
AMA
Over 20,000 Flee as Rising Gang Violence Spurs Mass Displacement in Haiti
IOM staff interact with residents, ensuring they have access to necessary information and assistance. Photo Credit IOM 2024 / Antoine Lemonnier GENEVA, Switzerland, 19th ...
News
Global: Meta to Challenge India’s Antitrust Ruling on WhatsApp Data Sharing
Meta Platforms has announced its intention to legally challenge a ruling by India’s Competition Commission (CCI) that imposes restrictions on data sharing between ...
News
Nigeria: NCC Streamlines Telco Tariff Plans for Transparency
The Nigerian Communications Commission (NCC) has significantly reduced the number of tariff options available across mobile network operators (MNOs) to seven, streamlining the ...
News
Nigeria: Monetary Policy Reforms Penalizing Nigeria’s Real Sector
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns about the unintended consequences of Nigeria’s ongoing monetary policy reforms on ...
News
Global: JPMorgan Chase UK Launches First Credit Card Offering
J.P. Morgan’s digital-only bank, Chase UK, has launched its first credit card, marking a significant milestone in its three-year presence in the British ...
AMA
Uganda Development Bank hosts high-level meeting on climate finance at COP 29
Ibrahima Cheikh Diong, Executive Director of Fund for responding to Loss and Damage, delivering the keynote speech BAKU, 18th November 2024 -/African Media Agency ...
AMA
Critical role of information highlighted as Juba residents discuss key political developments
At a recent outreach event organized by UNMISS and peace partners in the Juba neighbourhood of Muniki, residents asked pertinent questions about social ...
News
Nigeria: MTN Nigeria Drives Digital Economy, Contributes 7% to GDP – Karl Toriola
MTN Nigeria, a telecommunications leader, is at the forefront of advancing Nigeria’s digital economy, contributing a remarkable 7% to the nation’s Gross Domestic ...
News
Global: Revolut Secures UK Trading Licence, Expands Investment Offerings
Revolut has transitioned from operating as an Appointed Representative to becoming an authorised investment firm with its own UK trading licence. Since 2019, ...
News
Nigeria: CBN Warns Banks Against Aiding Naira Hawking, Threatens Sanctions
The Central Bank of Nigeria (CBN) has announced its resolve to impose severe penalties on Deposit Money Banks (DMBs) found facilitating the hawking ...
News
Nigeria: UBA Appoints Henrietta Ugboh as Independent Non-Executive Director
United Bank for Africa Plc (UBA) has announced the appointment of Henrietta Ngozi Ugboh as an independent non-executive director, effective 31 October 2024. ...
News
Zambia: Natsave and Airtel Money Unveil Fikiliza Overdraft to Advance Financial Inclusion in Zambia
Airtel Money users in Zambia now have access to an instant overdraft facility through the newly launched Fikiliza service, thanks to a collaboration ...
Nigeria
Nigeria: PenCom Targets Informal Sector with Revamped Micro Pension Plan
The National Pension Commission (PenCom) has unveiled a series of transformative initiatives to expand the reach of its Micro Pension Plan (MPP) and ...
Global
Global: Access Bank UK Acquires Majority Stake in Mauritius’ Afrasia Bank
Access Holdings Plc has announced a significant milestone in its Pan-African expansion strategy. Its UK subsidiary, Access Bank UK, has entered into a ...
Nigeria
Nigeria: Tax Breaks for Nigeria’s Lowest Earners as Fiscal Reforms Aim for Equity
In a landmark move to alleviate the financial burden on Nigeria’s lowest earners, Taiwo Oyedele, Chair of the Presidential Fiscal Policy and Tax ...
Nigeria
Nigeria: Moniepoint Targets Commercial Banking License to Transform Nigeria’s Financial Sector
Moniepoint, one of Nigeria’s leading fintech unicorns, has set its sights on obtaining a commercial banking license from the Central Bank of Nigeria ...
Regulatory
Global: FSB Calls for Enhanced Oversight to Address AI Vulnerabilities
The Financial Stability Board (FSB), an international organization overseeing the global financial system, has emphasized the need for stricter regulatory oversight to manage ...
Regulatory
Global: Fintech Central to UK’s Financial Services Growth Strategy – Chancellor Reeves
In her inaugural Mansion House speech as Chancellor, Rachel Reeves announced plans to position fintech at the core of the UK’s financial services ...
AMA
San Francisco 80 years later: UNDP convenes an international conference of AI private sector leaders from Africa and G7 countries with the G7 Italian Presidency and as part of the Italy-Africa Mattei Plan
SAN FRANCISCO, 14th November 2024 -/African Media Agency (AMA)/- This week, the United Nations’ leading development agency (UNDP) and the G7 Italian Presidency, along with ...
AMA
Sportsbet.io secures another superstar signing with JayPaul
ABUJA, Nigeria, 14 November 2024 -/African Media Agency(AMA)/- Sportsbet.io, the world’s favourite crypto sportsbook, has added another hugely famous ambassador to its growing roster, with ...
AMA
Mama Money Launches WhatsApp Powered Bank Card Available at Pick n Pay
The Mama Money Card costs R99 once-off with a monthly fee of R25 and is available at selected Pick n Pay stores in ...
Africa
Africa: Starlink Gains Approval to Enhance Chad’s Digital Connectivity with Satellite Internet
Starlink, a division of SpaceX, has received approval to launch its high-speed satellite Internet services in Chad, marking a significant step in strengthening ...
News
Africa: UBA and Mastercard Unveil Special Debit Card with Exclusive Benefits for 75th Anniversary
In celebration of its 75th anniversary, United Bank for Africa (UBA) Plc has partnered with Mastercard to introduce a special commemorative debit card, ...
News
Nigeria: 28 Million Nigerians Remain Unbanked, Despite CBN’s Financial Inclusion Gains
The Central Bank of Nigeria (CBN) reported yesterday that over 28 million Nigerians still lack access to formal financial products and services, even ...
