Absa Group has selected global payments infrastructure provider Thunes as a strategic Multicurrency Clearing (MCC) partner as the financial services group expands its ...

Nigeria’s telecommunications sector increased its contribution to the country’s gross domestic product (GDP) to 9.72 per cent in the second quarter of 2026, ...

The Nigeria Inter-Bank Settlement System (NIBSS) has recorded more than 100 million successful transactions on its National Payment Stack (NPS), marking another milestone ...

Nigerian Exchange Group (NGX Group) and the Nairobi Securities Exchange (NSE) are advancing efforts to strengthen cross-border collaboration, with stakeholders from Nigeria and ...

Kenya is set to strengthen digital connectivity along its Indian Ocean coastline following the launch of the LuLu Coastal Cable System, the country’s ...

Nigeria’s data-centre infrastructure has sufficient capacity to support the Central Bank of Nigeria’s (CBN) new payment-data localisation requirement, according to industry executives and ...

Bank of Ghana (BoG) Governor Dr Johnson Pandit Asiama has disclosed that he resigned from the Board of Directors of the Ghana Gold ...

Rising damage to fibre-optic infrastructure is putting increasing pressure on Nigeria’s digital economy, disrupting communications, digital payments, business operations and other services that ...

The US Federal Reserve is advancing plans to enable participants in its FedNow real-time payments system to support cross-border payment transactions, potentially extending ...

AI-powered sales tax compliance platform Numeral has raised $100 million in a Series C funding round led by Insight Partners, with participation from ...

Seven UK banks have completed live pilot transactions using tokenised deposits, testing how commercial bank money can be moved across digital networks and ...

Remita has launched a new mobile application designed to allow users to manage multiple bank accounts, make payments and access a range of ...

Africa must strengthen the payment systems, border infrastructure and other systems needed to help businesses fully benefit from the African Continental Free Trade ...

Dar Ventures, the venture capital arm of design and engineering firm Dar, has partnered with Plug and Play, a global open innovation and ...

The Bank of Ghana (BoG) has maintained its monetary policy rate at 14 per cent, extending its rate hold to a third consecutive ...

Treasury bill stop rates fell sharply across all three maturities at Wednesday’s primary market auction, declining by between 70 and 80 basis points ...

The Central Bank of The Gambia (CBG) has directed commercial banks to replace non-Gambian employees who are not covered by approved expatriate quotas, ...

KCB Group, Kenya’s largest commercial bank by assets, is set to acquire a 22.23% stake in Kenyan payments company Pesapal, giving the lender ...

Kenya is proposing new minimum capital requirements of up to KES 250 million ($1.93 million) for payment companies, a move that could raise ...

The Securities and Exchange Commission (SEC) has directed all public companies and significant public-interest capital market operators to submit implementation plans for adopting ...