News
Nigeria: CBN Raises Interest Rates on Treasury Bills Amid Strong Investor Demand, Falls Short on Allotment
The Central Bank of Nigeria (CBN), in collaboration with the Debt Management Office (DMO), has increased interest rates on Nigerian Treasury Bills (NTBs) ...
Fintech
Morocco’s PayTic Secures $4.4M to Scale Compliance-Driven SaaS Platform for Payment Operations Across MEA
PayTic, a rising RegTech startup based in Morocco, has raised $4.4 million in fresh funding to bolster its compliance automation platform and expand ...
Fintech
Nigerian Banks Invest ₦269 Billion in Tech Upgrades Amid Rising Fintech Competition and Regulatory Pressure
In a bold move to modernize operations and stay ahead in an increasingly digital financial ecosystem, six major Nigerian banks collectively spent ₦268.7 ...
Liberia
Internet Disruption in Liberia Traced to ACE Submarine Cable Damage
Liberia has been experiencing persistent Internet disruptions, and the root cause has now been identified—a critical fault in the Africa Coast to Europe ...
Innovation
Kenya Unveils First Crypto Regulation Bill to Govern ICOs, Stablecoins, and Digital Asset Platforms
In a landmark move signaling a shift in its digital finance strategy, Kenya has introduced its first comprehensive legislation to regulate the cryptocurrency ...
Nigeria
Nigeria: CBN Deploys $669 Million in Q1 2025 to Stabilize Naira Amid Forex Market Pressures
In a bold effort to shield the Naira from further volatility, the Central Bank of Nigeria (CBN) intervened in the foreign exchange (FX) ...
Innovation
Airtel Zambia and IHS Towers to Invest $14M in Network Expansion, While MTN and Huawei Advance 5G Innovation
In a major boost for Zambia’s digital infrastructure, Airtel Zambia, in collaboration with global telecom infrastructure provider IHS Towers, has announced a joint ...
Africa
Africa’s Digital Payments Market Projected to Hit $1.5 Trillion by 2030 — Mastercard Report
Africa’s digital payments ecosystem is on course to reach a staggering $1.5 trillion by 2030, propelled by rapid internet adoption, expanding financial inclusion, ...
Fintech
Global: JP Morgan Set to Secure Merchant Banking License in Nigeria, Accelerates African Expansion
Global banking leader JP Morgan is reportedly advancing plans to transform its Lagos representative office into a fully licensed merchant banking operation, signaling ...
Nigeria
Nigeria: ISA 2025 Set to Accelerate Economic Growth and Capital Market Innovation — SEC
The Securities and Exchange Commission (SEC) has described the upcoming Investments and Securities Act (ISA) 2025 as a transformative legislative framework poised to ...