Africa
Ghana and Rwanda Strengthen Fintech Collaboration with Licence Passporting and Cross-Border Payments
The Bank of Ghana and the National Bank of Rwanda have formalized a strategic partnership aimed at advancing fintech integration through licence passporting ...
Fintech
Ghana Set to Launch e-Cedi in 2025, Aiming for Financial Inclusion and Digital Payment Efficiency
After years of development and delays, Ghana is finally preparing to roll out its central bank digital currency (CBDC), the e-Cedi, in 2025. ...
Nigeria
Nigeria: CBN Strengthens Regulatory Oversight to Enhance Financial Stability
The Central Bank of Nigeria (CBN) has reinforced its regulatory and compliance framework to bolster the resilience, transparency, and stability of the nation’s ...
Nigeria
Nigeria: CBN Set to Offer N650bn Nigerian Treasury Bills for Subscription
The Central Bank of Nigeria (CBN) is set to conduct a primary market auction (PMA), offering N650 billion worth of Nigerian Treasury Bills ...
Fintech
Uganda: MTN Group Fintech and Paysky Launch Market by MoMo to Transform Uganda’s E-Commerce Landscape
MTN Group Fintech, in collaboration with Paysky, has introduced Market by MoMo, a revolutionary e-commerce platform designed to enhance digital trade for Ugandan ...
Nigeria
Nigeria: Naira Strengthens Slightly as CBN Pauses FX Interventions
The Nigerian naira recorded a modest gain against the US dollar in local currency markets, following a temporary halt in foreign exchange (FX) ...
Nigeria
Nigerian Diaspora Remittances Exceed $90 Billion in Five Years, Driving Economic Growth
Over the past five years, Nigerians in the diaspora have remitted more than $90 billion, playing a vital role in economic development and ...
Madagascar
Madagascar Secures $101 Million IMF Funding to Bolster Economic Stability
Madagascar has successfully secured a $101 million loan from the International Monetary Fund (IMF) following the completion of the 2024 Article IV consultation. ...
Africa
Nigeria: Interswitch Leads AI Adoption to Drive Workforce Evolution and Economic Growth
Interswitch Group, a leading player in Africa’s payments and digital commerce sector, is reinforcing the transformative role of Artificial Intelligence (AI) in shaping ...
Fintech
Flutterwave Secures Payment System License in Zambia, Strengthening Digital Payment Solutions
Flutterwave has taken a major step forward in its African expansion strategy by securing a Payment System License from the Bank of Zambia. ...