Nigeria
Nigeria: PenCom Provides Update on Private Sector Compliance in Q2 2024
The National Pension Commission (PenCom) has released its report on private sector compliance with the Contributory Pension Scheme (CPS) for the second quarter ...
News
Nigeria: IMF Urges Nigeria to Prioritize Expanding Tax Revenue
The International Monetary Fund (IMF) has called on the Nigerian government to implement a more effective tax collection system to expand its revenue ...
News
Nigeria: New Non-Resident BVN Platform to Ease Banking for Nigerians Abroad
The Nigerian Inter-Bank Settlement System (NIBSS) is set to launch a new platform for non-resident Nigerians in December 2024, making it easier for ...
Egypt
Egypt: Sawari Ventures to Boost African Startups with $200 Million Fund
Egypt-based venture capital firm, Sawari Ventures, is gearing up to launch its second fund, Sawari Ventures II, in early 2025, targeting a $200 ...
News
Nigeria: Interbank Rates Decline as FAAC Inflows Boost System Liquidity
Interbank rates in Nigeria’s money market have dropped following liquidity injections from the Federal Account Allocation Committee (FAAC), which eased pressures on the ...
Regulatory
Zimbabwe Mandates PoS Machines for Businesses to Curb Unfair Practices
Zimbabwe has intensified efforts to ensure that businesses comply with regulations mandating the use of point-of-sale (PoS) machines, as part of a broader ...
Nigeria
Nigeria: FG’s October 2024 Bond Auction Oversubscribed by N109bn
The Federal Government’s October 2024 bond auction has been significantly oversubscribed by N109 billion, reflecting strong investor confidence despite economic challenges. According to ...
Regulatory
Zimbabwean Telcos Adjust Tariffs as Currency Devaluation Escalates Operational Costs
Telecommunications companies in Zimbabwe are adjusting their tariffs to offset rising operational expenses caused by currency devaluation and inflation. Industry experts have pointed ...
Africa
Africa: Kenya and Egypt Dominate African Start-up Funding Landscape in 2024
Kenya and Egypt have solidified their positions as Africa’s top start-up funding destinations, collectively securing 75% of all investments in the third quarter ...
News
Nigerian Government Partners with Ericsson to Accelerate 5G Connectivity
As Africa’s most populous nation, Nigeria represents over 15% of the continent’s population, making its collaboration with Ericsson pivotal in advancing digital transformation ...