Africa
Africa: Flutterwave Secures Ghana PSP Licence Following Mozambique Expansion
Flutterwave has recently secured a Payment Service Provider (PSP) licence in Ghana, enhancing its capabilities to deliver seamless and secure money transfers across ...
Africa
Africa: Google for Startups Accelerator Africa Unveils 8th Cohort Focused on AI Innovations
Google for Startups Accelerator Africa has announced its 8th cohort, showcasing 10 pioneering startups from Kenya, Nigeria, Rwanda, and South Africa. These startups ...
Ghana
Ghana Launches Blockchain-Based Credentials and CBDC for Enhancing Global Trade
The Bank of Ghana (BoG) has successfully completed a proof-of-concept (PoC) exploring the use of digital credentials and central bank digital currencies (CBDCs) ...
News
Nigeria: Zenith Bank Shares Drop as Investors React to Capital Raising Plans
Zenith Bank Plc’s market value has experienced a notable decline, falling by over 2% on the Nigerian Exchange (NGX), following the announcement of ...
Kenya
Kenyan Court Nullifies 2023 Finance Bill, Exempting Crypto Exchanges from Digital Asset Tax
Crypto exchanges operating in Kenya have been relieved from paying the Digital Asset Tax (DAT) introduced under the 2023 Finance Act. The 3% ...
Nigeria
Nigeria: Bankers’ Representatives Meet President Tinubu for Clarification on Windfall Levy
On Monday, key figures from Nigeria’s banking sector met with President Bola Tinubu at the State House in Abuja to seek clarification on ...
Kenya
Kenya’s Inflation Rate Declines to 4.3% in July
Kenya’s inflation rate decreased to 4.3% year-on-year in July, down from 4.6% in June, according to data released by the national statistics office ...
Nigeria
Nigeria: NGX Assures Continued Trading Amid Planned Nationwide Protest
Jude Chiemeka, Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX), has addressed concerns regarding potential trading disruptions due to the planned ...
Nigeria
Nigeria: Banks’ Recapitalization: Surge in Foreign Investment, Says Cardoso
Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced significant foreign investment flowing into Nigerian banks as part of the ...
Nigeria
Nigeria Proposes New Bill to Drive Digital Transformation in Public Sector
Nigeria is set to enforce a digital transformation across its public sector with the introduction of the National Digital Economy and E-Governance Bill. ...