Kenya
Kenya: Mastercard and Equity Bank Forge Alliance to Boost Cross-Border Payments in Kenya
Mastercard, a leading global payments company, has entered into a strategic partnership with Equity Bank, a top financial services provider based in Nairobi. ...
Ghana
Ghana: BoG Governor Praises IMF Partnership Amid Economic Improvements in Ghana
Dr. Ernest Addison, Governor of the Bank of Ghana, has articulated a positive outlook for Ghana’s economic future, bolstered by ongoing cooperation with ...
Ghana
Ghana: Stability in Ghana’s Foreign Exchange Reserves Amid Economic Policies, Says BoG Governor
Ghana’s foreign exchange reserves have shown resilience and growth, supported by an improving current account balance, as per Dr. Ernest Addison, Governor of ...
News
Nigeria: CBN Reduces Interest Rates on 1-Year Treasury Bills by 42.4 Basis Points to 20.7%
In a recent development on April 12, 2024, the Central Bank of Nigeria (CBN) conducted a Treasury bills auction where it successfully sold ...
News
Sierra Leone Advances Digital Transformation with Focus on Digital ID
Sierra Leone is actively advancing its digital transformation agenda, centering its efforts around a MOSIP-based foundational identity system, according to a senior official ...
News
South Africa’s Telecommunications Sector at a Pivotal Juncture
South Africa’s telecommunications industry is currently at a critical juncture, faced with the dual task of driving progress while navigating persistent challenges. The ...
Nigeria
Nigerian Startups Spearhead Investment Surge in Africa During Q1 2024
According to a recent analysis by Africa: The Big Deal, Nigerian startups have taken the lead in securing investments across Africa, amassing $160 ...
Kenya
Kenya: New 20% Excise Duty on Digital Lenders Threatens Financial Inclusion in Kenya
The implementation of a 20% excise duty on digital lenders as part of Kenya’s Finance Bill 2024 is causing significant concern among fintech ...
Kenya
Kenya’s ICT Ministry Pushes for New Digital ID and AI Regulations
Eliud Owalo, Kenya’s Cabinet Secretary for Information and Communication Technology, has announced his ministry’s initiative to propose new legislation aimed at regulating the ...
News
Nigeria: Escalating Transfer of Pension Funds Out of Nigeria Amidst Market Instability
Recent financial turbulence in Nigeria’s foreign exchange market has triggered a significant shift in pension fund management. Pension managers with foreign affiliations are ...