Nigeria
Nigeria: CBN Directs Banks to Sell Excess Dollars by February 1 to Stabilize Exchange
The Central Bank of Nigeria (CBN) has issued a circular instructing Deposit Money Banks to divest their surplus dollar holdings by February 1, ...
Angola
Angola Urges Insurance Companies to Boost Agricultural Insurance Investments
The Finance Minister of Angola, Vera de Daves de Sousa, has called on insurance companies in the Angolan market to explore effective mechanisms ...
Regulatory
Tanzania: TCRA Introduces Tanzanite Portal for Streamlined Communication Services Licensing
Tanzania Communications Regulatory Authority (TCRA) has achieved a significant milestone with the launch of the Tanzanite Portal system, marking a new era of ...
News
Reserve Bank of Zimbabwe’s Auction System Boosts Industrial Production, says Confederation of Zimbabwe Industries
The Confederation of Zimbabwe Industries (CZI) has reported that businesses benefiting from the Reserve Bank of Zimbabwe (RBZ) auction system have experienced enhanced ...
Ghana
Ghana: Mobile Money (MoMo) Agents Must Link Accounts to Ghana Cards by February 1 – Telcos Chamber Issues Warning
The Ghana Chamber of Telecommunications has issued a stern warning that all Mobile Money (MoMo) agents failing to link their accounts to Ghana ...
Nigeria
Nigeria: CBN Successfully Clears Airlines’ Forex Backlog with Additional $64.44 Million Payment
The Central Bank of Nigeria (CBN) has fulfilled its commitment to address the backlog of foreign exchange owed to foreign airlines operating in ...
Africa
Africa: AUTO24 Expands Presence in Africa with Acquisition of Tanzania’s Kupatana
AUTO24.africa, a certified used car marketplace backed by Africar Group and supported by Stellantis, has further strengthened its foothold in Africa through the ...
Cameroon
Cameroon: IMF Greenlights $183.4 Million Funding to Boost Cameroon’s Climate Resilience
The International Monetary Fund (IMF) has granted approval for an 18-month arrangement to provide Cameroon with financial assistance under the IMF Resilience and ...
Nigeria
Nigeria: CBN Issues Warning Against Financial Market Manipulation by Banks
The Central Bank of Nigeria (CBN) has issued a stern warning to deposit money banks, cautioning them against engaging in financial market manipulation ...
News
Nigeria: Federal Government Embarks on Extensive Digital Transformation Initiatives
Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, has reaffirmed the Federal Government’s commitment to digitize its processes, aiming to ...
