Africa
Africa: Federal Government Calls for Regional Collaboration to Boost AfCFTA Success
The Federal Government has urged West and Central African countries to foster collaboration for the successful implementation of the African Continental Free Trade ...
Nigeria
Nigeria: Money Market Rates Surge Amidst Liquidity Drop, CBN Touts Reform Impact
Money market rates experienced a spike as liquidity dwindled significantly in Nigeria’s financial system, driven by escalating inflation conditions. The surge in short-term ...
Africa
pawaPass Partners with Mchezo to Facilitate $2 Million Share Distribution to betPawa Customers
Kigali, Rwanda. Thursday, 9th November, 2023. pawaPass, a regtech platform providing user verification and compliance solutions for African businesses, has forged a landmark partnership ...
Ghana
Ghana Records Decrease in Inflation Rate to 35.2%
Ghana’s consumer inflation rate showed a decline, reaching 35.2% year-on-year in October, down from 38.1% in September, as reported by the statistics service ...
News
Nigeria: AfDB Set to Inject $618m into Nigeria’s Creative Industry
The African Development Bank (AfDB) has revealed plans to allocate $618 million for the execution of Nigeria’s Digital and Creative Enterprise Program, aiming ...
News
Nigeria: NDIC Announces N61.63bn Payout to Depositors of 20 Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) confirmed on Monday that depositors, creditors, and shareholders of 20 liquidated banks are set to receive approximately ...
News
Nigeria: Federal Government Encourages IT Agencies to Address Technology Challenges
The Federal Government has urged leaders of information and communication technology agencies and professionals in the sector to establish a robust standard framework ...
Ghana
Ghana to Strengthen AML/CFT Measures in Fintech Ecosystem
Ghana is set to introduce a locally-based sanction list to strengthen its fintech landscape and curb financial crime. The initiative is a collaboration ...
Africa
Afreximbank Achieves Milestone with $1 Billion in Deals at IATF
The African Export-Import Bank (AfreximBank) has successfully concluded deals totaling approximately $1 billion with various organizations across the continent during the third Intra-African ...
Nigeria
Addressing Concerns: Stakeholders Advocate for Reform in Banking Sector Amid High Charges
Stakeholders at the recently concluded International Accountants’ Day have voiced concerns about the exorbitant charges levied by banks, prompting a collective call for ...