News
Nigeria: Guaranty Trust Bank Teams Up with Infosys Finacle for Multi-Country Digital Banking Transformation
Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc in Nigeria, has announced its selection of the Finacle Digital ...
News
Nigeria Faces Internet Accessibility Gap with Over 27 Million Unconnected
New data from the Universal Service Provision Fund (USPF) reveals that over 27.1 million Nigerians currently do not have access to the internet. ...
Mozambique
Mozambique: Bank of Mozambique Keeps Interest Rates Unchanged Amid Economic Uncertaintie
The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Friday, has chosen to maintain the Bank’s primary interest ...
Ghana
Ghana: Mobile Money Transactions Reach ¢1.190 Trillion in First Eight Months of 2023 – BoG Reports
According to the September 2023 Summary of Economic and Financial Data released by the Bank of Ghana (BoG), the total value of Mobile ...
News
Tanzania Aims to Extend Financial Education to 80% of Its Population by 2025
The Tanzanian government has announced its commitment to providing financial education to 80% of its citizens by 2025. Joseph Olomi, Vice Chairman of ...
Ghana
Ghana: Bank of Ghana Keeps Policy Rate Steady at 30%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has opted to maintain its key lending rate to commercial banks without ...
Africa
Africa: AfDB and Google Join Forces for Digital Transformation in Africa
The African Development Bank (AfDB) and Google have formalized a collaboration with the goal of advancing digital transformation across Africa. This strategic partnership ...
News
Nigeria: CBN and Partners Set to Host Second International Financial Inclusion Conference in October 2023
The highly anticipated second edition of the International Financial Inclusion Conference (#IFIC2023), Nigeria’s premier financial inclusion event, is scheduled to take place on ...
News
Nigeria: Crypto Usage on the Rise in Nigeria Amid Economic Challenges, Reports Chainalysis
Cryptocurrency adoption is on the upswing in Nigeria, as the country grapples with a depreciating currency and surging inflation, according to a report ...
Nigeria
Nigerian Government Takes Initiatives to Enhance Fintech Funding and Regulatory Environment
In an effort to bolster the presence of fintech companies in the stock market and leverage their fundraising potential to enhance liquidity, the ...