Ghana
Ghana: Enhanced Remittance Experience for Vodafone Cash Subscribers Through New Remitly Partnership
Vodafone Cash has unveiled a strategic alliance with Remitly Inc., a distinguished international money transfer company from Seattle, renowned for its presence on ...
Ethopia
Ethiopia: Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom’s M-Pesa mobile money service has been officially launched in Ethiopia, marking a significant move for the Kenyan telecoms operator as it aims ...
Kenya
Kenya Collaborates with UNDP for Digital ID Support and Introduces “Maisha Namba”
Kenya has entered into a Memorandum of Understanding with the United Nations Development Programme (UNDP) to provide support for the country’s digital identity ...
Africa
New African fraud statistics- Cryptocurrency Fraud Spikes, Deepfake Fraud Emerges, and Forced Verification Alarms
Sumsub, the leading full-cycle verification platform offering customizable KYC, KYB, transaction monitoring, and AML solutions for seamless customer journeys, announces its strengthened presence ...
News
Nigeria: Naira Makes Rebound, Trades at 850 Against Dollar on Parallel Market
The Nigerian naira exhibited a rebound against the United States dollar in the parallel market, concluding at 850/dollar on Wednesday (August 16, 2023). ...
News
Nigeria: Optimus Bank Commences Full Operations, Focusing on Innovation and Financial Inclusion
Optimus Bank Limited, a fully licensed national commercial bank, has officially inaugurated its operations in the country. The bank’s grand opening and formal ...
Kenya
Kenya’s central bank allots licence to 12 new digital loan providers
The Central Bank of Kenya (CBK) has granted licenses to 12 new digital lenders, expanding the count of licensed digital credit providers in ...
News
Nigerian Naira Continues Depreciation as FX Market Conditions Deteriorate
The Nigerian naira is experiencing further depreciation, driven by the persistent pressure on the foreign exchange (Forex) market caused by a sustained shortage ...
Regulatory
SA: SIU Seeks Appeal in Telkom Case After High Court Ruling
The Special Investigating Unit (SIU) is preparing to apply for leave to appeal a recent High Court verdict that invalidated its authorization to ...
Kenya
Kenya: Airtel Money Increase Daily Transaction Limit, Allowing Transactions up to Sh500,000
Airtel Money customers can now enjoy an expanded financial scope, as the mobile money provider has received regulatory approval from the Central Bank ...