Kenya
Kenya and China Pledge to Strengthen Cooperation for Economic Growth
Kenya is determined to bolster its partnership with China to drive economic growth and development in the country. President William Ruto emphasized the ...
Kenya
Kenya’s Common Reporting Standard (CRS) Enhances Tax Transparency and Access to Offshore Bank Accounts Information
Kenya has taken a significant step towards improving financial transparency and combating tax evasion with the introduction of the Common Reporting Standard (CRS). ...
News
Nigeria: Widening Divergence between Official and Black Market Exchange Rates Raises Concerns in Nigeria
Nigeria is grappling with a significant gap between its official exchange rate and the rates in the parallel market, with the Naira inching ...
Africa
African Development Bank (AfDB) and Asian Development Bank Agree on $1 Billion Exposure Exchange
The African Development Bank (AfDB) has secured approval from its Board of Directors for a significant exposure exchange agreement worth $1 billion with ...
Kenya
Kenya: Smartphone Shortage in Kenya as KRA Intensifies Tax Regulations
Kenyan smartphone vendors are facing challenges as taxation measures and supply shortages impact prices and availability of devices in the market. The Kenya ...
News
Nigeria: NCC to Address Telecom Operators on Poor Coverage in North-Eastern Nigeria
The Nigerian Communications Commission (NCC) has announced its plan to write to telecom operators to address the issue of inadequate network coverage in ...
Kenya
Kenya: Fitch Downgrades Kenya’s Rating to Negative Amid High Debt Repayment Concerns
Global credit rating firm Fitch has downgraded Kenya’s rating from stable to negative, citing concerns over the country’s elevated debt repayment obligations. In ...
Africa
Africa: Visa seeks 20 startups for Africa fintech acceleration program
Visa, a global payments technology company, is now accepting applications for its Visa Africa Fintech Accelerator program specifically for startups in Africa and ...
Africa
Africa: EMTECH releases Web-3 enabled Central Banking Digital Currency Innovation Kit for FinTechs
…EMTECH’s Beyond Cash or (BYDC) is a CBDC Simulator built on Hedera layer 1 protocol with pre-built APIs that simplify the integration of ...
Ghana
Ghana: Inlaks implements Temenos core banking solution for First National Bank
Inlaks, a leading ICT infrastructure and systems integrator in Sub-Saharan Africa has successfully implemented Temenos Transact for First National Bank (FNB), Ghana. Temenos ...