Africa
Egypt: The Central Bank of Egypt issues new rules for licensing digital banks
Each digital bank has to submit a detailed feasibility study The Central Bank of Egypt (CBE) has introduced new rules for licensing and ...
Ghana
Ghana: Letshego names Nii Amankra Tetteh Ghana Country CEO
The Board of Letshego Ghana (Letshego Ghana Savings and Loans PLC), a subsidiary of the pan-African inclusive finance Group, Letshego (Letshego Holdings Ltd) ...
News
South African President Launches Huawei Innovation Centre, Paving the Way for Digital Advancements
On July 13, South African President Cyril Ramaphosa inaugurated the Huawei Innovation Centre in Woodmead, Johannesburg, marking a pivotal moment in the country’s ...
Angola
Angola Collaborates with Dell to Accelerate Digital Administration Reforms
In a bid to expedite its digital administration reforms, the Angolan government has joined forces with tech giant Dell Technologies. The Administrative Modernization ...
News
Global: Indonesia Set to Launch National Crypto Exchange in July- Report
The Indonesian government is making progress in its plans to establish a national cryptocurrency exchange and is preparing to launch the platform in ...
Africa
Africa: IMF Emphasizes Robust Policy Framework for Intra-African Trade Success
The International Monetary Fund (IMF) has highlighted the significance of a robust policy framework that ensures macroeconomic stability and fosters a favorable business ...
News
Nigeria: Naira Gains Ground, Exchanges at 793.70/$ on I&E Forex Window
The Nigerian naira showed signs of appreciation against the United States dollar on the Investor & Exporter (I&E) forex window, closing at 793.70/$ ...
News
Nigeria: FIRS Records Historic N5.5 Trillion Tax Revenue in First Half of 2023
The Federal Inland Revenue Service (FIRS) has achieved a remarkable milestone, announcing a record tax revenue collection of N5.5 trillion for the first ...
News
Zambia: AfDB Commits $150 Million Budget Support to Zambia After Successful Debt Restructuring
The African Development Bank Group (AfDB) has announced its commitment to provide approximately $150 million in budget support to Zambia following the successful ...
Kenya
Kenya: IMF Approves $1 Billion Loan to Kenya Amid Growing Debt Concerns
Kenya is grappling with a challenging economic situation characterized by unsustainable borrowing, rising debt servicing costs, and limited revenue generation. Despite widespread criticism ...