Kenya
Kenya: CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling and hasn’t reached a ...
News
Nigeria: Wema Bank appoints new Chairman
The appointment is further to the retirement of the current Board Chairman, Babatunde Kasali. The Board of Directors of Wema Bank Plc. (the ...
Nigeria
Nigeria: NCC begins issuance of Mobile Virtual Network Operators’ Licence
As part of measures to expand quality mobile network coverage and bridge the gap between unserved and underserved areas and population in the ...
Egypt
Global: CBE pays $7.154 bln in debts for Egypt
The Central Bank of Egypt (CBE), on behalf of the Egyptian government, paid about US$7.154 billion by the end of the second quarter ...
News
Nigeria: Economy recovered slightly in April – CBN
The Composite Purchasing Managers’ Index rose to 51.1 index points in April 2023 from 42.6 index points in March 2023, according to the ...
News
Nigeria: Access capital market for financing, SEC tells FG
The Director General of the Securities and Exchange Commission, Lamido Yuguda, has called on the governments at different levels to look towards the ...
Kenya
Kenyan edtech Zydii raises pre-seed funding to enter Nigeria and South Africa
Zydii, a Kenyan platform that offers digital training in technical and soft skills useful for the development of businesses and their employees, has ...
News
Nigeria: CBN Debunks Reports of Naira Devaluation
The Central Bank of Nigeria (CBN) has debunked reports that the apex bank devalued the naira to N631/$1 in an effort to unify the exchange ...
Africa
Africa: AfDB Approves $20m Private Equity Fund for Infrastructure Projects
The Board of Directors of the African Development Bank Group has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration ...
Morroco
Morocco’s Naps forms digital payments partnership with Mastercard
Mastercard and NAPS, a leading Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses. The partnership ...