Africa
Africa: AfDB, Japan Sign $350m Loan to Support Africa’s Private Sector
The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA)have signed a JPY 44,100,000,000 (350 million dollars) loan to finance the ...
Nigeria
Nigeria: SEC opens Regulatory Portal for Fintechs seeking to operate in Nigerian Capital Markets
The Nigerian Securities and Exchange Commission (SEC) announced it has opened the Regulatory Incubation (RI) program for FinTech firms operating or seeking to ...
Africa
Africa: How Africa’s largest native crypto exchange thrived post-FTX
The collapse of FTX with filing for bankruptcy on 11 November 2022 sent a ripple effect across the world including Africa. But VALR, ...
Africa
Africa: IMF Executive Board Approves a U.S.$191.4 Million Extended Credit Facility Arrangement With the Central African Republic
The Executive Board of the International Monetary Fund (IMF) approved a 38-month Extended Credit Facility (ECF) arrangement of SDR 141.68 million (about US$191.4 ...
News
Nigeria: FIRS extends VAT filing deadline for April 2023
Following the introduction of a new process of claiming INPUT Tax which took effect from 1st April 2023, and the consequent concerns raised ...
Ghana
Ghana: Smile Identity Acquires Ghanaian ID Verification Company Appruve For Undisclosed Amount
Smile Identity, a KYC compliance and ID verification partner for African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian ...
Ghana
Ghana: GRA sets May 1, 2023 as implementation date for 3 key tax measures
The Ghana Revenue Authority has set May 1, 2023 as implementation date for the new and revised taxes announced in the 2023 Budget. ...
News
Nigeria: UBA Shareholders Approve 110 Kobo Dividend Per Share
Pan African financial services group, United Bank for Africa (UBA) Plc, shareholders have approved its board of directors’ proposal to pay a dividend ...
Egypt
Egypt: Mastercard and egabi collaborate to expand access to digital lending solutions across Africa
One month after its partnership with the National Bank of Egypt focused on the digitalization of the local economy, Mastercard signs a new ...
Africa
Africa: Launch Africa has already invested more than $31 million in start-ups in 22 African countries since 2020
Over the past five years, financial support for African tech start-ups has increased. Trust in local innovators continues to grow and attract investors ...
