News
Nigeria: Liquidity: Nigerian Banks Borrow N1.82trn from CBN
Stressed by sustained liquidity pressures in the system, a number of Nigerian deposit money banks (DMBs) continue to take refuge under the apex ...
Ghana
Ghana: Government commits to strict BoG zero financing of budget – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, has pledged the government’s full commitment to strict zero financing of the budget by the Bank of Ghana ...
Rwanda
Rwanda: Bank of Kigali Ranked Best Bank in Rwanda for Third Year Running
Bank of Kigali has been recognised as the best bank in Rwanda for the third consecutive year by Global Finance, an international magazine with an ...
News
Nigeria Has 222.5 Million Telephone Subscribers – NBS
The report showed that the figure for the last quarter of 2022 represented a 13.87 per cent rise in voice subscriptions on a ...
Kenya
Kenya: Safaricom Expands 5G Coverage to 21 Counties
Safaricom has increased its 5G coverage to 28 towns across 21 counties, allowing its customers to enjoy ultra fast Internet services. The telco ...
Africa
Rwanda: Payday re-launches in Rwanda with SpaceX’s Starlink
Africa’s leading neobank’s expansion into Rwanda aims at making digital banking accessible to all remote workers & professionals on the continent while ensuring ...
Africa
African startups invited to apply for Stanford Seed programme
African startups are invited to apply for the Stanford Seed Transformation Programme, which aims to help established businesses further scale. The Seed Transformation Programme is ...
News
Nigeria: NDIC verifies defunct Peak Merchant Bank depositors
The Nigeria Deposit Insurance Corporation has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of its insured sums. According ...
Angola
Angola: Banking Sector Adapts to IASB System
The Angolan banking sector has adapted to the harmonised accounting system of the International Accounting Standards Board (IASB), a European body responsible for ...
News
Seychelles: Anti-Money Laundering – Seychelles Upgraded On 5 Fatf Recommendations
Seychelles has been upgraded on another five recommendations set by the Financial Action Task Force (FATF) showing further progress in strengthening measures to ...