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 ...
News
Nigeria: Diaspora Nigerians remitted $168bn in eight years – World Bank report
The Nigerian Diaspora community has remitted $168.33bn to the country in the past eight years, according to World Bank reports collated by our ...
Africa
Africa: African Development Bank partners ILX to scale up investments in Africa
The African Development Bank (AfDB) and ILX Management B.V. have signed a partnership agreement to scale up investments and spur institutional investor capital ...
News
Nigeria: Financial Crime Convictions Rising in Nigeria, Says EFCC
The Economic and Financial Crimes Commission (EFCC) says conviction figures from economic and financial crime prosecutions in 2023 are rising across various commands ...