News
Zimbabwe’s central bank to issue gold-backed digital currency: Report
The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as legal tender in the country. The move ...
Africa
Africa: The rapid expansion of 5G networks in Africa
During the lockdown in 2020, I found a video of a well-known religious leader in Nigeria saying that 5G technology was part of ...
News
Nigeria: The Rise of Crypto Adoption in Nigeria: Unlocking New Opportunities in Africa’s Largest Economy
In recent years, Nigeria has emerged as a hotbed for cryptocurrency adoption, with its citizens embracing digital currencies as a means of financial ...
News
Nigeria: Internet users in Nigeria rose to 154m in Q4 2022
The National Bureau of Statistics has disclosed that Nigeria’s internet users grew to 154.8 million in the fourth quarter of 2022. The bureau ...
Africa
Africa: IMF advices African countries including Nigeria to adjust exchange rate
The International Monetary Fund has advised Sub-Saharan African countries to seek currency adjustments (devaluation) due to the realities of rising global interest rates ...
Africa
Africa: The Rise of Alternative Lending and Crowdfunding Platforms in Africa
In recent years, alternative lending and crowdfunding services have grown in popularity throughout Africa. These platforms open up new avenues for people and ...
Kenya
kenya: Flutterwave to set up an East African office in Kenya
Although it has been challenging to enter Kenya, Flutterwave has announced that it will establish its primary operations station in Nairobi for the ...
News
South Africa: Roqqu receives regulatory approval to operate in South Africa
Roqqu, Nigeria’s largest cryptocurrency exchange, receives regulatory approval to operate in South Africa and hence its users will now be able to deposit ...
News
Nigeria: CBN dormant account policy triggers anxiety in banking sector
Banks and their customers have raised concerns over the Central Bank of Nigeria’s proposed plan to mop up funds from dormant accounts. While ...
Africa
Africa: Interswitch Joins Africa Tech for Trade Alliance
Interswitch Group is delighted to align with the Africa Tech For Trade Alliance, a partnership which was cemented at the recently concluded African ...