Ghana
Ghana: Average lending rates shoot up marginally to 36.64% – BoG
Average lending rates shot up marginally to 36.64% in February 2023, from 35.58% recorded in December 2022, data from the Bank of Ghana ...
Ghana
Ghana: Economic activity contracts but consumer confidence improves – BoG
The January 2023 update of the Bank of Ghana’s Composite Index of Economic Activity (CIEA) indicates a contraction in economic activity by 7.6% ...
Liberia
Liberia received $3.9 million to improve its payment systems and the Central Bank’s data center
Liberia’s financial sector faces a number of challenges, including insufficient ICT infrastructure. The existing payment infrastructure deployed in 2016 has served the country ...
Kenya
Kenya unveils a digital marketplace to connect innovators and investors
At the forefront of the young African technology scene, Kenya is attracting more and more international companies looking to take advantage of the ...
Nigeria
Nigeria: UK-Nigeria Tech Hub and Google allocate $3 million to women founders of technology companies
Investments in the African technological space have recently increased. However, start-ups owned by founders were only able to obtain a tiny fraction of ...
News
Nigeria’s money supply rises to N53.3 trillion in February 2023
Nigeria’s money supply (M3) rose to N53.3 trillion in February 2023 from N52.16 trillion recorded at the beginning of the year. This represents ...
Ghana
Ghana: Bank of Ghana hikes monetary policy rate to 29.5%
The Monetary Policy Committee of the Bank of Ghana has announced a hike in the policy rate by 150 basis points to 29.5 ...
Nigeria
Nigeria: NCC not regulating social media – Spokesperson
The Nigerian Communications Commission has said it is not involved in the regulation of social media. This is as the NCC said it ...
Kenya
Kenya: CBK licenses 10 more digital lending apps – Capital Business
The Central Bank of Kenya (CBK) has approved 10 more digital credit providers (DCPs), pushing the total number of registered entities to 32. ...
Nigeria
Nigeria: Why we want to regulate submarine cable operations in Nigeria —NIMASA
The Nigerian Maritime Administration and Safety Agency (NIMASA) has said its moves to regulate the operations of Submarine Cables in Nigeria were precipitated ...
