Kenya
Kenya: Cellulant Voted Kenya’s Leading Online Payment Platform
Pan-African digital payments provider Cellulant has been named Kenya’s best online payment platform during 2022 Top Star Brand Awards. The Kenyan-founded start-up was ...
News
Nigeria: Telecommunication Companies Threaten To Withdraw USSD Services Over Alleged N80billion Debt By Banks
The association said that the accumulated debt from the unstructured supplementary service data (USSD), owed to them by banks, rose to N80 billion ...
News
Nigeria: Over 6,000 BVNs come under CBN Watch as Fraud Surges
According to information released by the Central Bank of Nigeria (CBN), there are at least 6,047 Bank Verification Numbers (BVNs) on its watch ...
South Africa
South African cryptocurrency startup Centbee raises $1 million to make it easier to send money across borders
Calvin Ayre, who started the well-known bitcoin venture capital firm Ayre Ventures, helped fund Centbee’s $1 million pre-series A round. Based in London ...
News
Nigeria: Digital Bank Gomoney Launches ‘Split Bill Feature’ in Nigeria
Digital bank Gomoney now offers a “split bill feature” for its customers in Nigeria. The firm said this feature makes it easier for ...
Egypt
Egypt: Fawry joins together with Classera to encourage digital payments in Egypt’s educational sector.
Fawry, a prominent fintech and banking services firm, has announced a strategic agreement with Classera, a leader in teaching and distant learning technologies, ...
Africa
Africa: Visa intends to invest $1 billion in Africa over the next five years
Visa will spend $1 billion in Africa over the next five years to take advantage of the continent’s booming market and growing reliance ...
News
Tanzania: BoT Implement Cautious Monetary Policy to Contain Inflation, Global Challenges
The Bank of Tanzania (BoT) has continued to implement a cautious monetary policy stance in balancing between growth and inflation in the current ...
Africa
Africa: Afreximbank, US EXIM Bank sign US$500m MoU to enhance US-Africa Trade
The African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the United States (U.S. EXIM) to ...
Ghana
Ghana: More than $5 million expected in remittances in 2023 to ease forex pressure – Darryl Abraham
The pressure on Ghana’s forex is expected to ease, with an expected $5 billion in remittances for 2023, following a $4.7 billion inflow ...