Africa
Africa: Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study
According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — ...
Africa
LGCA, AGRC & RegTech Africa Partner Up to Train Local Professionals in GRC Issues
Via this partnership, professionals in Nigeria and the rest of Africa will have greater access to AGRC’s Level 3 Certificates in AML, KYC/CDD, ...
Ghana
Ghana: S&P downgrades Ghana to further default status after Eurobond payment suspension
S&P Global Ratings has cut Ghana to default following the country’s announcement of a suspension of debt payments. According to a Bloomberg report, ...
Ghana
Ghana: Banks’ capital adequacy ratio falls due to investment losses – BoG
The Capital Adequacy Ratio (CAR) of banks fell to 14.2% in October 2022 due to investment losses by some banks as a result ...
Morroco
Morocco: 1.15 million People Own Cryptocurrency In Morocco
A new report by the Policy Center for the New South (PCNS) says that no fewer than 1.15 million people(3.05) percent own cryptocurrencies ...
News
Nigeria: PenCom, PFAs outline conditions for accessing mortgage funds
The National Pension Commission (PenCom) and Pension Operators Association of Nigeria (PenOp) have specified conditions for accessing equity contributions for the acquisition of ...
Nigeria
Nigeria: CBN may withdraw banks’ forex license over diaspora remittances
The Central Bank of Nigeria, CBN, threatened to withdraw foreign exchange dealership licences of banks that partner with International Money Transfer Operators, IMTOs, ...
News
Nigeria: FG to stop cash withdrawals from ALL government accounts, says NFIU
The Nigerian Financial Intelligence Unit(NFIU) says the government is planning to stop cash withdrawals from federal, states and local government accounts. Modibbo Tukur, ...
Ghana
Ghana suspends debt service payments of its Eurobonds
Ghana has announced a suspension of debt service payments for its Eurobond loans, commercial loans, and its bilateral debts. The Ghanian ministry of ...
Africa
Africa: Afreximbank, US EXIM Sign $500m MoU to Enhance Trade
The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MoU) with the Export-Import Bank of the United States (US EXIM) to ...