News
SA: Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX. The value of ...
News
Nigeria: Zenith Bank wins ‘Bank of the Year, Nigeria’ in the Banker Awards 2022
Zenith Bank Plc has emerged as Bank of the Year in Nigeria in The Banker’s Bank of the Year Awards 2022. The award, ...
Africa
African Fintech revenues could grow by 8X to reach $30 billion by 2025 – McKinsey & Company
African fintech has a significant impact on day-to-day life on the continent and with its current upward trend it can be perfectly poised ...
News
Nigeria: Access Holdings gets France operating license
The group managing director, Access Holdings Plc, Mr. Herbert Wigwe has disclosed that the group obtained approval license to commence operation in France ...
Ghana
Ghana: Afriwave Telecom receives an award at 4th National Communications Awards 2022
Ghana’s telecoms industry interconnect clearinghouse (ICH), Afriwave Telecom emerged the Telecom Support Company of the Year at the 4th National Communications Awards 2022. ...
Gabon
Gabon Debt Burden to Drop to 54% of GDP – Moody’s
From 78.3% in 2020, Moody’s has estimated that Gabon will see its debt to gross domestic product (GDP) at 54% in 2023, affirming ...
Egypt
Egypt’s SideUp raises $1.2M to grow its e-commerce support platform
After four years operating primarily as a logistics marketplace, Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete ...
Ghana
Ghana: Ghana to swap Cedi debt for new bonds in restructuring
Ghana is asking local bondholders to accept losses on interest payments as it restructures its debt to qualify for a loan from the ...
News
Nigeria: Nigeria’s e-commerce markets hits $17bn
The Director General of the National Information Technology Development Agency, (NITDA) Kashifu Abdullahi Inuwa at the weekend said Nigeria’s e-commerce businesses have risen ...
News
Nigeria: CBN Offered N7.33trn Treasury Bills in Six Months
The Central Bank of Nigeria (CBN) said it offered treasury bills amounting to N7.33 trillion in the first half of the year (H1 ...